980 Heywood Avenue
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:65032)
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:65032)
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The estimates above are provided as guidance only and do not constitute financial advice. Actual costs may vary based on your financial situation, lender terms, and current rates. Consult a mortgage professional for accurate calculations.
