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Saanich Homes and Real Estate for Sale

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3054 Balfour Ave
Vi Burnside Victoria V9A 1R8

$850,000
Residential beds: 0 baths: 0.0

Bird's eye view
Photo 1: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
Photo 2: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
Photo 3: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
Photo 4: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
Photo 5: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
Photo 6: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
Photo 7: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
Photo 8: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
Photo 9: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
Photo 10: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
Photo 11: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
Photo 12: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
Status:
Active
Prop. Type:
Residential
MLS® Num:
992739
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
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Burnside, Victoria
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
7,800 sq. ft.
Kitchens:
0
Taxes:
Ceiling Heights:
Commercial Area:
# 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
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Units in Building:
Units in Community:
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
Total Units:
Date Listed:
Mar 24, 2025
Original Price:
850000.0
  • Photo 1: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
    Bird's eye view
  • Photo 2: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
    Birds eye view of property featuring a residential view and a mountain view
  • Photo 3: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
    Birds eye view of property with a residential view and a mountain view
  • Photo 4: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
    Birds eye view of property with a mountain view and a residential view
  • Photo 5: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
    Drone / aerial view
  • Photo 6: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
    Bird's eye view with a residential view
  • Photo 7: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
    Drone / aerial view featuring a residential view
  • Photo 8: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
    Drone / aerial view with a residential view
  • Photo 9: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
    Aerial view
  • Photo 10: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
    Bird's eye view with a water view
  • Photo 11: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
    Aerial view featuring a water and mountain view
  • Photo 12: 3054 Balfour Ave in Victoria: Vi Burnside Land for sale : MLS®# 992739
    Aerial view featuring a mountain view and a residential view

Virtual Tour

Listed by Royal LePage Nanaimo Realty LD and Newport Realty Ltd.
Data was last updated March 29, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$704,450
Min list price:
$332,000
Max list price:
$3,995,000
Avg days on market:
35
Min days on market:
1
Max days on market:
413
Avg price per sq.ft.:
$646.86
These statistics are generated based on the current listing's property type and located in Vi Burnside. Average values are derived using median calculations.

Find Saanich Homes and Real Estate for Sale in Victoria BC

Saanich, British Columbia, is a beautiful and diverse region located on the southern tip of Vancouver Island. It is one of the most sought-after places to live in Canada, with a strong economy, excellent schools, and a thriving real estate market. In this blog post, we will explore why people should consider buying a home or real estate in Saanich, BC.

  1. Strong Economy

Saanich has a robust economy that is growing at a steady pace. The region is home to a diverse mix of industries, including technology, healthcare, education, and tourism. The University of Victoria is located in Saanich, providing a wealth of opportunities for students, researchers, and entrepreneurs. The tech industry, in particular, is booming in Saanich, with many startups and established companies choosing to set up shop in the region.

This strong economy means that there are plenty of job opportunities in Saanich, which is a crucial factor for people looking to buy a home. A healthy job market can help ensure that homeowners can make their mortgage payments and maintain their properties over the long term.

  1. Excellent Schools

Saanich is home to some of the best schools in Canada, making it an attractive destination for families with children. The region has an extensive public school system, as well as several private schools and specialized programs for students with unique learning needs. Additionally, the University of Victoria is located in Saanich, providing a top-tier post-secondary education for students.

Investing in a home in Saanich is an investment in your children's education. High-quality schools can increase property values and provide a stable and supportive environment for families.

  1. Thriving Real Estate Market

Saanich's real estate market is thriving, with steady growth in property values over the past decade. The region's desirable location, strong economy, and excellent schools make it a popular destination for people looking to buy a home. There are many different types of properties available in Saanich, from single-family homes to condos, townhouses, and apartments.

Investing in real estate in Saanich can be a smart financial decision, as property values have historically increased over time. Additionally, owning a home provides stability and security, allowing homeowners to build equity and invest in their future.

  1. Natural Beauty and Outdoor Recreation

Saanich is a nature lover's paradise, with miles of coastline, parks, and trails to explore. The region is home to several regional parks, including Elk/Beaver Lake Regional Park, Mount Douglas Park, and Island View Beach Regional Park. These parks offer a variety of outdoor activities, including hiking, biking, swimming, and fishing.

Living in Saanich allows homeowners to enjoy a healthy and active lifestyle, with easy access to outdoor recreation. Additionally, the natural beauty of the region can increase property values, making it a wise investment for those looking to buy real estate.

  1. Cultural Diversity

Saanich is a culturally diverse region, with a rich history and vibrant community. The region has a large Indigenous population, and the Songhees and Esquimalt Nations have traditional territories in Saanich. Additionally, the region has a thriving arts and culture scene, with many festivals, galleries, and performance spaces.

Buying a home in Saanich allows homeowners to be part of a diverse and inclusive community, where different cultures are celebrated and embraced. This can create a sense of belonging and community that is hard to find in other areas.

Conclusion

There are many reasons why people should consider buying a home or real estate in Saanich, BC. The region's strong economy, excellent schools, thriving real estate market, natural beauty, and cultural diversity make it an attractive destination for people from all walks of life. If you are looking to invest in real estate

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.