Home > All listings > 701 5850 Balsam Street

$1,299,000

701 5850 Balsam Street

Kerrisdale, Vancouver, BC, V6M 4B9

2 | 3 | 2 | 1,644 sq.ft. | Year Built: 1990 |

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Freshly Painted and New Carpets. Spacious Kerrisdale Condo Ready to Move In! Presenting Unit 701 at The Claridge: a substantial 1644 sq ft residence featuring 2 bedrooms, a versatile den, and 2 full bathrooms and 1 powder room. Benefit from the convenience of 2 parking stalls and a dedicated storage locker. With only two suites per floor, this is a unique opportunity to create your perfect Vancouver home. Bring your renovation ideas and transform this space! Meas. Approx. Buyer to verify if deemed important. Showing by Appointment. Open Saturday November 15/25 3-5pm

Property Info

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MLS®: R3065088

Listing Courtesy of Royal LePage Westside

Total Bedrooms 2

Total Bathrooms 3

Floor Space 1644 sq.ft.

Title Type Freehold Strata

Date Listed XXXX-XX-XX

Property Type Condo

Listed Price $1,299,000

Unit Pricing $790/sq.ft.

Strata Fee $1402.51

Tax Estimate $5,129/Year

Year Built 1990

Interior Features

Rooms

Main Living Room 20'6 * 14'10

Main Dining Room 20'0 * 15'10

Main Den 9'10 * 9'6

Main Kitchen 9'2 * 9'6

Main Eating Area 9'2 * 5'0

Main Foyer 6'7 * 6'11

Main Bedrooms 8'11 * 11'3

Main Primary Bedroom 12'5 * 17'3

Main Walk-In Closet 13'0 * 7'8

More Details

Storey 1

Floor Space Finished 1644.00 sq.ft.

Rules No

Roof XXXXXXXX

Zoning CONDO

Floor Finish XXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Parking Underground, Lane Access

Parking Cover 2

Parking Total 2

Fuel Heating Baseboard

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Vancouver West
Street Name: Balsam
City: Vancouver
State Or Province: BC
Postal Code: V6M 4B9
Property Type: Residential
Property Sub Type: Apartment/Condo

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 2
Bathrooms Half: 1

Interior Features

Fireplaces Total: 1
Flooring: Mixed
Basement: None
Interior Features: Elevator, Storage

Exterior Features

Exterior Features: Garden, Balcony, Private Yard
Roof: Torch-On

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer, Storm Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1990
Building Area Total: 1644
Living Area: 1644

Lot Information

Lot Features: Cul-De-Sac, Recreation Nearby
Parcel Number: 016658361

Sold History

Selling

R3065088 Condo Nov 5, 2025 Listed $1,299,000

R3018921 Condo Aug 21, 2025 Removed $1,299,000

R2997476 Condo Jun 23, 2025 Removed $1,399,000

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City Introduction

Overview of Vancouver, BC, Canada

Population

Vancouver is the largest city in British Columbia, with a population of approximately 660,000 (2023). The Greater Vancouver area has over 2.6 million residents. Vancouver is one of Canada's most diverse cities, with significant Chinese, South Asian, and Filipino communities.

Economy

Key Industries: Technology, film production, tourism, port trade, and real estate.
Tech Hub: Known as the "Silicon Valley of the North," Vancouver is home to numerous tech companies and startups.
Film Industry: Vancouver is the third-largest film production center in North America, after Los Angeles and New York.
Port Trade: The Port of Vancouver is Canada's largest port, connecting Asian and North American markets.

Living Features

Natural Environment: Vancouver is renowned for its stunning natural scenery, including Stanley Park, English Bay, and the North Shore Mountains.
Climate: Mild winters and cool summers make it ideal for outdoor activities.
Education: Home to prestigious universities like the University of British Columbia (UBC) and Simon Fraser University (SFU).
Multiculturalism: A vibrant multicultural community with diverse dining and cultural events.

Real Estate Investment

Prices: Vancouver is one of Canada's most expensive cities, with detached homes averaging $2 million CAD and condos around $800,000 CAD (2023).

Opportunities:

Strong demand from immigrants and students ensures a robust rental market.
Limited land supply and population growth support long-term price appreciation.

Risks:

High prices and foreign buyer taxes (20%) may increase investment costs.
Vacancy taxes and property taxes are relatively high, requiring careful financial planning.

Verdict

Vancouver is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Kitsilano and West End, while Downtown and Broadway corridor condos are attractive for investors.

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