Commercial $ 2,366,000

950 Bruce Ave

Nanaimo, BC V9R 4A3

  • 85,377 SqFt
  • 1.96 Lot Size
  • 1920 Year Built
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.
Listed by eXp Realty (NA)

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Multi Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 85, 377 sqft

    Price per Sqft $27

    MLS Listing ID 1029348

    HOA Y/N No

    Year Built 1920

    Annual Tax Amount $7,345

    Tax Year 2025

    Lot Size 1.960 Acres

    Acres 1.96

    Property Sub-Type Multi Family

  • Location

    Province BC

    County Nanaimo, City Of

    Community Na South Nanaimo

    Area Nanaimo

    Zoning R1

  • Building

    Lot Description Acreage, Central Location, Cleared, Family-Oriented Neighbourhood, Park Setting, Quiet Area, Recreation Nearby, Shopping Nearby

    Foundation Concrete Perimeter

    Sewer Sewer Connected

    Water Municipal

  • Interior

    Heating Electric, Heat Pump

    Cooling Air Conditioning

    Flooring Mixed

    Fireplace No

  • Exterior

    Exterior Feature Balcony/Deck, Fencing: Partial, Garden

    Parking Features On Site

    Garage Spaces 8.0

    View Y/N No

    Street Surface Paved

    Total Parking Spaces 8

    Garage No

  • Others

    Restrictions ALR: No,None

    Ownership Freehold

    Special Listing Condition Updated/Remodeled

CONTACT

Travis Briggs PREC*
Travis Briggs PREC*

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