956 Heywood Ave Victoria, British Columbia V8V 2Y4
$985,000
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:55599)
Property Details
| MLS® Number | 1052623 |
| Property Type | Single Family |
| Neigbourhood | Fairfield West |
| Features | Central Location, Other |
| Parking Space Total | 1 |
| Plan | Vip24 |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 2 |
| Constructed Date | 1910 |
| Cooling Type | None |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Heating Fuel | Wood |
| Size Interior | 1322 Sqft |
| Type | House |
Land
| Acreage | No |
| Size Irregular | 6120 |
| Size Total | 6120 Sqft |
| Size Total Text | 6120 Sqft |
| Zoning Type | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Porch | 27' x 5' | ||
| Main Level | Living Room | 18' x 18' | ||
| Main Level | Laundry Room | 17' x 4' | ||
| Main Level | Kitchen | 23' x 8' | ||
| Main Level | Dining Room | 18' x 13' | ||
| Main Level | Primary Bedroom | 13' x 11' | ||
| Main Level | Bedroom | 13' x 11' |
https://www.realtor.ca/real-estate/30423733/956-heywood-ave-victoria-fairfield-west
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October 20 2026 06:04:28
Victoria Real Estate Board
RE/MAX Camosun, Colliers