Vacant Land For Sale 585 Hillcrest Ave, Nanaimo, British Columbia
1

Vacant Land For Sale Active $425,000 585 Hillcrest Ave, Nanaimo, British Columbia

MLS#: 985165

RE/MAX of Nanaimo
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Summary
Status
Active

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Address
585 Hillcrest Ave, Nanaimo, British Columbia
Size
4525 sqft
Listing Type
For sale
Property Type
Vacant Land
Commercial Type
n/a

Photos

1

Description

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 (id:15472)

Additional Information

Location
Land
Building
Financial
Sales Data
Mortgage Calculator
City Nanaimo
Province British Columbia
PostalCode V9R3M6
Country Canada
Neighbourhood University District
Street Address 585 Hillcrest Ave
Property TypeVacant Land
Transaction TypeFor sale
Ownership TypeFreehold
MLS #985165
Size Total4525 sqft
AcreageNo
Size Irregular4525
Zoning DescriptionR5
Zoning TypeResidential
Property TypeVacant Land
Parking Space Total 2
Fireplace Present False
Price 425000.00
Listing Contract Date 2025-01-21
Lease 0.00
%

Contact

For more details, please contact our specialists.

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Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

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