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
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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

Nearby Restaurants, Cafes & Shops

Schools NearBy

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

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%
Based on $8,464/month estimated rent and $15,691/month in total housing costs, this property has a -$7,227/month cashflow. Break-even down payment: approximately 62%.
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 5 comparable active Single Family Residences in Shaughnessy, the average asking price is $4,706,000. This listing is priced 21.8% 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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