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

Alex Burns

+1(250) 882-3335
$ 399,000
Est. payment | /mo

4,356 Sqft Lot

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

4,356 Sqft Lot

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 985171

Rental Info Unrestricted

Annual Tax Amount $2,375

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Unimproved 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!

Location

Province BC

County Nanaimo, City Of

Area Na University District

Zoning R5

Exterior

Parking On Site 1

Others

Pets Allowed Yes

Tax ID 007-181-850

Ownership Freehold

Listed by RE/MAX of Nanaimo
Alex Burns

+1(250) 882-3335

alex@victoriahomes.com

3440 Douglas St, # 202, Victoria, Canada

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