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.
Address
3054 Balfour Ave
List Price
$850,000
Property Type
Residential
Type of Dwelling
Land
Area
Victoria
Sub-Area
Vi Burnside
Lot Size
7800 Sq. Ft.
Lot Size (Acres)
0.18 Ac.
MLS® Number
992739
Listing Brokerage
Royal LePage Nanaimo Realty LD
| Newport Realty Ltd.
Postal Code
V9A 1R8
Tax Amount
$4,012.00
Tax Year
2024
