$850,000
$850,000
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7,840 Sqft Lot
SOLD DATE : 08/15/2025
Key Details
Sold Price $850,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 992739
Sold Date 08/15/25
Rental Info Unrestricted
Annual Tax Amount $4,012
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Land
Property Description
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.
Location
Province BC
County Out Of Board
Area Vi Burnside
Rooms
Kitchen 0
Exterior
Total Parking Spaces 4
Building
Sewer Sewer To Lot
Water To Lot
Others
Tax ID 005-066-867
Ownership Freehold
Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs
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Bought with Coldwell Banker Oceanside Real Estate
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