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 |
| 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 |