Exceptional development opportunity in the heart of Victoria’s coveted Beacon Hill neighbourhood. 980 Heywood Avenue offers a rare chance to acquire a prime residential development site just moments from Beacon Hill Park, Dallas Road, Cook Street Village and the Inner Harbour. Zoned GRD-1 (PGA), the property permits multi-family redevelopment, allowing for significant future density increases in one of Victoria’s most prestigious and supply-constrained locations. The zoning is designated as a Primary Growth Area and provides outstanding potential for developers, investors and long-term land holders seeking a landmark project in a highly desirable Fairfield/Beacon Hill setting. Development sites in this location are exceptionally rare, particularly with proximity to parks, beaches, downtown and amenities. Existing on-site structures include a tenanted triplex providing interim holding income and a storage barn. Buyers to verify all redevelopment potential with the City of Victoria. (id:44056)

Property Details

Full Address:
980 Heywood Ave, Victoria, British Columbia
Price:
$ 1,890,000
MLS Number:
1037245
List Date:
May 20th, 2026
Neighbourhood:
Fairfield West
Lot Size:
7800 sq.ft.
Taxes:
$ 8,945

Interior Features

Building Features

Zoning:
Residential
Ownership Type:
Freehold
Taxes:
$ 8,945

Floors

Land

Lot Size:
7800 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Brendan Somers
Engel & Volkers Vancouver Island
Co-Listing: Jim LeBlanc
Engel & Volkers Vancouver Island

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