503 5350 BALSAM ST, Vancouver BC V6M 4B4, Vancouver, BC

$798,000
Est. Mortgage /mo

MLS® R2940923

Closed

$790,000
Closed at 14 Jan 2025
Listing price: $798,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
2 Beds
2 Baths
1 Stories
$ 764.13 Maint. Fee
880 sqft
1970 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Welcome to Balsam House in Kerrisdale! This SE comer suite offers an abundance of natural light and has been beautifully & professionally renovated. The kitchen features a sleek design with high-end appliances, Caesarstone quartz countertops, and a Blanco Silgranite sink. The primary ensuite boasts a walk-in shower, Grohe fixtures, and custom millwork. The expansive primary bedroom comfortably fits a king-sized bed, creating a peaceful retreat. Other updates include engineered hardwood floors, California closets, double-paned windows with roller blinds with blackouts in the bedrooms, and a resurfaced balcony with views of downtown and North Shore mountains. Strata fees cover heat, hot water, and a live-in caretaker. Only 4 suites per floor with FREE laundry on each floor. Don't miss!

General Info

Price $798,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 880
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1970
Age Of Building 55
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Dishwasher, Refrigerator, Cooktop
Building Amenities Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Sewer, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2940923
Area Vancouver West
Neighbourhood Kerrisdale
City Vancouver
Gross Taxes $1,932.28
Ownership Type Freehold Strata
Maintenance Fee $764.13
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Sewer, Snow Removal, Water

Heating & Cooling

Fireplace -
Heating Type Baseboard, Hot Water

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Lane Access, Garage Door Opener
Total Parking Spaces 1

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Strata Restrictions Pets Not Allowed,Rentals Allowed
Pet Restrictions No Cats, No Dogs, No
Rental Restrictions -
Zoning RM-3
Rental Suites -
Laundry Common Area
# of Kitchens 1
Flooring Hardwood
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description CITY & MOUNTAIN VIEWS
Units In Development 24
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Torch-On

Property History

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Status Date Price
Sold 01-14-2025 $798,000
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Listed by: Engel & Volkers Vancouver & Engel & Volkers Vancouver

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
Point Grey Secondary School
0.58 km
No Rating
Elementary
Quilchena Elementary School
Average
0.69 km
Rating 6.1/10

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary, Secondary
Crofton House
1.24 km
No Rating
Elementary, Secondary
Crofton House
1.24 km
No Rating

Closest Transit

Translink
Westbound W 41 Ave @ Vine St
0.33 km

503 5350 BALSAM STREET, Vancouver BC V6M 4B4 is serviced by Quilchena Elementary School. The property with listing MLS® R2940923 is located 0.69 km from the school. Quilchena Elementary School has a rating of Rating 6.1/10.

This home with address 503 5350 BALSAM STREET, Vancouver BC V6M 4B4, Vancouver, BC is also serviced by Point Grey Secondary School and located 0.58 km from it. Point Grey Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 503 5350 BALSAM STREET, Vancouver BC V6M 4B4 is Crofton House with School's rating No Rating, located 1.24 km from this home.

The closest to this address 503 5350 BALSAM STREET, Vancouver BC V6M 4B4 Secondary independent school is Crofton House with School's rating No Rating, located 1.24 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 503 5350 BALSAM STREET, Vancouver BC V6M 4B4, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2940923 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 503 5350 BALSAM STREET, Vancouver BC V6M 4B4 are Above Average. Property misconduct rating adjacent to MLS® R2940923 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Westbound W 41 Ave @ Vine St in 0.33 km away from this listing with - MLS® R2940923.

45.4% of people with university certificate/degree live in this neighbourhood adjacent to the 503 5350 BALSAM STREET, Vancouver BC V6M 4B4 which is High in comparison with other BC neighbourhoods. 10% of population in this neighbourhood that is near the Listing MLS® R2940923 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 503 5350 BALSAM STREET, Vancouver BC V6M 4B4, Vancouver, BC is $56544 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2940923 is $33168 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 31.4% which is Low.

Unemployment rate in the area around Real Estate Listing # R2940923 is 10.5 which is Above Average in comparison to the other province neighbourhoods.

This real estate is located in 503 5350 BALSAM STREET, Vancouver BC V6M 4B4 Kerrisdale where population change between 2011 and 2016 was -3.6%. This is Low in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 503 5350 BALSAM STREET, Vancouver BC V6M 4B4, Vancouver, BC is 9592.7 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 503 5350 BALSAM STREET, Vancouver BC V6M 4B4 is 2.6. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2940923 is 55.5% and it is Average. % of Married or living common law is around 47% and it is Low.

Average age of the population close to the 503 5350 BALSAM STREET, Vancouver BC V6M 4B4 is 50.3 . This percentage is High in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 503 5350 BALSAM STREET, Vancouver BC V6M 4B4, Vancouver, BC is $1386395 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 503 5350 BALSAM STREET, Vancouver BC V6M 4B4. $1534 owners spent in average for the dwelling. Tenants are paying $1566 in this district close to MLS® R2940923 and it is High comparing to other cities.

65.3% of Population in this district near the 503 5350 BALSAM STREET, Vancouver BC V6M 4B4 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 503 5350 BALSAM STREET, Vancouver BC V6M 4B4, Vancouver, BC is 9.8%, it is Above Average, % of English speakers only is 85.1% and Below Average. % of French speakers adjacent to 503 5350 BALSAM STREET, Vancouver BC V6M 4B4 only is 0.2% and it is Below Average. % of Neither English nor French speakers close to home for sale 503 5350 BALSAM STREET, Vancouver BC V6M 4B4, Vancouver, BC is 5.1% and it is High comparing to other BC cities.

30.2% of all population in the area around this property with the address 503 5350 BALSAM STREET, Vancouver BC V6M 4B4, Vancouver, BC using Public Transport which is High, 56.3% of using population are using Cars around MLS® R2940923, which is Low. 3.3% of people using Bicycles around the 503 5350 BALSAM STREET, Vancouver BC V6M 4B4 and it is High. 7.4% of population are walking which is Above Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 764.13
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $798,000
Vancouver $815,911
Kerrisdale $841,000
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Call or Text Now!
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