956 Heywood Avenue

Victoria, British Columbia V8V2Y4

MLS # 1052623

$985,000

Property Details

Type

Townhouse

Beds

Baths

Status

For Sale

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About this property

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.

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Property taxes: about $652/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
Bathroom	Main level	4-Piece
Porch	Main level	5' x 27'
Living room	Main level	18' x 18'
Laundry room	Main level	4' x 17'
Kitchen	Main level	8' x 23'
Dining room	Main level	13' x 18'
Primary Bedroom	Main level	11' x 13'
Bedroom	Main level	11' x 13'