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Listing by Austin Cope Colliers
$ 985,000
Est. payment | /mo
6,098 Sqft Lot
$ 985,000
Est. payment | /mo
6,098 Sqft Lot
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1052744
HOA Y/N No
Annual Tax Amount $7,828
Tax Year 2026
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Unimproved Land
Property 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
Province BC
County Capital Regional District
Community Vi Fairfield West
Area Victoria
Zoning GRD-1 (PGA)
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Street Surface Paved
Garage No
Others
Ownership Freehold
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.”
Nearby Locations
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301-1321 Blanshard Street Victoria, British Columbia V8W 0B6