956 Heywood Ave Victoria, British Columbia V8V 2Y4

$985,000

Rare development opportunity directly across from Beacon Hill Park, one of Victoria’s finest green spaces, with boutique Cook Street Village shopping just behind. 956 Heywood Avenue is a 6,120 SF rectangular lot measuring 51' x 120', zoned General Residential District (GRD-1 PGA) and designated a Priority Growth Area in the City of Victoria OCP. In-place zoning permits multi-unit residential up to six storeys, with a base FSR of 1.6 (approx. 2.7 with density bonuses) and 55% maximum lot coverage, letting you bring your own mid-rise vision under existing zoning. Full municipal services to the property line. A previous five-unit townhouse project received Development Permit approval (since lapsed). Surprisingly private for orientation, with a Walk Score of 93. Priced well below the 2026 assessed value. Land Value only, though the existing home offers potential to be revitalized as a holding property or residence while plans proceed. (id:59709)

Property Details

MLS® Number 1052744
Property Type Vacant Land
Neigbourhood Fairfield West
Plan Vip24

Building

Land

Access Type Road Access
Acreage No
Size Irregular 6120
Size Total 6120 Sqft
Size Total Text 6120 Sqft
Zoning Description Grd-1 (pga)
Zoning Type Unknown

https://www.realtor.ca/real-estate/30424507/956-heywood-ave-victoria-fairfield-west

Contact Us

Contact us for more information

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Austin Cope
Personal Real Estate Corporation

(250) 414-8381
www.linkedin.com/in/austincope/

Colliers
1110-1175 Douglas St
Victoria, British Columbia V8W 2E1

(250) 388-6454
(250) 382-3564
www.colliers.com/

Brandon Faber
Personal Real Estate Corporation

(250) 507-7669
www.brandonfaber.ca/

RE/MAX Camosun
101-791 Goldstream Ave
Victoria, British Columbia V9B 2X5

(250) 478-9600
(250) 478-6060
www.remax-camosun-victoria-bc.com/

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