950 Bruce Ave, Nanaimo, BC V9R 4A3

$1,850,000

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Courtesy of eXp Realty (NA)

List Price
$1,850,000
Status
ACTIVE
MLS®
1041976
Property Type
Commercial
Year Built
1920
Acres
1.96
Lot Size
85,377
District
Nanaimo
Neighbourhood
Na South Nanaimo

Property Description

Rare 1.96-acre opportunity in the heart of Nanaimo’s growing Harewood neighbourhood. Ideally positioned with dual access from Bruce Avenue and Alpen Way, this property offers strong development potential in an area identified for increased residential density under the Harewood Neighbourhood Plan. The plan supports a mix of housing forms including multi-family, townhomes, and infill development (buyer to verify with the City of Nanaimo). Currently zoned R1, the property includes an existing 4-bedroom, 1-bath home plus a separate cabin, offering holding income or flexible living. A detached garage adds further utility. Located in a rapidly developing area just minutes to amenities, the property also backs onto approximately 5 acres of City-owned parkland, enhancing privacy and long-term appeal. A unique opportunity to secure a large parcel with future potential in one of Nanaimo’s evolving communities. Measurements are approximate and should be verified if important.

Additional Information

Lot Features
Acreage, Central Location, Cleared, Family-Oriented Neighbourhood, Park Setting, Quiet Area, Recreation Nearby, Shopping Nearby
Heating
Electric, Heat Pump
Flooring
Mixed
Parking Spaces
8
Exterior Features
Balcony/Deck, Fencing: Partial, Garden
Parking Type
On Site
Taxes
$7,345
Rentals Allowed
Unrestricted

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

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