By car (off-peak)
Sold
1658 W 28th Avenue, Vancouver, BC
5
Beds
4
Baths
4044
sqft
1925
built
1516 Balfour Ave, Vancouver BC – House for Sale – MLS® R3152322
1516 Balfour Avenue, Vancouver, British Columbia V6J 2T9
82 days on the market
$3,680,000
Est. Mortgage $16,280/mo
Listing updated:
EstateBlock checked:
5
Beds
4
Baths
4088
sqft
900
$
/sqft
1921
built
28.9% cheaper than comps
Photos
Property Details for 1516 Balfour Avenue
28.9% cheaper than comps
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® # | R3152322 |
| Area | Vancouver West |
| Neighbourhood | Shaughnessy |
| City | Vancouver |
| Postal Code | V6J 2T9 |
| Gross Taxes | $16,417 |
| Zoning | FSD |
Property Timeline
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
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
- Above Average 1.49 km
- Elementary
- Shaughnessy Elementary School
- Above Average 0.47 km
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
- Elementary, Secondary
- York House School
- Above Average 0.32 km
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
65 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $4,743,520
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
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
82 DOM
Shaughnessy avg
67 DOM
Vancouver avg
67 DOM
1516 Balfour Avenue has a sell-speed score of 65/100, placing it in the "Expected to sell within weeks" band. The listing is priced 28.9% below comparable active properties in Shaughnessy, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 9.2% and an area average of 67 days on market — buyers have more leverage. With only 542 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.
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
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Fire
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
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS. Nearest station: Vancouver Clark Drive, Vancouver (~4.6 km). Annual avg AQHI 2.2 — Low Risk.
Heat
Vancouver currently sees ~1 day 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
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
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
Shopping (11 nearby)
- Sukiâs · 654 m · Hairdresser
- Prospera credit union · 726 m · Bank
- Igloo · 738 m · Clothes
Restaurants (9 nearby)
- Sushi umi · 679 m · Restaurant
- Breakfast table · 772 m · Restaurant
- Crab hot lau · 825 m · Restaurant
Cafes (6 nearby)
- Momono tea shop · 781 m · Cafe
- Bean around the world · 840 m · Cafe
- Dragon ball tea house · 872 m · Cafe
Groceries (2 nearby)
- Small victory · 744 m · Bakery
- Meinhardt · 797 m · Supermarket
Parks & Recreation (2 nearby)
- Off-leash dog park for small and shy dogs · 773 m · Dog Park
- Off-leash dog park · 792 m · Dog Park
Transit (1 nearby)
- Bus stop southbound arbutus st @ w king edward ave · 997 m · Transit
Schools NearBy
46 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
York House School |
Independent |
Grades ServedK-12
|
Catchment Info—
|
Distance316 m
|
|
Little Flower Academy |
Independent |
Grades Served8-12
|
Catchment Info—
|
Distance421 m
|
|
Shaughnessy Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
Distance472 m
|
|
Westside Montessori |
Independent |
Grades ServedK
|
Catchment Info—
|
Distance905 m
|
|
Emily Carr Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance919 m
|
|
Vancouver Talmud Torah Elementary School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance1.02 KM
|
|
VISST |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.31 KM
|
|
St. Lawrence School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.35 KM
|
|
Century High School |
Independent |
Grades Served10-12
|
Catchment Info—
|
Distance1.38 KM
|
|
Queen Alexandra Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.39 KM
|
|
Lord Tennyson Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.39 KM
|
|
Prince of Wales Secondary School |
Public |
Grades Served8-12
|
Catchment InfoIn Catchment
|
Distance1.49 KM
|
|
Blessed Sacrament School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance1.61 KM
|
|
Edith Cavell Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.63 KM
|
|
St. John's School |
Independent |
Grades ServedK-12
|
Catchment Info—
|
Distance1.74 KM
|
|
Vancouver College |
Independent |
Grades ServedK-12
|
Catchment Info—
|
Distance1.76 KM
|
|
Quilchena Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.78 KM
|
|
Fraser Academy |
Independent |
Grades Served2-12
|
Catchment Info—
|
Distance1.78 KM
|
|
Canada Royal Arts High School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.79 KM
|
|
Trafalgar Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.83 KM
|
|
