585 Hillcrest Ave, Nanaimo, BC V9R 3M6
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Alex Burns

Alex Burns

+1(250) 882-3335
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 Single Family Home

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

Nearby School & Business

Alex Burns

+1(250) 882-3335

alex@victoriahomes.com

3440 Douglas St, # 202, Victoria, Canada

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