950 Bruce Ave

Key facts

• Property type: Multi-family
• Transaction: For Sale
• Price: $2,366,000
• Interior size: 85,378 sqft
• Lot size: 1.96
• Year built: 1920
• Parking: 8
• Listing key: 29493400

Listing overview

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...