St. Augustine's |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance1.83 KM
|
|
Point Grey Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance1.86 KM
|
|
Point Grey Secondary |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.89 KM
|
|
False Creek Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.95 KM
|
|
False Creek Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.96 KM
|
|
Secondaire Jules-Verne |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.08 KM
|
|
Rose-des-vents |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.11 KM
|
|
Kitsilano Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance2.15 KM
|
|
Vancouver Technical Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance2.29 KM
|
|
Eaton Arrowsmith School (Vancouver) Ltd |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.30 KM
|
|
Sir William Osler Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.31 KM
|
|
King David High School |
Independent |
Grades Served8-12
|
Catchment Info—
|
Distance2.34 KM
|
|
Henry Hudson Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.35 KM
|
|
Simon Fraser Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.35 KM
|
|
SelfDesign Learning Community (DL) |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.39 KM
|
|
General Wolfe Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.50 KM
|
|
Carnarvon Community Elementary |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.54 KM
|
|
Maple Grove Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.54 KM
|
|
Elsie Roy Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.59 KM
|
|
Magee Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance2.66 KM
|
|
General Gordon Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.77 KM
|
|
Kerrisdale Annex |
Public |
Grades ServedK-2
|
Catchment Info—
|
Distance2.78 KM
|
|
St.Patrick's Elementary School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.81 KM
|
|
St Patrick's |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.89 KM
|
|
St.Patrick Regional Secondary School |
Independent |
Grades Served8-12
|
Catchment Info—
|
Distance2.90 KM
|
|
Dr. Annie B. Jamieson Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.99 KM
|
Pre-computed routes from 1516 Balfour Ave, Vancouver, BC
1516 Balfour Ave, Vancouver, BC
33 min
Downtown Vancouver
By transit (Skytrain)
-
Downtown Vancouver via King Edward → Waterfront33 min
-
Metrotown, Burnaby via King Edward → Metrotown51 min
-
SFU Burnaby via King Edward → Production Way58 min
-
Richmond Centre via King Edward → Brighouse40 min
-
YVR Airport via King Edward → YVR-Airport41 min
By car (off-peak)
-
Downtown Vancouver via HWY 1 / Grandview5 min
-
Metrotown, Burnaby via Lougheed Hwy12 min
-
SFU Burnaby via Gaglardi Way19 min
-
Richmond Centre via No. 3 Rd11 min
-
YVR Airport via Bridgeport / Sea Island8 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
Car-Dependent
73
Walk Score - Very Walkable
Most errands can be accomplished on foot
Some Transit
54
Transit Score - Good Transit
Many nearby public transportation options
Somewhat
Bikeable 79
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).
$3,500,000
-9.8% YoY
+0.9%/yr over 4 yr
2022
Value Trend
2026
| 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
A 20% down payment of $736,000 on this $3,680,000 listing yields an estimated mortgage of $14,055/month (30-year fixed, 4%). Total estimated housing cost: $15,423/month, $1,368 property tax.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Investment Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment
0%
Cap Rate
Cash on Cash
With $8,041/month in estimated rental income against $15,691/month in mortgage payments, the monthly cashflow is -$7,650/month. A 64% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Estateblock Rent Estimate for 1516 Balfour Avenue, Vancouver
Buy Vs Rent Calculator
—
/ month
Principal: —
Interest, tax, insurance, fees: —
Rent vs own
—
Principal paid off by year 5
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Principal paid off by year 10
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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.
Price vs Neighbourhood Average — Shaughnessy, Vancouver
This Home
$3,680,000
Vancouver
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Shaughnessy
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Based on 4 comparable active Single Family Residences in Shaughnessy, the average asking price is $5,179,333. This listing is priced 28.9% below the neighbourhood average. This property is flagged as a Hot Deal (28.9% cheaper than comparables) based on its competitive pricing and market demand.
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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
