585 Hillcrest Ave, Nanaimo, BC

$399,000

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0.10

Acres

About 585 Hillcrest Ave

Attention Builders and Investors: Opportunity in the Heart of Nanaimo’s University District! 585 Hillcrest St. This is your chance to purchase an R5 Lot to build up to a 4 Plex. This 4550 sq. ft parcel of vacant land is ready for your ideas and development. This lot boasts excellent laneway access and is located just a short walk from VIU, a prime area for rental demand. And there’s more—there is also 2 more separate lots and PIDS available under a separate MLS listing. This unique offering is a true income generator as you navigate the permitting process. Lot 1: A 6,457 sq. ft. property featuring a rentable home that is currently vacant—perfect for immediate revenue potential. Lot 2: A 4,525 sq. ft. parcel of vacant land, ready for development. Presenting the rare opportunity to create a 3 lot, 12-unit Project. Whether you’re looking to build, develop, or invest, this is a strategic acquisition you don’t want to miss! All measurements are approximate

Residential home for sale in Nanaimo, BC at 585 Hillcrest Ave.

Features of 585 Hillcrest Ave

MLS® # 985165
Price $399,000
Bathrooms 0.00
Acres 0.10
Type Residential
Sub-Type Land
Status Active
Pet Friendly Aquariums, Birds, Caged Mammals, Cats, Dogs

Community Information: Nanaimo

Address 585 Hillcrest Ave
Area Na University District
Subdivision Na University District
City Nanaimo
County Nanaimo, City of
Province BC
Postal Code V9R 3M6

Amenities of 585 Hillcrest Ave

Parking Spaces 2
Is Waterfront No
Has Pool No

Interior of 585 Hillcrest Ave

Fireplace No

Additional Information On 585 Hillcrest Ave

Date Listed January 21st, 2025
Days on Market 263
Zoning R5

Listing Details of 585 Hillcrest Ave

OfficeRE/MAX of Nanaimo

Map To 585 Hillcrest Ave, Nanaimo

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