3141 Balfour Ave
Victoria, BC V9A1R9
$749,800
Property Details
Property & Lot
- Lot size
- 7,488 square feet
- Zoning
- Multi-Family
GRD-1
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $4,292.12
Interior
- Fireplace
- None
Parking
- Total spaces
- 4
Listing Information
- MLS®
- 1043474
- Listed
- July 16, 2026
- Time on market
- On the market for 46 days
- Data last synced
- August 28, 2026
Listing provided by: Sutton Group West Coast Realty · Data source: CREA DDF.
Description
3141 Balfour Ave ~BUILDING LOT ~ $749,800 + Gst ~ 7,488 Sqft level panhandle lot located in a quiet pocket between Gorge & Burnside, within easy walking distance to Uptown, Mayfair and a 15-minute walk to downtown. Bus route 8-houses away. Zoning allows a variety of uses including Small-Scale Multi-Unit Housing, Triplex, Duplex w/Suites, or Single Family w/ or w/o Suite. Water/Sewer/Storm have been brought down the driveway to the site. Zoning is GRD-1, allowing up to 1.6 FAR for buildings with 3-Units or more. Otherwise the density is 0.5 FAR. Contact Mikko for info package mikko@sutton.com (id:63159)
Location Insights
Weather
16°C
Mainly Clear
Humidity 73%
Wind S 6 km/h
Tonight
12°
Tuesday
19°
Tuesday night
13°
Wednesday
15°
Wednesday night
11°
Thursday
15°
Source: Environment and Climate Change Canada.
Population
91,867
(2021 Census)
+7.1% since 2016
Density: 4,723.2/km²
Dwellings: 53,070
Median household income: $67,500
After-tax: $60,000
Immigrant population: 20%
Top countries of origin (% of total population)
- United Kingdom3.8% · 3,505
- United States of America2.1% · 1,945
- Philippines2% · 1,845
- China1.2% · 1,110
- India0.7% · 650
- Germany0.6% · 590
- Korea, South0.4% · 400
- Netherlands0.3% · 315
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
41
6/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| SJ Burnside Education Centre | Secondary | 651 m |
| Selkirk Montessori School(Independent) | Elementary/Middle | 738 m |
| Tillicum Community School | Elementary | 963 m |
| Victoria West Elementary | Elementary | 1.4 km |
| Esquimalt High School | Secondary | 1.5 km |
| Colquitz Middle School | Elementary | 1.7 km |
| Ecole Quadra Elementary | Elementary | 1.7 km |
| Cloverdale Traditional Elementary | Elementary | 1.9 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Restaurants (5+)
- Persian Grill House · 110 Burnside Road East312 m
- Kuku's · 24 Burnside Road West386 m
- Hecklers Bar & Grill · 123 Gorge Road East462 m
- Floyd's Diner509 m
- Brady's Fish & Chips523 m
Cafes (3)
- The Rebel Garage327 m
- Starbucks · 3180 Douglas Street788 m
- Selkirk Cafe · 2960 Jutland Road792 m
Grocery (1)
- Unnamed456 m
Parks (5+)
- Qu'appelle Park385 m
- Cecelia Ravine Park · 475 Burnside Road East400 m
- Rudd Park469 m
- Arbutus Park · 2925 Washington Avenue545 m
- Cecelia Ravine Dog Park617 m
Pharmacies (1)
- Forbes IDA Pharmacy575 m
Banks & ATMs (1)
- Scotiabank367 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.7% ($49,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.