Luxury Victoria Waterfront Listings
950 Bruce Ave
Na South Nanaimo
Nanaimo
V9R 4A3
$2,366,000
Commercial Sale
built: 1920
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1029348
- Year Built:
- 1920
- Photos (63)
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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 Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Year built:
- 1920 (Age: 106)
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Na South Nanaimo, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 1.96 acre(s)0.79 hectare(s)
- Taxes:
- Signup
- Building Features:
- Basement, Parking, Shopping Nearby, Storage Room, Workshop
- Construction:
- Frame Wood, Insulation: Ceiling, Insulation: Walls
- New Construction:
- No
- Foundation:
- Concrete Perimeter
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 1.96 acre(s)0.79 hectare(s)
- Commercial Area:
- Signup
- Subdivisable Area:
- Yes
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- Air Conditioning
- Heating:
- Electric, Heat Pump
- Fireplace:
- No
- Pending Date:
- Signup
- Balcony/Deck, Fencing: Partial, Garden
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Lot Site Features:
- Acreage, Central Location, Cleared, Family-Oriented Neighbourhood, Park Setting, Quiet Area, Recreation Nearby, Shopping Nearby
- Parking Features:
- On Site
- Total Parking Spaces:
- 8
- Road Frontage Type:
- Lane
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Mar 19, 2026
- Original Price:
- 2366000.0
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Larger map options:
Listed by eXp Realty (NA)
Data was last updated March 30, 2026 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $1,150,000
- Min list price:
- $399,000
- Max list price:
- $7,250,000
- Avg days on market:
- 167
- Min days on market:
- 5
- Max days on market:
- 340
These statistics are generated based on the current listing's property type
and located in
Na South Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.
