950 Bruce Ave, Nanaimo, BC

$2,499,900

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5

Beds

2

Baths

1,485

Square feet

1.96

Acres

About 950 Bruce Ave

This prime 2-acre development site in South Nanaimo presents an outstanding opportunity. Currently zoned R1 but the City has indicated they’d support multifamily rezoning. The property is easily accessible with dual road access, full services and easy level building sites enhancing its appeal for potential developers and investors. At the forefront of this property is a charming classic Heritage home, which has been thoughtfully updated to complement the new subdivision plans. As one of the last remaining development parcels available in the area, it offers significant potential for growth and housing. Additionally, the property features a detached garage along with a small carriage house or studio, providing extra space for either storage or creative endeavors. The property also backs onto a new subdivision and park designated for potential farming opportunities as well. Situated within walking distance to shopping, schools, and local amenities.

Basic Information

Price $2,499,900
MLS® # 1009442
Sub-Type Single Family Detached
Year Built 1920
Beds 5
Baths 2.00
Kitchens 2
Building SqFt 2,259
Lot Size 1.96 Acres

Location Information

Address 950 Bruce Ave
Postal Code V9R 4A3
Area Nanaimo
Sub Area South Nanaimo
Jurisdiction City of Nanaimo
PID Number 025-717-570
Waterfront? No

Features & Amenities

Water Municipal
Sewer Sewer Connected
Heating Heat Pump
Cooling Air Conditioning
Foundation Details Poured Concrete
Property Condition Updated/Remodeled
Laundry In House
Parking Detached, Garage Double

Additional Information

Pet Policy Aquariums, Birds, Caged Mammals, Cats, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No
Lot Features Acreage, Cleared, Easy Access, Family-Oriented Neighbourhood, Park Setting, Quiet Area, Recreation Nearby, Shopping Nearby

Listing Details

OfficeRoyal LePage Nanaimo Realty (NanIsHwyN)

Listing Map