- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 992739
- Photos (12)
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Prime development opportunity in Victoria’s Burnside neighborhood. 3054 Balfour Ave is a bare lot zoned R1-B and eligible under Schedule P (Missing Middle Housing), allowing for multi-unit development such as a houseplex (3–6 units) or a single-family home with a secondary suite. Schedule P offers flexible guidelines and relaxed parking requirements, making this ideal for infill developers. Centrally located just minutes to downtown, with easy access to transit, parks, and the Galloping Goose Trail. No teardown means you can move straight into planning. A rare chance to build in a transitioning neighborhood focused on housing diversity and smart density. Buyers to verify all development potential with the City of Victoria.
- Property Type:
- Residential
- Type:
- Land
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
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- Listing General Location:
- Vi Burnside, Victoria
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Size:
- 7,800 sq. ft.
- Kitchens:
- 0
- Taxes:
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- Ceiling Heights:
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- Commercial Area:
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- # Bedrooms or Dens Total:
- 0
- # Main Level Bedrooms:
- 0
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 0
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 0
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Water supply:
- To Lot
- Sewer:
- Sewer To Lot
- Fireplace:
- No
- Pending Date:
- Signup
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- City of Victoria
- Legal Description:
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- Units in Building:
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- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 0
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Total Parking Spaces:
- 4
- Total Units:
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- Date Listed:
- Mar 24, 2025
- Original Price:
- 850000.0
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Bird's eye view -
Birds eye view of property featuring a residential view and a mountain view
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Birds eye view of property with a residential view and a mountain view
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Birds eye view of property with a mountain view and a residential view
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Drone / aerial view
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Bird's eye view with a residential view
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Drone / aerial view featuring a residential view
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Drone / aerial view with a residential view
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Aerial view
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Bird's eye view with a water view
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Aerial view featuring a water and mountain view
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Aerial view featuring a mountain view and a residential view
Virtual Tour
Listed by Royal LePage Nanaimo Realty LD and Newport Realty Ltd.
Data was last updated March 26, 2025 at 06:05 AM (UTC)
Area Statistics
- Listings on market:
- 28
- Avg list price:
- $704,450
- Min list price:
- $332,000
- Max list price:
- $3,995,000
- Avg days on market:
- 37
- Min days on market:
- 2
- Max days on market:
- 411
- Avg price per sq.ft.:
- $646.86
These statistics are generated based on the current listing's property type
and located in
Vi Burnside. Average values are
derived using median calculations.
- The Preferred Homes Team
- RE/MAX Camosun
- 250.220.5061
- info@preferredhomes.ca
RE/MAX Camosun
1-4440 Chatterton Way, Victoria, BC V8X 5J2
