Home Vancouver, BC Kerrisdale Kerrisdale Place PH6 5723 Balsam Street

PH6 5723 Balsam St, Vancouver BC - Apartment/Condo for Sale - MLS# R3108880

152 days on the market

$688,000

Est. Mortgage $3,044/mo

Listing updated: Apr 8, 2026 at 06:10pm

EstateBlock checked: Sep 6, 2026 at 05:45am

1 Beds

1 Baths

785 sqft

876 $ /sqft

665.68 $ Maint. fee

1996 built

152 days on the market

$688,000

Est. $3,044/mo with 20% down

Listing updated: Apr 8, 2026 at 06:10pm

EstateBlock checked: Sep 6, 2026 at 05:45am

Photos

Exterior Front Photo of PH6 5723 Balsam Street, Vancouver, BC

Exterior Rear Photo of PH6 5723 Balsam Street, Vancouver, BC

Living Room Photo of PH6 5723 Balsam Street, Vancouver, BC

Family Room Photo of PH6 5723 Balsam Street, Vancouver, BC

Dining Area Photo of PH6 5723 Balsam Street, Vancouver, BC

Kitchen Photo of PH6 5723 Balsam Street, Vancouver, BC

Kitchen Island Photo of PH6 5723 Balsam Street, Vancouver, BC

Pantry Photo of PH6 5723 Balsam Street, Vancouver, BC

Breakfast Nook Photo of PH6 5723 Balsam Street, Vancouver, BC

Primary Bedroom Photo of PH6 5723 Balsam Street, Vancouver, BC

"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 sq 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

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Elevator, Storage
Fireplace	1
Heating Type	Baseboard, Electric
Laundry	In Unit
# of Kitchens	1
Flooring	Laminate, Tile
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
View Description	mountain view
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$688,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	785
Year Built	1996
Age Of Building	30
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Penthouse
Stories	1
Building Amenities	Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal
Ownership Type	Freehold Strata
Maintenance Fee	$665.68
Amenities Nearby	Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Yes With Restrictions
Rental Suites	None

Lot & Land

MLS^® #	R3108880
Area	Vancouver West
Neighbourhood	Kerrisdale
City	Vancouver
Postal Code	V6M 4B8
Gross Taxes	$2,042.47

Property Timeline

Status	Date	Price
R3108880 / Active	04-07-2026	$688,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12' x 12' ft
Main Level	Dining Room	7' x 7' ft
Main Level	Kitchen	7' x 7' ft
Main Level	Bedroom	9' x 9' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: Royal Pacific Realty Corp.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Secondary
Magee Secondary School: 0.95 km
Elementary
Maple Grove Elementary School: Above Average 0.98 km 8.6/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Crofton House: 1.12 km
Elementary, Secondary
Crofton House: 1.12 km

Closest Transit

Bus Stop
Eastbound W 41 Ave @ Balsam St: 0.06 km
Skytrain
Skytrain @ Oakridge-41St Stn: 3.31 km

Crime Rate

Total Crime Rate: Average
Violent Crime Rate: Below Average
Property Crime Rate: Above Average

Demographics

Post-Secondary Education: Above Average 48.2%
No Certificate/Degree: Below Average 8.6%
Owner Occupied: Below Average 37.8%
Employment Rate: Average 63.2%

Noise/ Power Lines

Road/Hwy Noise: Possible
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

62 / 100

Overall sell-speed score

Moderate pace expected

B+

Price competition grade

Avg comparable: $753,360

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 3.31 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How KERRISDALE compares

This property

152 DOM

Slower than area

Kerrisdale avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

PH6 5723 Balsam Street has a sell-speed score of 62/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 9.5% below comparable active properties in Kerrisdale, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 16.1% and an area average of 49 days on market — conditions are balanced. With only 1245 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V6M 4B8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6M 4B8, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Vancouver International Airport #2, Richmond (~5.4 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Shopping (38 nearby)

Bernie beauty salon · 17 m · Beauty Shop
Blueshore financial · 116 m · Bank
Shoppers drug mart · 146 m · Pharmacy

Restaurants (35 nearby)

Jin jiang japanese restaurant · 19 m · Restaurant
Lok's chinese restaurant · 19 m · Restaurant
Minerva · 45 m · Restaurant

Groceries (13 nearby)

Saint germain bakery · 104 m · Bakery
Konbiniya japan centre · 138 m · Supermarket
Kin's farm market · 268 m · Supermarket

Cafes (12 nearby)

Grandmama's cafe · 77 m · Cafe
Legato cafe · 184 m · Cafe
Tim hortons · 257 m · Cafe

Healthcare (5 nearby)

