MLS® property information is provided under copyright© by the Victoria and Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website must only be used by consumers for the purpose of locating and purchasing real estate.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
*Where indicated, "PREC" means Personal Real Estate Corporation.
© 2026 IslandSold.com - Vancouver Island Real Estate. All rights reserved.
This 0 bedroom, 0 bathroom land is listed for sale at $399,000 in Nanaimo, British Columbia. Lot size: 4,356 sq ft (0.10 acres).MLS® #985165.
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
Looking for homes for sale in Nanaimo? Browse Nanaimo real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Part of the Nanaimo area.
Property Type
Land
Lot Size
4,356 sq ft(0.10 acres)
Bedrooms
0
Bathrooms
0
Area
Nanaimo
Neighborhood
University District
Listed
Jan 21, 2025
MLS® Number
#985165
View comprehensive market analysis for Hillcrest Ave including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Hillcrest Ave Market ReportAttention 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

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Nanaimo community, including the University District neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$3,495
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
Learn about the Prepared Buyer Program →Discover other great communities in the area
Explore the property location and surrounding area
MLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityNanaimo, BC
2 bed · 3.0 bath · 3,345 sf · 118 days
Single Family
MLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityNanaimo, BC
6 bed · 4.0 bath · 3,200 sf · 129 days
Single Family
MLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® Reciprocity
Nanaimo, BC
1 bed · 1.0 bath · 683 sf
Condo Apartment
Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)
MLS® Reciprocity
Campbell River, BC
2 bed · 1,905 sf
Single Family Residence
Courtesy of Royal LePage Advance Realty
MLS® Reciprocity
Victoria, BC
1 bed · 1.0 bath · 470 sf
Condo Apartment
Courtesy of Coldwell Banker Oceanside Real Estate
MLS® Reciprocity
Victoria, BC
2 bed · 1.0 bath · 860 sf
Townhouse
Courtesy of Maxxam Realty Ltd.
MLS® Reciprocity
Saanich, BC
4 bed · 2.0 bath · 2,041 sf
Single Family Residence
Courtesy of Pemberton Holmes Ltd.
MLS® Reciprocity
Langford, BC
3 bed · 3.0 bath · 2,168 sf
Townhouse
Courtesy of Pemberton Holmes Ltd. - Oak Bay
MLS® Reciprocity