585 Hillcrest Ave, Nanaimo, British Columbia

$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 (id:6289)

More Info on this University District MLS® listing

585 Hillcrest Ave is a listing for sale in Nanaimo. The MLS® number is 985165. It's currently listed for $399,000. For more details on MLS® 985165, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in University District is available now!

Selling your University District property?

Have a similar home to 585 Hillcrest Ave? If you’re thinking about selling your University District property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Nanaimo property.

Features of 585 Hillcrest Ave

Listing # 985165
Price $399,000
Bathrooms 0.00
Acres 0.10
Type Vacant Land

Community Information

Address 585 Hillcrest Ave
Area University District
Subdivision University District
City Nanaimo
Province British Columbia
Postal Code V9R3M6

Amenities

Parking Spaces 2
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description 4525

Additional Information

Zoning Residential

Listing Details

OfficeReal Broker

Listing Map

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