Ph1 5723 Balsam Street — Vancouver West


$ 999,800 FOR SALE MLS# R2901802
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"Kerrisdale Place" is situated in the prime location of Kerrisdale, Vancouver Westside. This southeast-facing penthouse unit boasts 2 bedrooms plus a den, spanning 1062 sqft. With a spacious layout and two large skylights, the interior is bathed in natural light, complemented by a private rooftop terrace. The property includes 2 side by side parking spaces in a secure underground garage, along with a storage locker and bicycle storage room. Easy access to transportation and shopping amenities, including banks, shops, restaurants, parks, and community centers within walking distance. Within a few minutes' drive, prestigious private schools, UBC, the airport, and downtown Vancouver. Maple Grove Elementary and Magee Secondary school catchments.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms2
Bathrooms2
Living Area1,062 sqft
Property TypeResidential – Apartment/Condo
StylePenthouse
MLS® R2901802
StatusTerminated
Listing BrokerRoyal Pacific Realty Corp.

Property History

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

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Market Overview

Kerrisdale · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos72
Median Asking Price $ 1,192,000 $ 999,800
Median Price per SqFt $1,131 $941
Median Days on Market 655
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 0 ▼100.0% 0 4
Median Selling Price ▼100.0% $ 902,500
Median Price per SqFt ▼100.0% $878
Median Days on Market 15
Median Discount Off Ask 1.7%
New Listings 763
Months of Inventory 33.2

At the current sales pace, it would take about 33 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

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.