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.
Address
956 Heywood Ave
List Price
$985,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Victoria
Sub-Area
Vi Fairfield West
Bedrooms
2
Bathrooms
1
Floor Area
1,322 Sq. Ft.
Lot Size
6120 Sq. Ft.
Lot Size (Acres)
0.14 Ac.
Year Built
1910
MLS® Number
1052623
Listing Brokerage
RE/MAX Camosun
| Colliers
Basement Area
Walk-Out Access
Postal Code
V8V 2Y4
Tax Amount
$7,828.56
Tax Year
2026
Features
Wood
Amenities
Central Location, Recreation Nearby, Shopping Nearby
