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3175 Balfour Ave, Victoria, BC, V9A 1R9

MLS® # 951846
Commercial For Sale In Burnside, Victoria, British Columbia
$1,600,000
3175 Balfour Ave, Victoria, BC
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ACTIVE
3175 Balfour Ave, Victoria, BC, V9A 1R9
$1,600,000

Property Information:

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 Features:

  • Annual Tax Amount: $4,610
  • Lot Frontage: 10626 Square Feet
  • Lot Size: 10626.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Mixed Use

Courtesy of: eXp Realty

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.

Location of 3175 Balfour Ave, Victoria, BC, V9A 1R9

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

22 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Significant

22 hot days expected in 2050

25/100

Significant

ClimateCheck®

Current data

This property, 3175 Balfour Ave , experiences 7 hot days per year at around 27.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 22 hot days at 30.4 degrees Celsius.

Projected Avg. Temperature

Past
27.5℃
2050
30.4℃

# Hot Days Per Year

Past
7
2050
22

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Exteme

13 storms expected in 2050

86/100

Exteme

ClimateCheck®

Current data

This property, 3175 Balfour Ave , experiences 12 significant 2-day storms per year, with about 494.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 567mm of precipitation per year.

Precipitation Per Storm

Past
494.1mm
2050
567mm

48-Hour Storms Per Year

Past
12
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 3175 Balfour Ave, Victoria, BC, V9A 1R9

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$104,377.44

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.5 %

High school certificate or equivalent

31.49 %

Apprenticeship trade certificate/diploma

7.49 %

College/non-university certificate

19.77 %

University certificate (below bachelor)

1.45 %

University Degree

26.3 %

Commuter

Travel To Work

By Car

63.33 %

By Public Transit

11.18 %

By Walking

13.73 %

By Bicycle

7.71 %

By Other Methods

4.05 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.39 %

Houses

53.61 %

Own Vs. Rent