956 Heywood Ave.

$985,000

Victoria, V8V 2Y4
1322 sqft, 2 Beds, 1 Baths

Single Family Residence home located in Victoria

MLS #1052623
Listed by RE/MAX Camosun

  • Built in: 1910
  • Type: Residential
  • Cooling: None,
  • Heating: Wood,
  • Fireplaces: 1
  • Basement: Walk-Out Access,
  • Foundation Details: Concrete Perimeter,
  • Lot Size: 0.14 acres
  • Total Parking: 1
  • Parking Features: Driveway,
  • Features: Central Location, Recreation Nearby, Shopping Nearby,
  • View: Array

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.

Location