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:44056)

Property Details

Full Address:
956 Heywood Ave, Victoria, British Columbia
Price:
$ 985,000
MLS Number:
1052744
List Date:
October 20th, 2026
Lot Size:
6120 sq.ft.
Taxes:
$ 7,829

Interior Features

Building Features

Zoning:
Unknown
Zoning Detail:
GRD-1 (PGA)
Ownership Type:
Freehold
Taxes:
$ 7,829

Floors

Land

Lot Size:
6120 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Austin Cope Personal Real Estate Corporation Colliers
250-414-8381
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Listing Agent(s)

Lead Agent: Austin Cope
Office: Colliers
Originating Board: Victoria Real Estate Board
Co-Listing: Brandon Faber
RE/MAX Camosun

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