Home > All listings > 6865 Balsam Street

$5,500,000

6865 Balsam Street

S.W. Marine, Vancouver, BC, V6P 5W9

5 | 6 | 4 | 5,729 sq.ft. | Year Built: 1966 |

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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.

Property Info

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MLS®: R3004467

Listing Courtesy of Oakwyn Realty Ltd.

Total Bedrooms 5

Total Bathrooms 6

Floor Space 5729 sq.ft.

Lot Size 17696 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $5,500,000

Unit Pricing $960/sq.ft.

Strata Fee $0.00

Tax Estimate $15,575/Year

Year Built 1966

Interior Features

Rooms

Main Foyer 10'5 * 12'6

Main Living Room 15'2 * 24'3

Main Dining Room 14'3 * 13'3

Main Kitchen 10'8 * 13'5

Main Eating Area 9'5 * 9'4

Main Great Room 19'8 * 32'6

Main Study 15' * 14'4

Main Laundry 6'7 * 7'6

Above Primary Bedroom 15'4 * 17'4

Above Bedrooms 12' * 12'10

Above Bedrooms 14'6 * 12'10

Above Bedrooms 14'4 * 14'2

Above Bedrooms 20'11 * 11'6

Above Playroom 14'4 * 16'

Bsmt Recreation Room 14'3 * 23'8

Bsmt Bar Room 8'9 * 12'8

Bsmt Games Room 24'3 * 12'10

Bsmt Nook 9'6 * 13'3

Bsmt Workshop 8' * 14'5

Bsmt Storage 12'10 * 13'5

Bsmt Mud Room 8'10 * 10'8

More Details

Storey 2

Floor Space Finished 5729.00 sq.ft.

Roof XXXX

Zoning R1-1

Floor Finish XXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXX

Parking Garage Double, Open, Front Access, Lane Access, Asphalt, Garage Door Opener

Parking Cover 2

Parking Total 4

Fuel Heating Forced Air, Natural Gas

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: V6P 5W9
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 4
Bathrooms Half: 2

Interior Features

Fireplaces Total: 3
Flooring: Hardwood, Tile
Basement: Full, Finished, Exterior Entry
Interior Features: Storage, Central Vacuum, Wet Bar

Exterior Features

Exterior Features: Garden, Balcony, Private Yard
Roof: Wood
Pool Features: Outdoor Pool

Property

Utilities

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

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1966
Lot Size Square Feet: 17696
Building Area Total: 6016
Living Area: 5729

Lot Information

Lot Features: Central Location, Lane Access, Private, Recreation Nearby
Parcel Number: 011221453

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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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