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3175 Balfour Ave
Vi Burnside Victoria V9A 1R9

$1,600,000
Commercial Sale

Main Photo: 3175 Balfour Ave in Victoria: Vi Burnside Mixed Use for sale : MLS®# 951846
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
951846
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 3165 Balfour is also available for purchase (MLS 951841). 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 3165 Balfour Ave.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Burnside, Victoria
Bathrooms:
- (Full:-/Half:-)
Lot Size:
10,626 sq. ft.
Taxes:
Ceiling Heights:
Commercial Area:
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:
Occupancy:
Owner
Parking Features:
On Site
Total Units:
Date Listed:
Feb 09, 2024
Original Price:
1600000.0
  • Photo 1: 3175 Balfour Ave in Victoria: Vi Burnside Mixed Use for sale : MLS®# 951846
    Photo 1 of 1
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Listed by eXp Realty
Data was last updated December 23, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
69
Avg list price:
$798,150
Min list price:
$16
Max list price:
$6,000,000
Avg days on market:
125
Min days on market:
4
Max days on market:
707
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations.
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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.
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.