956 Heywood Avenue, Victoria, British Columbia, V8V2Y4




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$985,000
Victoria
This 2-bedroom, 1-bathroom home in Victoria is for sale offering roughly 1,322 sq ft of space. Listed at $985,000, it is attractively priced about 27% below the $1,349,900 median asking price in Victoria. It has been on the market 16 days, fresher than the Victoria average of 70 days.
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:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 16 days on market, against an average age of 70 days across the listings currently for sale in this city
This 2-bed single family in Victoria has been listed for 16 days, which is 54 days fresher than the city average of 70. Act while there is still low competition.
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