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:24212)
- Full Address:
- 956 Heywood Avenue, Victoria, British Columbia
- Price:
- $ 985,000
- MLS Number:
- 1052744
- List Date:
- October 20th, 2026
- Neighbourhood:
- Fairfield West
- Lot Size:
- 6120 ac
- Taxes:
- $ 7,829
- Ownership Type:
- Freehold
Property Specifications
Interior Features
- Zoning:
- Unknown
Building Features
Floors
- Lot Size:
- 6120 ac
Land
Neighbourhood Features
Ratings
Commercial Info
Location
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Agent: Austin CopeBrokerage: Colliers
Phone: 250-414-8381
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