Address
585 Hillcrest Ave, Nanaimo, BC
Price
$ 399,000
Property Attributes
- MLS#985165
- TypeLot-Land
- Listing Status Active
- CityNanaimo
- AreaNanaimo
- NeighbourhoodNa University District
- Postal CodeV9R 3M6
- StyleLand
- Taxes$ 2375
- Price$ 399,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.1 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
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
General Features
| Sewer | Sewer To Lot |
|---|---|
| Pets Allowed | Aquariums,Birds,Caged Mammals,Cats,Dogs |
| Zoning | R5 |
| Property Subtype | Land |
| Property Type | Residential |
| Parking Total | 2 |
| Zoning Type | Residential |
Exterior Features
| Water Source | To Lot |
|---|---|
| Lot Size Square Feet | 4525.00 |
| Lot Size Acres | 0.10 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Lot-Land Average in V9R 3M6
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