585 Hillcrest Ave, Nanaimo, BC V9R3M6 – 985171 - Katie Van Nes

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Katie Van Nes

katie@mostreferred.expert +1(604) 855-8228

$ 375,000

Est. payment | -/mo

4,525 Sqft Lot

Save

$ 375,000

Est. payment | -/mo

Save

4,525 Sqft Lot

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

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

Others

Ownership Freehold

Listed by RE/MAX of Nanaimo

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

585 Hillcrest Ave Nanaimo, BC V9R3M6