Calling all investors and developers! Here's an exceptional opportunity aligned with the "Missing Middle Initiative" in Greater Victoria. Unlock the potential to rezone and construct townhouses or explore the option to subdivide and build multiple 4-6 plexus. For an even more extensive development venture, the adjacent property at 3175 Balfour is also available for purchase (MLS 951843). This promising venture features a level 10,800+ sq/ft rectangular lot on Balfour, strategically positioned just five doors in from Burnside Rd. Don't miss out on this prime development site, ideal for a two-lot subdivision or a multi-unit project when combined with 3175 Balfour Ave.
Address
3165 Balfour Ave
List Price
$1,600,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Character
Area
Victoria
Sub-Area
Vi Burnside
Bedrooms
5
Bathrooms
2
Floor Area
1,969 Sq. Ft.
Lot Size
10833 Sq. Ft.
Lot Size (Acres)
0.25 Ac.
Year Built
1912
MLS® Number
951841
Listing Brokerage
eXp Realty
Basement Area
Partially Finished, Walk-Out Access, With Windows
Postal Code
V9A 1R9
Tax Amount
$4,780.00
Tax Year
2023
Features
Aluminum Frames, Baseboard, Eating Area, Electric, F/S/W/D, Forced Air, Laminate, Linoleum, Oil, Stained/Leaded Glass, Storm Window(s), Sump Pump, Wood, Wood Frames
Amenities
Balcony/Patio, Fencing: Partial, Level, Primary Bedroom on Main, Rectangular Lot
