1100 5890 BALSAM STREET
Vancouver · MLS® R3173082
2 bed · 3 bath · 1,587 sq ft · 2 parking
Condo · Single Family · built 1990 · 1 day on market
Listed by Jessica J. Li, Multiple Realty Ltd.
Realtor's description
Measurement by Realtor. If deemed important, please verify by the buyer(s). A beautiful penhouse with an amazing city view. One master room on the main floor,. above, has another room. Den with a great size can be used as a 3rd room. Functional and located in Kerrisale area. Steps to the Kerrisale community center, shopping, and restaurants nearby.. Location, location, location. Great community. Nice layout. Excellent Catchment. School. 2 Parking and 1 locker. Easy to show. Great for the first-time buyer in the Vancouver West Side.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 3
- Living area
- 1,587 sq ft
- Parking
- 2
- Year built
- 1990
- Property tax
- $5,874 / yr
- Strata fee
- $123 / mo ($0.08 / sq ft)
- Days on market
- 1
- MLS®
- R3173082
Features
- All
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
- −$4,377/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $6,448 · tax $490 · strata $123 · 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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