6615 Balsam St, Vancouver, BC, MLS® R2896849

$14,800,000
Est. Mortgage /mo

16.9% price reduce

$14,800,000
$17,800,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
7 Beds
8 Baths
2 Stories
lot 11817 sqft
6912 sqft
2024 built
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Map
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Schools
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6615 Balsam St, Vancouver, BC | MLS® R2896849 Property Details

16.9% price reduce

HUGH LOT 11,817 SQFT, the Arbutus Residence stands as a timeless testament to meticulous design & unparalleled comfort. This elegant 7,282 SQFT European Italian-style. Featuring 7 beds 8 baths, the 3 levels home boasts a grand 20' high foyer with soaring ceilings. Open living areas seamlessly connect to a top-brand appliance-equipped Gaggenau kitchen, leading to a private garden and outdoor swimming pool. Smart home system and private elevator. A swimming pool, spacious recreation room, a stunning home theater, advanced audio, sauna & GYM. Steps away from Maple Grove Park and Kerrisdale's amenities, Magee Secondary, Maple Grove Elementary, close to Crofton House & St. Georges private schools, UBC & 5 Golf Courses. Age of building as per occupancy permit date.

General Info

Price $14,800,000
Total Bedrooms 7
Total Bathrooms 7
Half Bathrooms 1
Floor Area Total (sqft) 6912
Lot Size 11817
Lot Size Depth Feet
Lot Size Frontage 48.7
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 2024
Age Of Building 1
Building Type Single Family Residence
Property Type Residential
Architecture Style Laneway House
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2896849
Area Vancouver West
Neighbourhood S.W. Marine
City Vancouver
Gross Taxes $23,298.6
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Radiant

Utilities

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

Parking

Parking Type Garage Double
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RS-5
Rental Suites -
# of Kitchens 2
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Amex Broadway West Realty

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
Magee Secondary School
0.82 km
No Rating
Elementary
Maple Grove Elementary School
Above Average
0.94 km
Rating 8.6/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

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

Closest Transit

Translink
Eastbound W 49 Ave @ Balsam St
0.15 km

Welcome to the charming neighborhood of 6615 Balsam Street, Vancouver, BC, where you'll find a beautiful home for sale, listed as MLS® R2896849. As we walk through this lovely community, I'll share with you the highlights and insider details that make it so special.

### Schools

Just a stone's throw away from your new home at 6615 Balsam Street, you'll find the excellent Maple Grove Elementary School. With a rating of 8.6/10, this school is a top choice for families. In fact, it's just a 0.94 km walk from your front door, making it the perfect option for kids. The property is also serviced by Magee Secondary School, which has a rating of No Rating, and is located just 0.82 km away. And for students who prefer an independent school setting, Crofton House is the closest option, with a rating of No Rating, located 1.45 km from your home.

### Safety

When it comes to safety, you can breathe easy knowing that this neighborhood has a relatively low crime rate. According to Statistics Canada's 2020 report, the overall crime rate near 6615 Balsam Street, Vancouver, BC is 7,470.82, which is considered Average compared to other Canadian cities. The year-by-year change in the total crime rate is a impressive -14.94%, indicating a downward trend. Additionally, the drug crime rate is Average, with a rating of 229.49, and the property crime rate is Above Average, with a rating of 5,020.27. Violent crime, on the other hand, is Below Average, with a rate of 1,311.69.

### Transportation

Getting around is a breeze with the Eastbound W 49 Ave @ Balsam St bus station just 0.15 km away from your home. With public transportation at your fingertips, you'll have easy access to all the amenities and attractions the city has to offer.

### Demographics

This neighborhood is a hub of activity, with a diverse population that's perfect for families and professionals alike. According to the latest data, 45.8% of the population holds a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 10.8% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income is a impressive $99,520, which is High compared to the British Columbia average. And with an unemployment rate of 6, which is Below Average, you can rest assured that you'll have access to job opportunities and a thriving economy.

### Lifestyle Amenities

From parks and beaches to shopping malls and grocery stores, this neighborhood has it all. You'll be just a short walk or drive from the S.W. Marine, where you can enjoy the beautiful scenery and water views. And with a population density of 2,432.9 people per square kilometer, you'll be surrounded by like-minded individuals and a sense of community.

### Real Estate Context

As you consider purchasing this beautiful home at 6615 Balsam Street, Vancouver, BC, you'll want to know the real estate context. With an average value of dwellings of $3.361,575, this neighborhood is considered High compared to other areas in British Columbia. And with average owner payments of $2,720, you can enjoy the comfort and security of owning your own home. Tenants, on the other hand, will pay an average of $1,994, which is High compared to other cities. And with 15.3% of the population renting, this neighborhood is considered Below Average compared to other BC cities and areas.

### Language and Transportation

When it comes to language, you'll find that 81.5% of the population speaks only English, which is Below Average. On the other hand, 9% of the population speaks neither English nor French, which is High compared to other BC cities. And with 5.2% of the population using bicycles, this neighborhood is considered High. However, 79% of the population uses cars, which is Below Average. And with 13.3% of the population using public transportation, this neighborhood is considered Average.

In conclusion, 6615 Balsam Street, Vancouver, BC, is a wonderful neighborhood that offers the perfect blend of safety, amenities, and lifestyle. With its excellent schools, low crime rate, and diverse community, this home for sale, listed as MLS® R2896849, is the perfect choice for families and professionals alike. Come and see it for yourself today!

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $14,800,000
Vancouver $11,980,000
S.W. Marine No comparables
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
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