3054 Balfour Ave, Victoria | $850,000

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.

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Description

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.

General Info

MLS Listing ID: 992739 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: N/A Heating: N/A Lotsize: 7800 sqft Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .