1516 BALFOUR AVENUE

1516 BALFOUR AVENUE · Vancouver, Shaughnessy · House · 5 bed · 4 bath · $3,680,000 · MLS R3081481

Vancouver, British Columbia · Neighbourhood: Shaughnessy
C$3,680,000
For sale
1516 BALFOUR AVENUE

1516 BALFOUR AVENUE is located in Vancouver (Shaughnessy). Property snapshot: House, 5 bed, 4 bath, listed at $3,680,000, MLS R3081481. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Ca

List Price: $3,680,000
MLS: R3081481
Bedrooms: 5
Bathrooms: 4
Interior Size: 4,088 sqft
Days on Market: -
Days on Site: 138
Deal Score: 50/100
Catchment Schools: Catchment schools include Shaughnessy Elementary, Prince of Wales Secondary

Local Decision Guide

How should buyers evaluate 1516 BALFOUR AVENUE?

Start by reading this listing in its Vancouver Shaughnessy 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.

Vancouver listings should separate R1-1, RS, RT, laneway house and multiplex rules during review. R1-1 is an important low-density housing reform signal, but heritage, trees, underground servicing, parking, corner-lot conditions and existing building condition can all change the practical outcome.

Vancouver R1-1 / RS / RT / laneway quick checklist
  • Confirm whether zoning is R1-1, RS, RT or another district.
  • Review laneway house, multiplex, heritage, tree, parking and servicing rules separately.
  • Do not rely on lot size alone; corner-lot conditions, underground servicing and existing building condition can affect the plan.
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.

Listing FAQ

What is the current list price for 1516 BALFOUR AVENUE?

This page shows a list price of $3,680,000 with MLS R3081481.

What type of home is this Vancouver, Shaughnessy listing?

The page shows House, 5 bed, 4 bath at 1516 BALFOUR AVENUE. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site.

Which catchment schools are associated with 1516 BALFOUR AVENUE?

Catchment schools include Shaughnessy Elementary, Prince of Wales Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

How should Vancouver listings be screened for R1-1, RS, RT, laneway and multiplex risk?

Vancouver listings should be checked against R1-1, RS, RT and other zoning, laneway house rules, multiplex rules, heritage, trees, parking, servicing and permits. Block-level and site-level constraints can change the outcome.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

First Shaughnessy Hidden Gem. An elegant 4088 sf RENOVATED English Tudor on a massive 103.6x120=12432sf level property. This resident was totally renovated in 2015 with mechanicals, new kitchen, baths, draintiles, garage and a finished basement. Large principle rooms on the main, 4 bdrms and 2 baths upstairs and one more bedroom and a rec room in the basement. Central First Shaughnessy location, close to top schools: York House, LFA, Shaughnessy Elem. Short drive to St. George's, Crofton & UBC, DT & YVR. Oil tank was removed in 2015. Lovingly cared for and meticulously maintained, this family home is move-in ready. Showings by appointment only. (id:56153)

Property Details

House
Building Type
5
Bedrooms
4
Bathrooms
1921
Year Built
105 years
Age
138
Days on Site
12,432 sf
Lot Area
4,088 sqft
Interior Size
C$900
Price per Sqft

Transaction: For sale

Lot Frontage: 103 ft ,7 in

Status: active

Listing ID: 29272249 (R3081481)

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The information below is generated by BurnabyHouse.com for your convenience and may not always be accurate. Consult a Realtor to verify.

Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$3,680,000

Lot Area: 12,432 sf

Lot Frontage: 103 ft ,7 in

PID: 007-906-498

Days on Site: 138 days

Added to BurnabyHouse: 2026-03-06

Updated on: 2026-05-20 08:02 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Fraser 2024: #306/1015 · score 6.7 · GIS map
Public · School District 39
4250 Marguerite St, Vancouver, BC
Straight-line distance about 467.1 m
Fraser 2019: #107/251 · score 6.3 · GIS map
Public · School District 39
2250 Eddington Dr, Vancouver, BC
Straight-line distance about 1.5 km
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
About 797.2 m away
3002 Granville Street
About 1 km away
990 West King Edward Avenue, Vancouver
Shopping Centres
About 1 km away
About 1.9 km away
Parks / Green Space
About 369.6 m away
About 549.1 m away

Sold Area Stats

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Includes sold count, median sold price, and median days on market.

BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Wed, 20 May 2026 06:00:56 PM PDT

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