Listing ID: 985171  
$399,000

585 Hillcrest Ave

REMAX Professionals (NA)

585 Hillcrest Ave, Nanaimo, British Columbia, V9R3M6
Property TypeVacant Land Lot Size4525 square feet

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:10648)


Details
GarageNo CarportNo
Attached GarageNo Open ParkingNo
WaterfrontNo ViewNo
ZoningUnknown
Building
CoolingNo PoolNo

Listing Office: REMAX Professionals (NA)

Data Provided by Vancouver Island Real Estate Board

Last Modified :Mon, 26 Jan 2026 01:43:21 GMT

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