3125 Balfour Ave, Victoria

$869,000

6 Beds
4 Baths
3,000 Sqft
.18 Acres
0 Garages

INVESTOR ALERT! There are 6 bedrooms and 4 bathrooms in this large multi-unit character home. The sun soaked lot is double width for the area and has its own little orchard in the side yard. Possible opportunity for the savvy developer here! It is very centrally located in the up and coming Gorge/Burnside neighborhood and enjoys the benefits of being within the city limits of Victoria. 1.6 km from Tillicum shopping center; 1.2 km from Mayfair shopping center, and; 1.6 km from Uptown mall! The Downtown Core is minutes away as well. The property is on direct bus routes to Uvic and both Camosun campuses, plus Galloping Goose Trail access is just steps away. The current owner has lived in one suite and rented out the rest, or rent them all and enjoy a potential gross ROI of over 8.5%! Financial information available upon request.

Essential Information
MLS® #412729
Price$869,000
Bedrooms6
Bathrooms4.00
Square Footage3,000
Acres0.18
Year Built1913
TypeResidential
Sub-TypeSingle Family Detached
StyleCharacter
StatusCurrent
Community Information
Address3125 Balfour Ave
SubdivisionVi Burnside
CityVictoria
ProvinceBC
Postal CodeV9A 1R9
Amenities
Parking Spaces2
ParkingDriveway
Interior
Interior FeaturesStorage Separate
AppliancesF/S/W/D
HeatingBaseboard
Exterior
ExteriorWood, Stucco
RoofFibreglass Shingle
FoundationConcrete Poured
Exterior Features

Balcony/Deck, Fenced Yard/Part, Patio, Storage Shed, Workshop

Construction

Frame Wood 2x4, Windows Thermo, Concrete Reinforced, Windows Aluminum

School Information
Elementary61 Tillicum
Middle61 Colquitz
High61 Spectrum Comm.
Additional Information
Date ListedJune 25th, 2019
Days on Market20
ZoningResidential
Office

Royal LePage Coast Capital - Oak Bay

Property History
Price Reduced from $899,000 to $869,000
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