Property Information:

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 Features:

Annual Tax Amount: $7,345
Building Features: Basement, Parking, Shopping Nearby, Storage Room, Workshop
Built in: 1920
Construction Materials: Frame Wood, Insulation: Ceiling, Insulation: Walls
Cooling: Air Conditioning
Exterior Features: Balcony/Deck, Fencing: Partial, Garden
Floor Space (approx): 85377.6 Square Feet
Flooring: Mixed
Foundation Details: Concrete Perimeter
Heating: Electric, Heat Pump
Lot Features: Acreage, Central Location, Cleared, Family-Oriented Neighbourhood, Park Setting, Quiet Area, Recreation Nearby, Shopping Nearby
Lot Frontage: 85377.6 Square Feet
Lot Size: 1.96 Acres
Ownership: Freehold
Parking Features: On Site
Property Condition: Updated/Remodeled
Property Sub Type: Multi Family
Water Source: Municipal
Zoning: R1
Sewer:
No. of Parking Spaces: 8

Courtesy of: eXp Realty (NA)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Demographic Information of 950 Bruce Ave, Nanaimo, BC, V9R 4A3

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$100,809.11

Average Number of Children

1.77

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.73 %

High school certificate or equivalent

33.33 %

Apprenticeship trade certificate/diploma

10.41 %

College/non-university certificate

18.52 %

University certificate (below bachelor)

1.33 %

University Degree

17.67 %

Commuter

Travel To Work

By Car

91.62 %

By Public Transit

2.91 %

By Walking

2.51 %

By Bicycle

0.0 %

By Other Methods

2.96 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.06 %

Houses

97.94 %

950 Bruce Ave, Nanaimo, BC, V9R 4A3