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Lot/land
  • C$399,000

    585 Hillcrest Ave, Nanaimo, BC V9R 3M6

    0beds
    0baths
    4,356Square Feet
    Unimproved Land
    Built in ----
    4,356 Square Feet Lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Excellent laneway access
    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
    195 days
    on Zillow
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    1
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    Zillow last checked: 7 hours ago

    Listing updated: July 31, 2025 at 09:20pm

    Listed by:

    Kelly Whitton Personal Real Estate Corporation,

    REMAX Professionals

    Source: VIVA,MLS®#: 985165
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Features
    • Has basement: No
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 2
    Features
    • Entry location: Main Level
    Lot
    • Size: 4,356 Square Feet
    Details
    • Parcel number: 007181850
    • Zoning: R5
    • Zoning description: Residential

    Utilities & green energy

    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Location
    • Region: Nanaimo

    Financial & listing details

    • Tax assessed value: C$377,000
    • Annual tax amount: C$2,375
    • Date on market: 1/22/2025
    • Ownership: Freehold
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