$2,366,000
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950 Bruce Ave, Nanaimo

Nanaimo, BC V9R 4A3
MLS® 1029348
1920
Year Built
29
Days on Market

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.

Property Details

Property Type Commercial Sale
Property Sub Type Multi Family
Listing ID 1029348
Status Active
City Nanaimo
Area Nanaimo
Sub-Area Na South Nanaimo
Postal Code V9R 4A3
Property Taxes $7,345.00 (2025)
Parking Total 8
Zoning R1
Water Municipal
Sewer Sewer Connected
Heating Electric,Heat Pump
Cooling Air Conditioning
Exterior Features Balcony/Deck,Fencing: Partial,Garden
Construction Frame Wood,Insulation: Ceiling,Insulation: Walls
Foundation Poured Concrete
Listed Date Mar 19, 2026
Ownership Freehold
Lot Size 1.96 acres

Building Details

Heating Heat Pump
Heating Fuel Electric
Stories -1
Exterior Size 85377.6 sqft

Additional Information

Features Acreage, Central location, Park setting, Partially cleared, Other
Land Size 1.96 ac
Building Type Multi-Family
Transaction For sale

Location