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Renanza Realty
For sale

956 Heywood Ave

Victoria, British Columbia

MLS® 1052744

$985,000

Status
Active
Property type
Vacant land
MLS® number
1052744
Bedrooms
—
Bathrooms
—
Year built
—

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.

Property summary

MLS® number
1052744
Property type
Vacant Land
Title
Freehold
Land size
6120 square feet
Annual property taxes
$7,828.56
Days on market
2 days

What would this home cost you?

Based on the $985,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,583 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Colliers, Victoria.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.