Victoria Real Estate
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980 Heywood Ave

$1,890,000

Downtown

Land— · — · —40 days on market

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About this home

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:65179)

Property details

From the listing's public record.

Lot size

7,800 square feet

Taxes

$8,945/yr

Zoning

Residential

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. May 20, 2026

    Listed $1,890,000

    Active40 days on marketMLS 1037245

How this listing compares

Not enough recent sales in this area for reliable stats.

Current market in Downtown

Active (same type)

2

Pending

0

All active listings

270

Months of supply

More on this listing

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Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

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