1516 Balfour Ave, Vancouver BC - Single Family Residence for Sale - MLS# R3081481

$3,680,000
Est. Mortgage $16,280/mo
5 Beds
4 Baths
4088 sqft
900 $ /sqft
1921 built
$3,680,000
Est. $16,280/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 1516 Balfour Avenue

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.

Interior Features

Basement Finished Area (sqft) 911
Basement Features Full
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Hot Water, Radiant
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Roof Wood
Structures Residential Detached

Building Details

Price $3,680,000
Total Bedrooms 5
Total Bathrooms 4
Full Bathrooms 2
Half Bathrooms 2
Floor Area Total (sqft) 4088
Year Built 1921
Age Of Building 105
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Garage Double, Lane Access, Side Access
Total Parking Spaces 2

Lot & Land

Lot Size 12432
Lot Size Depth Feet
Lot Size Frontage 103.6
MLS® # R3081481
Area Vancouver West
Neighbourhood Shaughnessy
City Vancouver
Postal Code V6J 2T9
Gross Taxes $16,417
Zoning FSD

Property Timeline

Status Date Price
R3081481 / Active 01-19-2026 $3,680,000
Rooms
Floor Type Dimensions
Main Level Living Room 17'11 x 17'11 ft
Main Level Dining Room 14'4 x 14'4 ft
Main Level Kitchen 11'1 x 11'1 ft
Main Level Solarium 17' x 17' ft
Above Level Primary Bedroom 18'3 x 18'3 ft
Above Level Bedroom 11' x 11' ft
Above Level Bedroom 15'1 x 15'1 ft
Above Level Bedroom 10'10 x 10'10 ft
Basement Level Recreation Room 16'1 x 16'1 ft
Basement Level Den 9'9 x 9'9 ft
Basement Level Bedroom 14'2 x 14'2 ft
Basement Level Laundry 15'11 x 15'11 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #4
Above Level No #4
Basement No #2

Listed by: Sutton Group-West Coast Realty & Sutton Group-West Coast Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Secondary
Prince of Wales Secondary School
1.49 km
Elementary
Shaughnessy Elementary School
Above Average
0.47 km
7.2/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
York House School
Above Average
0.32 km
10/10
Elementary, Secondary
York House School
Above Average
0.32 km
10/10

Closest Transit

Bus Stop
Northbound Granville St @ Balfour Ave
0.08 km
Skytrain
Skytrain @ King Edward Stn
1.78 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
52.4%
No Certificate/Degree
Below Average
9.8%
Owner Occupied
Below Average
36.2%
Employment Rate
Above Average
67.9%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

50 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $3,680,000
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.78 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SHAUGHNESSY compares
This property
171 DOM
Listed
Shaughnessy avg
Vancouver avg

1516 Balfour Avenue has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced in line with comparable active properties in Shaughnessy. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V6J 2T9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6J 2T9, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~4.6 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 1516 Balfour Avenue

Pre-computed routes from 1516 Balfour Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via King Edward → Waterfront
    33 min
  • Metrotown, Burnaby via King Edward → Metrotown
    51 min
  • SFU Burnaby via King Edward → Production Way
    58 min
  • Richmond Centre via King Edward → Brighouse
    40 min
  • YVR Airport via King Edward → YVR-Airport
    41 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    5 min
  • Metrotown, Burnaby via Lougheed Hwy
    12 min
  • SFU Burnaby via Gaglardi Way
    19 min
  • Richmond Centre via No. 3 Rd
    11 min
  • YVR Airport via Bridgeport / Sea Island
    8 min

Calculate your commute

1516 Balfour Ave, Vancouver, BC is ideally located for commuters. The property is 1.8 km from King Edward, with a 33 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Granville St @ Balfour Ave (0.08 km). Walk Score Transit rating: Good Transit (54/100).

Walkability & Transit Near 1516 Balfour Avenue

Walk Score Badge
Car-Dependent 73

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 54

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
79

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 1516 Balfour Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 007-906-498).
Total Assessed Value (2026)
$3,500,000
-9.8% YoY
+0.9%/yr over 4 yr
2022 Value Trend 2026
Land
$3,356,000
Buildings
$144,000
Year Built
1921
Class
Comprehensive Development
Zoning
FSD
Property Tax
$15,402
Year Land Improvements Total Assessed YOY Change
2026 $3,356,000 $144,000 $3,500,000
-9.8%
2025 $3,726,000 $155,000 $3,881,000
+2.0%
2024 $3,635,000 $170,000 $3,805,000
+2.9%
2023 $3,518,000 $178,000 $3,696,000
+9.4%
2022 $3,192,000 $185,000 $3,377,000

Mortgage Calculator for 1516 Balfour Avenue

/month
Principal & Interest
Property Taxes $1,368
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $15,423/month in total housing costs on this $3,680,000 property — $14,055 mortgage payment, $1,368 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $8,041/month estimated rent and $15,691/month in total housing costs, this property has a -$7,650/month cashflow. Break-even down payment: approximately 64%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Shaughnessy, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $3,680,000
Vancouver Loading...
Shaughnessy Loading...

Based on 7 comparable active Single Family Residences in Shaughnessy, the average asking price is $5,058,333. This listing is priced 27.2% below the neighbourhood average.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 1516 Balfour Avenue

Walk Score Badge
Car-Dependent 73

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 54

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
79

Bike Score - Very Bikeable

Biking is convenient for most trips

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