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. (id:44056)

Property Details

Full Address:
3054 Balfour Ave, Victoria, British Columbia
Price:
$ 850,000
MLS Number:
992739
List Date:
March 24th, 2025
Lot Size:
7800 sq.ft.
Taxes:
$ 4,012

Interior Features

Building Features

Zoning:
Residential
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 4,012

Floors

Land

Lot Size:
7800 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Mitchel Doherty
Royal LePage Nanaimo Realty LD
Co-Listing: Larry Anderson
Newport Realty Ltd.

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