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950 Bruce Ave, Nanaimo

MLS® #1029140
About this Property

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 excellent 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 rezoning potential with the City of Nanaimo). The property is currently zoned R1 and features an existing 4-bedroom, 1-bath home along with a separate cabin, providing holding income or flexible living options. A detached garage adds further utility. Surrounded by ongoing growth, this location is just minutes from key amenities and is situated within a neighbourhood seeing continued investment and development. Adding to its appeal, the City has acquired approximately 5 acres of parkland directly behind the property, enhancing privacy and long-term livability. 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. For further information please reach out to Travis Briggs at [email protected] or 250-713-5501 (id:62865)

Property Information

Status

Active

Year Built

1920

Property Type

House

Ownership

Freehold

Parking Spaces

8

Annual Tax

$7,345

Zoning

Residential

Parcel Number

025-717-570

Data Source

Vancouver Island Real Estate Board

Interior Details

Bedrooms

5

Bathrooms

2

Living Area

1485 square feet

Architectural Style

Character

Appliances

WasherRefrigeratorStoveDryer
Exterior & Lot

Lot Size

1.96 acres

Lot Features

AcreagePark settingPartially clearedOther
Building & Utilities

Heating

Heat Pump, Electric

Cooling

Air Conditioned

$2,366,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
5Beds
2Baths
1485sqft
Listing Courtesy of

Office

eXp Realty (NA)

Mortgage Calculator
$473,200

Loan Amount:

$1,892,800

Estimated Monthly Payment:

$9,224

This is an estimate for informational purposes only. Consult with a financial advisor.