29.8% price reduction

6615 Balsam St, Vancouver, BC

$12,500,000
Est. Mortgage /mo

MLS® R2896849

7 Beds
8 Baths
6912 sqft
1808 $ /sqft
2024 Built
$12,500,000
$17,800,000
Est. /mo with 20% down
$1,808/sqft · Tax $23,299/2024
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

29.8% price reduction

HUGH LOT 11,817 SQFT, the Arbutus Residence stands as a timeless testament to meticulous design & unparalleled comfort. This elegant 7,282 SQFT European Italian-style. Featuring 7 beds 8 baths, the 3 levels home boasts a grand 20' high foyer with soaring ceilings. Open living areas seamlessly connect to a top-brand appliance-equipped Gaggenau kitchen, leading to a private garden and outdoor swimming pool. Smart home system and private elevator. A swimming pool, spacious recreation room, a stunning home theater, advanced audio, sauna & GYM. Steps away from Maple Grove Park and Kerrisdale's amenities, Magee Secondary, Maple Grove Elementary, close to Crofton House & St. Georges private schools, UBC & 5 Golf Courses. Age of building as per occupancy permit date.

General Info

Price $12,500,000
Total Bedrooms 7
Total Bathrooms 7
Half Bathrooms 1
Floor Area Total (sqft) 6912
Lot Size 11817
Lot Size Depth Feet
Lot Size Frontage 48.7
Basement Full
Basement Features -

Property Metrics

Year Built 2024
Age Of Building 2
Building Type Single Family Residence
Property Type Residential
Architecture Style Laneway House
Stories 2
Building Features -
Structures Residential Detached

Additional Details

MLS® # R2896849
Building Name -
Area Vancouver West
Neighbourhood S.W. Marine
City Vancouver
Postal Code V6P 5W8
Price per Sqft $1,808
Gross Taxes $23,298.6
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Radiant

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double
Total Parking Spaces -
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.

Neighborhood & Transit Info

Public Schools

Secondary
Magee Secondary School
0.82 km
Elementary
Maple Grove Elementary School
Above Average
0.94 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
1.45 km
Elementary, Secondary
Crofton House
1.45 km

Closest Transit

Bus Stop
Eastbound W 49 Ave @ Balsam St
0.15 km
Skytrain
Skytrain @ Langara-49Th Stn
3.30 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
45.8%
No Certificate/Degree
Below Average
10.8%
Owner Occupied
Below Average
42.3%
Employment Rate
Above Average
68.8%

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $1,942
Maintenance fee 0
A 20% down payment of $2,500,000 on this $12,500,000 listing yields an estimated mortgage of $47,742/month (30-year fixed, 4%). Total estimated housing cost: $49,684/month, $1,942 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $25,000/month in estimated rental income against $50,308/month in mortgage payments, the monthly cashflow is -$25,308/month. A 63% down payment would reach break-even.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $12,500,000
Vancouver Loading...
S.W. Marine Loading...
No active comparables are currently available for this property type in Vancouver. Pricing context may be limited at this time. This property is flagged as a Hot Deal (29.8% price reduction) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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