Shoppers drug mart · 146 m · Healthcare
Kerrisdale pharmacy · 457 m · Healthcare
Kripps health care rx · 526 m · Healthcare

Gyms (1 nearby)

Kerrisdale community centre · 400 m · Gym

Transit (1 nearby)

Bus stop eastbound w 49 ave @ east blvd · 990 m · Transit

Schools NearBy

24 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Point Grey Secondary	Public	Grades Served —	Catchment Info —	8.2 / 10	Distance 686 m
Dr. George M. Weir Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 708 m
Point Grey Secondary School	Public	Grades Served 8-12	Catchment Info —	8.2 / 10	Distance 721 m
Quilchena Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 836 m
Kerrisdale Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 936 m
Magee Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	7.6 / 10	Distance 950 m
Maple Grove Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.7 / 10	Distance 979 m
Crofton House	Independent	Grades Served K-12	Catchment Info —	9.5 / 10	Distance 1.12 KM
Prince of Wales Secondary School	Public	Grades Served 8-12	Catchment Info —	8.4 / 10	Distance 1.27 KM
Trafalgar Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.71 KM
Vancouver College	Independent	Grades Served K-12	Catchment Info —	8.6 / 10	Distance 1.88 KM
Dr. R. E. McKechnie Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.97 KM
Shaughnessy Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.04 KM
Little Flower Academy	Independent	Grades Served 8-12	Catchment Info —	10.0 / 10	Distance 2.10 KM
Sir William Osler Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.12 KM
York House School	Independent	Grades Served K-12	Catchment Info —	9.3 / 10	Distance 2.21 KM
Lord Kitchener Elementary School	Public	Grades Served K-7	Catchment Info —	8.2 / 10	Distance 2.29 KM
Carnarvon Community Elementary	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.63 KM
Southlands Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 2.64 KM
King David High School	Independent	Grades Served 8-12	Catchment Info —	7.8 / 10	Distance 2.79 KM
Rose-des-vents	Public	Grades Served —	Catchment Info —	7.5 / 10	Distance 2.81 KM
Secondaire Jules-Verne	Public	Grades Served —	Catchment Info —	7.5 / 10	Distance 2.85 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	0	Distance 2.92 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.96 KM

Pre-computed routes from PH6 5723 Balsam St, Vancouver, BC

PH6 5723 Balsam St, Vancouver, BC Oakridge-41st 3.3 km

55 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Oakridge-41st → Waterfront
55 min
Metrotown, Burnaby via Oakridge-41st → Metrotown
73 min
SFU Burnaby via Oakridge-41st → Production Way
80 min
Richmond Centre via Oakridge-41st → Brighouse
56 min
YVR Airport via Oakridge-41st → YVR-Airport
57 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
8 min
Metrotown, Burnaby via Lougheed Hwy
14 min
SFU Burnaby via Gaglardi Way
21 min
Richmond Centre via No. 3 Rd
9 min
YVR Airport via Bridgeport / Sea Island
6 min

Calculate your commute

PH6 5723 Balsam St, Vancouver, BC is ideally located for commuters. The property is 3.3 km from Oakridge-41st, with a 55 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound W 41 Ave @ Balsam St (0.06 km). Walk Score Transit rating: Good Transit (60/100).

Walkability & Transit Near PH6 5723 Balsam Street

Car-Dependent 96

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 60

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 85

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — PH6 5723 Balsam Street

2026 assessed value, sourced from City of Vancouver open data (PID 023-530-944).

Total Assessed Value (2026)

$676,000

+3.2% YoY

+1.6%/yr over 4 yr

2022 Value Trend 2026

Land

$547,000

Buildings

$129,000

Year Built

1996

Class

Commercial

Zoning

C-2

Property Tax

$2,274

Year	Land	Improvements	Total Assessed	YOY Change
2026	$547,000	$129,000	$676,000	+3.2%
2025	$530,000	$125,000	$655,000	-0.3%
2024	$531,000	$126,000	$657,000	+3.6%
2023	$513,000	$121,000	$634,000	+0.0%
2022	$494,000	$140,000	$634,000	—

Mortgage Calculator for PH6 5723 Balsam Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $170

Maintenance fee 0

With a 20% down payment, buyers can expect an estimated $3,464/month in total housing costs on this $688,000 property — $2,628 mortgage payment, $170 property tax, $666 maintenance fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Listing data last synced: Apr 8, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

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/month

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Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $2,418/month estimated rent and $3,520/month in total housing costs, this property has a -$1,102/month cashflow. Break-even down payment: approximately 54%.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for PH6 5723 Balsam Street, Vancouver

Buy Vs Rent Calculator

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.