Unknown Address ,
$2,998,800
EXCEPTIONAL INVESTMENT OPPORTUNITY: THREE DETACHED HOMES ON ONE LOT WITH 5 INCOME-GENERATING SUITES! Producing $176,736 in gross annual income ($14,528/month) with an attractive ~5% cap rate, this is a rare high-performing asset. Situated at 2452, 2472 & 2492 Balsam Street on a 5,750 square ft corner lot (50´ x 115´) fronting Broadway, the property features three well-maintained and updated homes (circa 1925) offering 4,583 square ft of living space, 13 bedrooms and 6 bathrooms. Five established tenancies provide stable cash flow with upside potential. Ideal for investors or long-term holding with future redevelopment potential. Ideal for investors, multi-family buyers, or those seeking a long-term holding property in a high-demand location with excellent income and future upside. (id:12562)
Property Details
| MLS® Number | R3113532 |
| Property Type | Single Family |
| Amenities Near By | Shopping |
| Features | Central Location |
| Parking Space Total | 1 |
Building
| Bathroom Total | 6 |
| Bedrooms Total | 13 |
| Appliances | All |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | Unknown (finished) |
| Constructed Date | 1925 |
| Fixture | Drapes/window Coverings |
| Size Interior | 4,583 Ft2 |
Land
| Acreage | No |
| Land Amenities | Shopping |
| Size Frontage | 50 Ft |
| Size Irregular | 5750 |
| Size Total | 5750 Sqft |
| Size Total Text | 5750 Sqft |
Contact Us
Contact us for more information
Brandon Gee-Moore
Personal Real Estate Corporation, Brandon Gee-Moore Real Estate Group
www.brandongeemoore.ca/
www.facebook.com/BrandonGeeMoore/
www.instagram.com/realestateburnaby/
#1 - 5050 Kingsway
Burnaby, British Columbia V5H 4C2
(604) 433-2211
(604) 433-5274
www.remaxcrest.ca
Peter Bundic
Brandon Gee-Moore Real Estate Group
#1 - 5050 Kingsway
Burnaby, British Columbia V5H 4C2
(604) 433-2211
(604) 433-5274
www.remaxcrest.ca
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 21 2026 05:59:01
Greater Vancouver REALTORS®
RE/MAX Crest Realty