Acreage

950 Bruce Ave

South Nanaimo, Nanaimo, BC

MLS® 1041972 · 70 days on market

$1,850,000

2 acres

5 bed · 2 bath · 1,485 sqft

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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 travis@travisbriggs.ca or 250-713-5501 (id:63159)

Property Details

Property & Lot

Sub-type
House
Style
Character
Year built
1920
Lot size
2 acres
Zoning
Residential — R1
Title
Freehold

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Air Conditioned
Appliances
Washer, Refrigerator, Dryer

Exterior & Land

Lot features
Acreage, Park setting, Partially cleared, Other

Building & Utilities

Parking spaces
8
Parcel ID (PID)
025-717-570

Room Dimensions

RoomLevelDimensions
BathroomAuxiliary Building3-Piece
BedroomAuxiliary Building7'11
Living roomAuxiliary Building8'10 x 10'9
KitchenAuxiliary Building6'2 x 10'9
StorageLower level22'7 x 36'9
StorageLower level
BedroomLower level12'4 x 17'7
Laundry roomMain level6'1 x 5'5
BathroomMain level4-Piece
BedroomMain level11'4 x 8'6
BedroomMain level12'4 x 10'7
BedroomMain level12'4 x 11'3
KitchenMain level10'5 x 12'4
Dining roomMain level10'5 x 10'9
Living roomMain level11'5 x 13'5
Annual property tax
$7,345
Brokerage
eXp Realty (NA)

Location Insights

Population

99,863

(2021 Census)

+10.3% since 2016

Density
1,104.1/km²
Dwellings
45,138
Median household income
$75,500
After-tax
$68,500
Immigrant population
16.1%

Top countries of origin

  • United Kingdom3.5% · 3,495
  • China1.3% · 1,285
  • United States of America1.2% · 1,155
  • India1.1% · 1,075
  • Philippines1% · 1,040
  • Germany0.6% · 635
  • Korea, South0.5% · 470
  • Viet Nam0.5% · 455

Source: Statistics Canada, 2021 Census of Population.

Weather

Mostly Cloudy

19°C

Mostly Cloudy

Humidity 63%

Wind NE 8 km/h

Today

24°

Tonight

14°

Thursday

22°

Thursday night

11°

Friday

16°

Friday night

12°

Source: Environment and Climate Change Canada.

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