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980 Heywood Ave Victoria, British Columbia V8V 2Y4

$1,890,000

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:65196)

Property Details

MLS® Number 1037245
Property Type Vacant Land
Neigbourhood Fairfield West
Plan Vip24

Building

Land

Acreage No
Size Irregular 7800
Size Total 7800 Sqft
Size Total Text 7800 Sqft
Zoning Type Residential

https://www.realtor.ca/real-estate/29779198/980-heywood-ave-victoria-fairfield-west

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Brendan Somers
Personal Real Estate Corporation

(250) 217-7965

Engel & Volkers Vancouver Island
2249 Oak Bay Ave
Victoria, British Columbia V8R 1G4

(778) 433-8885

Jim Leblanc
Personal Real Estate Corporation

(250) 812-7212
www.luxurybchomes.com/

Engel & Volkers Vancouver Island
735 Humboldt St
Victoria, British Columbia V8W 1B1

(778) 433-8885

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