About 595 Hillcrest Ave
Attention Builders and Investors: Opportunity in the Heart of Nanaimo’s University District! 595 Hillcrest Ave. 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
Basic Information
| Price | $399,000 |
|---|---|
| MLS® # | 1002260 |
| Sub-Type | Land |
| Baths | 0.00 |
| Lot Size | 0.10 Acres |
Location Information
| Address | 595 Hillcrest Ave |
|---|---|
| Postal Code | V9R 3M6 |
| Area | Nanaimo |
| Sub Area | University District |
| Jurisdiction | City of Nanaimo |
| PID Number | 007-181-868 |
| Waterfront? | No |
Features & Amenities
| Water | To Lot |
|---|---|
| Sewer | Sewer To Lot |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
Listing Details
| Office | RE/MAX of Nanaimo |
|---|