
102 5850 BALSAM STREET
Vancouver · MLS® R3170881
2 bed · 2 bath · 1,028 sq ft · 2 parking
Condo · Single Family · built 1990 · 10 days on market
Listed by Jennifer Quart, RE/MAX Westcoast
Realtor's description
Fantastic GARDEN suite in CONCRETE BUILDING. This spacious ground-floor home is ready for your renovation ideas. Tailor this space to your taste while enjoying one of the home´s most outstanding features - the outdoor space. The large private patio opens onto a lush green area that feels like your own backyard. With only two ground-level residences in the building, this green space offers a unique sense of openness and privacy that is seldom found in condo living. Ideal for downsizers who want to remain in Kerrisdale. Located in one of the area's few concrete buildings, you'll appreciate the solid construction and exceptional walkability to shops, cafes, restaurants, and everyday amenities. A wonderful opportunity to add value and create something special.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,028 sq ft
- Parking
- 2
- Year built
- 1990
- Property tax
- $3,218 / yr
- Strata fee
- $890 / mo ($0.87 / sq ft)
- Strata rules
- Pets not Allowed
- Days on market
- 10
- MLS®
- R3170881
Features
- Central location
- Private setting
- Elevator
- Pets not Allowed
- All
Floor plans
Found among the listing photos.
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,955/mo
- After all costs
- −$1,956/mo
- Cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $3,481 · tax $268 · strata $890 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Westside/Kerrisdale, Vancouver (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Vancouver also charges an empty homes tax. vancouver.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
Schools
Catchment schools, Vancouver School Board
- Elementary Maple Grove Elementaryhomes in this catchment
900 m away · 6199 Cypress St, Vancouver · 604-713-5356
- Secondary Magee Secondaryhomes in this catchment
900 m away · 6360 Maple St, Vancouver · 604-713-8200
From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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