
980 Heywood Ave
$1,890,000
Downtown
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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1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
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
—
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