PH6 5723 BALSAM STREET
Vancouver, BC V6M4B8
$688,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $666/mo
- Annual property tax
- $2,042.47 (2025)
Interior
- Heating
- Baseboard heaters, Electric
- Fireplace
- None
Exterior & Lot
- View
- View
Parking
- Total spaces
- 1
Restrictions & Policies
- Pets
- Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- R3108880
- Listed
- April 8, 2026
- Time on market
- On the market for 145 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Royal Pacific Realty Corp. · Data source: CREA DDF.
Description
"Kerrisdale Place" is ideally located in the prestigious Kerrisdale neighborhood on Vancouver's Westside. This bright and spacious penthouse features 1 bedroom plus a den, offering 785 square ft of thoughtfully designed living space. Expansive skylights bring in abundant natural light, while a private rooftop terrace provides an excellent outdoor retreat. The unit comes with one secure underground parking stall and a storage locker. Enjoy the convenience of nearby transit, along with a variety of amenities just steps away, including shops, restaurants, banks, parks, and community centers. A short drive connects you to top private schools, the University of British Columbia, Vancouver International Airport, and downtown Vancouver. The property falls within the school catchments for Maple Grov (id:63159)
Values & Trends
This listing
$876/sqft
Building average
—
No other active listings in this building
Vancouver average
$1,094/sqft
2087 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Apartment Market Stats — Vancouver
Monthly figures from the Fraser Valley Real Estate Board for Vancouver apartmentlistings — not specific to this property.
MLS® HPI Benchmark Price
$729,200
Jul 2026
Average Sale Price
$892,419
Jul 2026
Monthly Sales
342
Jul 2026
Active Listings
2,222
Jul 2026
Sales-to-Active Ratio
15.0%
Jul 2026
Median Days to Contract
25 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
15°C
Clear
Humidity 100%
Wind NW 5 km/h
Tonight
14°
Tuesday
20°
Tuesday night
15°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
662,248
(2021 Census)
+4.9% since 2016
Density: 5,749.7/km²
Dwellings: 328,347
Median household income: $82,000
After-tax: $72,000
Immigrant population: 42.2%
Top countries of origin (% of total population)
- China9.6% · 63,270
- Philippines4.5% · 29,925
- Hong Kong3.8% · 25,485
- India2.2% · 14,640
- United Kingdom1.9% · 12,895
- Viet Nam1.8% · 12,115
- Taiwan1.5% · 9,865
- United States of America1.5% · 9,790
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
74
7/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| St Regis Secondary School(Independent) | Elementary | 356 m |
| Point Grey Secondary | Secondary | 688 m |
| Quilchena Elementary | Elementary | 785 m |
| Kerrisdale Elementary | Elementary | 939 m |
| Maple Grove Elementary | Elementary | 981 m |
| Magee Secondary | Secondary | 1.0 km |
| Crofton House(Independent) | K-12 | 1.0 km |
| Kerrisdale Annex | Elementary | 1.1 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Eastbound W 41 Ave @ Balsam St | — | 64 m |
| Westbound W 41 Ave @ Vine St | — | 110 m |
| Westbound W 41 Ave @ Larch St | — | 110 m |
| Eastbound W 41 Ave @ Elm St | — | 139 m |
| Eastbound W 41 Ave @ Yew St | — | 265 m |
Nearby Places
Restaurants (5+)
- Lok's Chinese Restaurant · 2436 West 41st Avenue19 m
- Minerva's · 2411 West 41st Avenue46 m
- Vegan Shoku Japanese Restaurant · 2260 West 41st Avenue175 m
- Kokoro Tokyo Mazesoba · 2285 West 41st Avenue182 m
- Ramen Danbo · 2277 West 41st Avenue197 m
Cafes (5+)
- Cathy's · 5687 Balsam Street77 m
- Legato Cafe · 2248 West 41st Avenue185 m
- Penny Penny Coffee · 2279 West 41st Avenue192 m
- Tim Hortons258 m
- Faubourg · 2184 West 41st Avenue268 m
Grocery (4)
- Konbiniya Japan Centre · 2307 West 41st Avenue139 m
- Asakusa229 m
- Kin's Farm Market · 2215 West 41st Avenue269 m
- Sandy Farm Market · 6007 West Boulevard522 m
Parks (3)
- Elm Park144 m
- Kerrisdale Centennial Park365 m
- Kerrisdale Park622 m
Gyms (4)
- Axe Capoeira Kerrisdale · 5851 West Boulevard391 m
- Unnamed447 m
- Oora Pilates · 6045 West Boulevard544 m
- J. Li Pilates Studio · 2989 West 41st Avenue797 m
Pharmacies (5+)
- Shoppers Drug Mart146 m
- Kerrisdale Pharmacy · 5591 West Boulevard458 m
- Kripps Health Care Rx · 5413 West Boulevard527 m
- London Drugs · 2091 West 42nd Avenue545 m
- Pharmasave · 2048 West 41st Avenue599 m
Banks & ATMs (5+)
- Vancity49 m
- BlueShore Financial · 2326 West 41st Avenue116 m
- CIBC · 2288 West 41st Avenue152 m
- RBC · 2208 West 41st Avenue213 m
- TD · 2198 West 41st Avenue251 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
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Financial Ledger
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Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.