1516 Balfour Avenue — Vancouver West


$ 3,680,000 FOR SALE MLS# R3152322
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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.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms5
Bathrooms4
Living Area4,088 sqft
Lot Area12,432 sqft
Property TypeResidential – Single Family Residence
MLS® R3152322
StatusActive
Listing BrokerSutton Group-West Coast Realty

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change
2 events on record for this property

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Market Overview

Shaughnessy · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes99
Median Asking Price $ 4,600,000 $ 3,680,000
Median Price per SqFt $1,149 $900
Median Days on Market 86
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 3 8
Median Selling Price ▼100.0% $ 4,389,000 $ 4,875,000
Median Price per SqFt ▼100.0% $883 $1,028
Median Days on Market 1744
Median Discount Off Ask 8.4%9.8%
New Listings 7261
Months of Inventory 37.1

At the current sales pace, it would take about 37 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Shaughnessy: Number of Sales

Shaughnessy: Median Sold Price

Shaughnessy: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Shaughnessy. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.