REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Dylon Paul

dylon@dylonpaul.ca +1(250) 650-9019

Listing by Kelly Whitton Real Broker

$ 399,000

Est. payment -/mo

Save

Active

585 Hillcrest Ave Nanaimo, BC V9R 3M6

4,356 Sqft Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 985165

HOA Y/N No

Annual Tax Amount $2,375

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Land

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

Location

Province BC

County Nanaimo, City Of

Community Na University District

Area Nanaimo

Zoning R5

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

Garage Spaces 2.0

View Y/N false

Total Parking Spaces 2

Garage No

Building

Sewer Sewer To Lot

Water To Lot

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.”

Location & Context

Explore the Area

See where the property sits in relation to nearby homes, roads, services and the surrounding community.

Listing Timeline

Property History

Review the property’s recorded MLS activity, including listing dates, price changes and status updates where that information is available.

Buyer Decision Support

Before You Buy This Property

The listing tells you what the home looks like. Good due diligence helps you understand what you are actually buying. Depending on the property, servicing, title, renovations, drainage, strata documents and other details can materially affect the decision.

I built the Vancouver Island Property Due Diligence Lab to help you work through the questions worth asking before you get too far into the process.

Open the Due Diligence Lab Request a Showing

Compare Your Options

Similar Homes Nearby

See other nearby properties with similar pricing, features or location so you can compare this home against the alternatives currently on the market.

Property Questions

Ask About This Property

Have a question about the home, its location, showing availability, recent comparable sales or something you noticed in the listing? Send it over. I’ll reply personally, and if I do not have the answer, I’ll find it or point you in the right direction.

Private Showing

Want to see this home in person?

I can help arrange a private showing and make sure you have the information you need before you go. No pressure to decide anything on the spot. The goal is simply to understand the property properly.