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)
| MLS® Number | 1052744 |
| Property Type | Vacant Land |
| Neigbourhood | Fairfield West |
| Plan | Vip24 |
| 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 for more information
Austin Cope
Personal Real Estate Corporation
(250) 388-6454
(250) 382-3564
www.colliers.com/
Brandon Faber
Personal Real Estate Corporation
(250) 478-9600
(250) 478-6060
www.remax-camosun-victoria-bc.com/