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
Listing General Location:
Vi Burnside, Victoria
Bedrooms:
0
Bathrooms:
0.0
(Full:-/Half:-)
Lot Size:
7,800 sq. ft.725 m2
Kitchens:
0
# 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
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Victoria
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
Date Listed:
Mar 24, 2025
Original Price:
850000.0
Bird's eye view
Birds eye view of property featuring a residential view and a mountain view
Birds eye view of property with a residential view and a mountain view
Birds eye view of property with a mountain view and a residential view
Drone / aerial view
Bird's eye view with a residential view
Drone / aerial view featuring a residential view
Drone / aerial view with a residential view
Aerial view
Bird's eye view with a water view
Aerial view featuring a water and mountain view
Aerial view featuring a mountain view and a residential view
Listed by Royal LePage Nanaimo Realty LD and Newport Realty Ltd.
Data was last updated April 24, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$850,000
Min list price:
$332,000
Max list price:
$3,995,000
Avg days on market:
42
Min days on market:
1
Max days on market:
440
Avg price per sq.ft.:
$606.37
These statistics are generated based on the current listing's property type
and located in
Vi Burnside. Average values are
derived using median calculations.