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New Listing
$985,000
 $5,288 est/mo Sourced by Back At You

956 Heywood Ave,Victoria, BC V8V2Y4

Victoria, BC V8V2Y4

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Description

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:13843)

Details

MLS #1052623
Listing TypeFor Sale
StyleHouse
StatusActive
Year1910
Days On Site4
Listing Provided ByRE/MAX Camosun | Brandon Faber

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet1,322
ZoningResidential
Acreage0.14

Interior

CoolingNone
HeatingWood
Fireplace Yes / NoYes
Fireplaces Total1

Exterior

Lot FeaturesCentral location, Other

Parking

Parking Total1

Taxes

Tax Annual Amount7828.56
Tax Lot36

Area Information

ProvinceBC
CityVictoria
Postal CodeV8V2Y4
Listing VS Median (in V8V2Y4)
Price:
$985,000
low | high
Med:
$985,000
50% of Average
sqft:
1,322
low | high
Med:
1,322
50% of Average
$ / sqft:
$745
low | high
Med:
$745
50% of Average
On site:
4
low | high
Med:
4
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Lindsey DeMelo

Lindsey DeMelo

Sutton Group - Quantum Realty Inc- Brokerage

Broker, (416) 219-1109ldemelo@sutton.com
ProvinceBC
CityVictoria
Postal CodeV8V2Y4
Listing VS Median (in V8V2Y4)
Price:
$985,000
low | high
Med:
$985,000
50% of Average
sqft:
1,322
low | high
Med:
1,322
50% of Average
$ / sqft:
$745
low | high
Med:
$745
50% of Average
On site:
4
low | high
Med:
4
100% of Average
Sourced by Back At You
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Price: $738K - $1.231M
sqft: 992 - 1,500
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Listing Updated: October 20, 2026 at 11:05:06 AM PDT