Nanaimo, BC V9R3M6,585 Hillcrest Ave
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$ 425,000
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585 Hillcrest Ave Nanaimo, BC V9R3M6

4,525 Sqft Lot


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Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision University District

MLS® Listing ID 985171

Originating Board Vancouver Island Real Estate Board

Lot Size 4,525 Sqft

Acres 4525.0

Property Sub-Type Freehold

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! (id:24570)

Location

Province BC

Zoning Unknown

Exterior

Parking Features No

View Y/N No

Private Pool No

Others

Ownership Freehold


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Listed by RE/MAX of Nanaimo
agent

Amanda Ostapyk

Salesperson | License ID: 4741655

+1(613) 282-4589

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585 Hillcrest Ave