585 Hillcrest Ave, Nanaimo, BC V9R 3M6
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Natasha Koch

Natasha Koch

+1(604) 862-7619
Listed by Kelly Whitton Real Broker
$ 399,000
Est. payment | /mo

4,356 Sqft Lot

Save
$ 399,000
Est. payment | /mo
Save

4,356 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 985165

HOA Y/N No

Annual Tax Amount $2,375

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Land

Property 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

Location

Province BC

County Nanaimo, City Of

Community Na University District

Area Nanaimo

Zoning R5

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

Garage Spaces 2.0

View Y/N No

Total Parking Spaces 2

Garage No

Building

Sewer Sewer To Lot

Water To Lot

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Nearby Locations

Natasha Koch

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(604) 862-7619

natasha@vanislehometeam.com

#2 - 3179 Barons Rd Nanaimo, British Columbia V9T5W5, CAN

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585 Hillcrest Ave