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
Address
950 Bruce Ave
List Price
$2,366,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na South Nanaimo
Lot Size
85377.6 Sq. Ft.
Lot Size (Acres)
1.96 Ac.
Year Built
1920
MLS® Number
1029348
Listing Brokerage
eXp Realty (NA)
Postal Code
V9R 4A3
Tax Amount
$7,345.00
Tax Year
2025
Features
Electric, Heat Pump, Mixed
Amenities
Acreage, Balcony/Deck, Central Location, Cleared, Family-Oriented Neighbourhood, Fencing: Partial, Garden, Park Setting, Quiet Area, Recreation Nearby, Shopping Nearby