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$588,000

602 5350 BALSAM STREET

Vancouver BC V6M 4B4 - Kerrisdale
1 bd
1 ba
790 sqft
Built 1970

About This Property

Very spacious, bright and beautiful southwest facing PENTHOUSE in one of the most desirable areas in Vancouver, Kerrisdale! With VIEWS of the ocean and the mountains, this bright VIEW property is perfect for any buyer. This penthouse has huge principle rooms, oversized windows, tons of closet space and a covered balcony. Located in an extremely…

Features

Elevator
Storage
Garden
Balcony
Garage Under Building
Side Access
Shopping Nearby
Room measurements5 rooms
FoyerMain · 4'10 × 9'11
Living RoomMain · 13'8 × 20'0
Dining RoomMain · 7'3 × 9'6
KitchenMain · 5'10 × 8'10
BedroomMain · 12'4 × 13'1

Property Details

MLS NumberR3112045
Property TypeApartment/Condo
Bedrooms1
Bathrooms1
Square Feet790
Year Built1970
Parking Spaces1
HeatingBaseboard, Hot Water
Strata Fee$605.87/mo
StatusClosed
Listed ByMacdonald Realty

School Catchment

Elementary Quilchena
Secondary Point Grey

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,000,000Median home value
$71,000Median household income
36.6%Owner-occupied
5.3%Single-detached homes
1.8Avg household size
53.6Median age
62.4%Bachelor's degree or higher (25-64)
49.4%Commute under 30 min
60.9%Drive to work
51.5%Foreign-born residents
3,098Neighbourhood population

Age

Under 15: 8.2%15 to 64: 57.7%65 and over: 34.1%
  • Under 158.2%
  • 15 to 6457.7%
  • 65 and over34.1%

Household size

  • 1 person49%
  • 232%
  • 310.9%
  • 46.2%
  • 5 or more2.1%

Language spoken at home

50.2% English mother tongue

  • Mandarin14.4%
  • Cantonese8.4%
  • English + other3.4%
  • Spanish2.1%
  • Min Nan1.9%
  • Korean1.5%
  • All others18.1%

Mother tongue, share of 3,100 residents.

How this pocket differs

  • notably more seniors 65+ than Vancouver West 34% vs 16.8%
  • notably fewer 5+ person households than Vancouver West 2% vs 3.5%
  • more Mandarin speakers than Vancouver West 14.4% vs 9.7%
  • more Cantonese speakers than Vancouver West 8.4% vs 6.4%
  • Median household income is lower than Metro Vancouver $71,000 vs $90,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Monthly Cost Calculator

Estimated monthly cost $3,563
Mortgage payment$2,771
Strata fee$606
Property tax$141
Home insurance$45
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Sep 10

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