BC > Nanaimo
Nanaimo, BC V9R 3M6,585 Hillcrest Ave
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Dallas King

Dallas King

+1(250) 858-5465
$375,000
Est. payment /mo
4,356 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 985165

Rental Info Unrestricted

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

Area Nanaimo

Zoning R5

Rooms

Kitchen 0

Exterior

Total Parking Spaces 2

Building

Sewer Sewer To Lot

Water To Lot

Others

Pets Allowed Yes

Tax ID 007-181-850

Ownership Freehold

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

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Listed by RE/MAX of Nanaimo
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+1(250) 858-5465

dallas@victoriahomes.com

202-3440 Douglas St, Victoria, V8Z, 3L5, Canada

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