3176 Balfour Ave

Victoria, British Columbia
C$799,900

Local Decision Guide

How should buyers evaluate 3176 Balfour Ave?

Start by reading this listing in its Victoria context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

For sale
3176 Balfour Ave

Remarks

Investor Alert! 3 suites producing at market rents and some of the best returns in the City! This fantastic investment property is located near all amenities and transit, making it an ideal home for prospective tenants. All suites currently rented to great tenants. The ground level contains a one bedroom plus den suite and a separate one-bedroom suite. A large 2 bedroom and 2-bathroom suite covers the upper level with a large walk out balcony. Recent upgrades include new countertops and integral sinks. There is also a new high efficiency condensing combination gas boiler supplying on demand hot water and in-floor hydronic heating. Along with having a double wide driveway with ample parking, the property is within walking distance of the Tillicum Shopping Centre and the Gorge Waterway and is very central to other amenities throughout Victoria including bus routes to UVIC and access to the Galloping Goose for cyclists. Reach out today to book your private viewing! (id:56153)

Property Details

Duplex
Building Type
4
Bedrooms
4
Bathrooms
1994
Year Built
32 years
Age
5
Days on Site
1,987 sqft
Interior Size
C$403
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29829429 (1038767)

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Site Context

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Property Summary

Price: C$799,900

PID: 019-033-672

Days on Site: 5 days

Added to BurnabyHouse: 2026-05-30

Updated on: 2026-05-30 12:00 PM PDT

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Lot info

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Schools

Nearby Private Schools
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Nearby Points of Interest

Grocery / Food Access
Whole Foods Market
About 1 km away
3587 Blanshard Street
Lifestyle Markets Health Foods
About 1.1 km away
2950 Douglas Street
Shopping Centres
Uptown
About 975 m away
Mayfair Shopping Centre
About 975.8 m away
3147 Douglas Street

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Sat, 30 May 2026 10:29:52 AM PDT

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