980 Heywood Ave, Victoria

2026-05-21
 

Quick Summary

Location
980 Heywood Ave, Victoria, British Columbia V8V2Y4
Price
$1,890,000 CAD
Status:
For Sale
Property Type:
Vacant Land

MLS®#1037245

Property Description

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:32467)

Property Features

Building

  • Fireplace: No

Land

  • Land Size: 7800 sqft

Ownership

  • Type: Freehold

Information entered by Engel & Volkers Vancouver Island
Listing information last updated on: 2026-05-20 20:06:13


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Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

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