Ph6 5723 Balsam Street — Vancouver West


$ 688,000 FOR SALE MLS# R3108880
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"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
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area785 sqft
Property TypeResidential – Apartment/Condo
StylePenthouse
MLS® R3108880
StatusActive
Listing BrokerRoyal Pacific Realty Corp.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed

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Market Overview

Kerrisdale · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos31
Median Asking Price $ 999,000 $ 688,000
Median Price per SqFt $918 $876
Median Days on Market 68
Sold Properties Sep 2026Aug 2026Sep 2025
Condos 1 ▼90.0% 5 10
Median Selling Price $ 1,500,000 ▲54.3% $ 1,375,000 $ 972,000
Median Price per SqFt $1,041 ▲13.9% $1,217 $914
Median Days on Market 84327
Median Discount Off Ask 3.2%8.3%4.1%
New Listings 1612
Months of Inventory 7.2

At the current sales pace, it would take about 7 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Kerrisdale: Number of Sales

Kerrisdale: Median Sold Price

Kerrisdale: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Kerrisdale. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.