Kerrisdale 18-unit rental building sells for $388,888 per suite
Cushman &Wakefield
Western Investor
Built-in 1964, the multi-family rental on a 12,432 square foot corner lot in an affluent Vancouver neighbourhood sold for $7 million.
Property type: Multi-family rental
Location: 5940 Balsam Street, Vancouver
Number of units: 18
Size of land: 12,432 square feet
Land size in acres: 0.28 acres
Sale price: $7 million
Date of sale: January 12, 2021
Brokerage: Cushman & Wakefield, Vancouver
Brokers: Don Duncan and David Venance.
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