New Listing
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 # | 1052744 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 1 |
| Listing Provided By | Colliers | Austin Cope |
Features
| Zoning | Unknown |
|---|---|
| Acreage | 0.14 |
Interior
| Fireplace Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 7828.56 |
|---|---|
| Tax Lot | 36 |
Area Information
| Province | BC |
|---|---|
| City | Victoria |
| Postal Code | V8V2Y4 |
| Listing VS Median (in V8V2Y4) | |
Price: $985,000 low | high Med: $985,000 On site: 1 low | high Med: 1 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Victoria |
| Postal Code | V8V2Y4 |
| Listing VS Median (in V8V2Y4) | |
Price: $985,000 low | high Med: $985,000 On site: 1 low | high Med: 1 | |
