Address
950 Bruce Ave, Nanaimo, BC
Price
$ 1,850,000
Property Attributes
- MLS#1041976
- TypeCommercial
- Listing Status Active
- CityNanaimo
- AreaNanaimo
- NeighbourhoodNa South Nanaimo
- Postal CodeV9R 4A3
- StyleMulti Family
- Year Built1920
- Taxes$ 7345
- Price$ 1,850,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage85377
- Lot Size1.96 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
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.
General Features
| Sewer | Sewer Connected |
|---|---|
| Heating | Electric,Heat Pump |
| Cooling | Air Conditioning |
| Zoning | R1 |
| Property Subtype | Multi Family |
| Property Type | Commercial Sale |
| Parking Total | 8 |
| Construction Materials | Frame Wood,Insulation: Ceiling,Insulation: Walls |
| Commercial Area | Core (excl Downtown) |
| Commercial Listing Type | Building,Land |
Interior Features
| Flooring | Mixed |
|---|---|
| Total Units | 2 |
Exterior Features
| Building Features | Basement,Parking,Shopping Nearby,Storage Room,Workshop |
|---|---|
| Exterior Features | Balcony/Deck,Fencing: Partial,Garden |
| Lot Features | Acreage,Central Location,Cleared,Family-Oriented Neighbourhood,Park Setting,Quiet Area,Recreation Nearby,Shopping Nearby |
| Water Source | Municipal |
| Foundation | Poured Concrete |
| Building Area Total | 85377.60 |
| Lot Size Square Feet | 85377.60 |
| Lot Size Acres | 1.96 |
| Parking Onsite YN | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in V9R 4A3
Price
Taxes
Year Built
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Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2026 All rights reserved.
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