Skip to content
Renanza Realty
For sale

950 Bruce Ave

Nanaimo, British Columbia

MLS® 1041976

$1,850,000

Status
Active
Property type
Multi-family
MLS® number
1041976
Bedrooms
Bathrooms
Year built
1920

Listing 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 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 travisbriggs. ca or 250-713-5501

Property summary

MLS® number
1041976
Property type
Multi-family
Building type
Multi-Family
Title
Freehold
Land size
1.96 acres
Built in
1920
Annual property taxes
$7,345.00
Parking
8 spaces
Days on market
59 days

Features & details

Heating
Heat Pump, Electric
Cooling
Air Conditioned
Lot features
Acreage, Central location, Park setting, Partially cleared, Other

What would this home cost you?

Based on the $1,850,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$8,608 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of eXp Realty (NA), Nanaimo.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.