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This 0 bedroom, 0 bathroom land is listed for sale at $1,890,000 in Victoria, British Columbia. Lot size: 7,405 sq ft (0.17 acres).MLS® #1037245.
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.
Looking for homes for sale in Victoria? Browse Victoria real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Part of the Victoria area.
Property Type
Land
Lot Size
7,405 sq ft(0.17 acres)
Bedrooms
0
Bathrooms
0
Area
Victoria
Neighborhood
Fairfield West
Listed
May 20, 2026
MLS® Number
#1037245
View comprehensive market analysis for Heywood Ave including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Heywood Ave Market ReportExceptional 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.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Victoria community, including the Fairfield West neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$10,950
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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