595 Hillcrest Ave Nanaimo, British Columbia V9R 3M6
$399,000
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 (id:49203)
Property Details
| MLS® Number | 1002260 |
| Property Type | Vacant Land |
| Neigbourhood | University District |
| Parking Space Total | 2 |
Building
Land
| Acreage | No |
| Size Irregular | 4525 |
| Size Total | 4525 Sqft |
| Size Total Text | 4525 Sqft |
| Zoning Description | R5 |
| Zoning Type | Residential |
https://www.realtor.ca/real-estate/28411147/595-hillcrest-ave-nanaimo-university-district
Contact Us
Contact us for more information
Kelly Whitton
Personal Real Estate Corporation
www.thevipropertygirl.com/
www.facebook.com/thevipropertygirl/
#1 - 5140 Metral Drive
Nanaimo, British Columbia V9T 2K8
(250) 751-1223
(800) 916-9229
(250) 751-1300
www.remaxprofessionalsbc.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 30 2025 11:43:01
Vancouver Island Real Estate Board
RE/MAX Professionals (Na)