The Victoria Real Estate Team from NAI Commercial is proud to present an incredible development opportunity in Victoria BC. 3145 Balfour Avenue is a single family detached home situated on a sprawling 11,632 square foot lot. There is a development permit approved to subdivide into two separate properties. The front lot will retain the updated 1960’s home and the rear lot has a beautiful 6 bedroom, 4 bathroom home designed. 

 

As you enter the existing home, you will immediately notice the charm and character retained from the 60’s, including the coved ceilings, original wood burning fireplace and oak hardwood floors. These floors are pristine, indicative of how well maintained and loved this home has been over the years. The kitchen windows and roof have been updated in recent years and a brand new furnace and heat pump were just installed this year. The main floor has 3 bedrooms and an updated bathroom. 

 

Downstairs is laundry and a den or fourth bedroom. There is also a huge recreation room and full bathroom that can easily be converted into a suite, further increasing the opportunity this property has to offer. 

 

So much more value can be added to this home by the right person. Don’t miss this rare chance to pick up a lucrative project with little to no competition in the area. Contact your realtor or the Victoria Real Estate Team for more details.