6865 Balsam St, Vancouver, BC, MLS® R3046407

$4,838,000
Est. Mortgage /mo

$4,838,000
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
5 Beds
6 Baths
2 Stories
lot 17696 sqft
5729 sqft
1966 built
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6865 Balsam St, Vancouver, BC | MLS® R3046407 Property Details

This special family home has come to market for the first time since 1982! It is a pleasure to show this 6000 square foot residence sitting on nearly 18,000 sq. ft. of dream property across from Maple Grove Park! 5 Bedrooms & 3 Baths Up. 2287 square feet of gracious living on the Main. Formal Living & separate Dining Room w/in-laid oak floors. Great Room concept Family Room with Bar, Eating Area & Kitchen overlooks the patio, pool, cabana & private back yard oasis. Main floor Study is perfect for your office. Downstairs Rec. Room, Games Room, Sitting Area, full Bath, Workshop & loads of storage. Mature, tasteful landscaping surrounds this stately home w/ double garage. Located on a quiet neighbourhood street of like properties. Kerrisdale shopping is minutes away. Easy access to UBC.

General Info

Price $4,838,000
Total Bedrooms 5
Total Bathrooms 4
Half Bathrooms 2
Floor Area Total (sqft) 5729
Lot Size 17696
Lot Size Depth Feet
Lot Size Frontage 70
Basement Full, Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1966
Age Of Building 59
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Oven, Range Top
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3046407
Area Vancouver West
Neighbourhood S.W. Marine
City Vancouver
Gross Taxes $16,950.3
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 3
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Garage Double, Open, Front Access, Lane Access, Asphalt, Garage Door Opener
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning R1-1
Rental Suites None
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter
Interior Features Storage, Central Vacuum, Wet Bar
Locker -
View -
View Description -
Units In Development -
Exterior Features Garden, Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Wood

Property History

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Status Date Price
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Listed by: Oakwyn Realty Ltd.

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
0.95 km
No Rating
Elementary
Maple Grove Elementary School
Above Average
1.08 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
1.59 km
No Rating
Elementary, Secondary
Crofton House
1.59 km
No Rating

Closest Transit

Translink
Eastbound W 49 Ave @ Balsam St
0.36 km
Welcome to 6865 Balsam Street, a stunning property in the heart of Vancouver, BC (MLS® R3046407)

As we step into the vibrant community surrounding 6865 Balsam Street, you'll discover a haven that offers something for everyone. Let's start with the schools – a top priority for families.

Education

Just down the road, Maple Grove Elementary School (Rating 8.6/10) welcomes students with a warm and inclusive environment. Located a mere 1.08 km from 6865 Balsam Street, this school is an excellent choice for families. For secondary education, Magee Secondary School (No Rating) is nearby, only 0.95 km away. And for those seeking a private education, Crofton House is just 1.59 km from this lovely property.

Safety

According to the latest crime statistics from Statistics Canada (2020), the community surrounding 6865 Balsam Street, Vancouver, BC has an average crime rate of 7,470.82 incidents per 100,000 population. This is in line with the national average, providing a sense of safety and security for residents. While there were 52,217 reported disturbances in the area, the overall crime rate has decreased by 14.94% over the years. Additionally, the drug crime rate is average, with 1,604 reported incidents, and the property crime rate is above average, with 35,089 reported incidents.

Demographics

The neighborhood surrounding 6865 Balsam Street is a blend of young professionals and families. With 45.8% of residents holding a university certificate or degree (High in comparison to other BC neighborhoods), this area is a hub for education and career advancement. The median household income is $99,520 (High compared to the BC average), and the median personal income is $35,100 (Average). Interestingly, 42.3% of households in this census subdivision have a mortgage (Low).

Lifestyle

In this vibrant neighborhood, you'll find a mix of young professionals, families, and couples. The average family size is 3.1 (Above Average), and 68.8% of families have children (Above Average). The average age of the population is 41.8 (Average), and 61.3% of residents are married or living common law (Average). You'll also find a diverse range of languages spoken in the area, with 9% of residents speaking neither English nor French (High), and 81.5% speaking only English (Below Average).

Transit and Commuting

For those who rely on public transportation, the closest bus station is Eastbound W 49 Ave @ Balsam St, just 0.36 km away from 6865 Balsam Street (MLS® R3046407). With a high percentage of residents using bicycles (5.2%) and walking (2.1%), this neighborhood is also pedestrian-friendly.

Real Estate Context

The average value of dwellings in this neighborhood is $3,361,575 (High compared to other areas in British Columbia). Owner payments are also high, with an average of $2,720 spent on dwellings, while tenants pay an average of $1,994. Interestingly, 15.3% of the population in this area are renters (Below Average compared to other BC cities).

Insider's Tip

As a seasoned realtor, I can attest that this neighborhood offers an unbeatable blend of safety, education, and lifestyle amenities. With its diverse community, excellent schools, and high median household income, 6865 Balsam Street is an exceptional property in the heart of Vancouver, BC (MLS® R3046407).

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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 $4,838,000
Vancouver $5,040,000
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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