950 Bruce Avenue Avenue

$2,499,900 | South Nanaimo, Nanaimo

950 Bruce Avenue, South Nanaimo, Nanaimo

About this House

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.

Exterior Features Of 950 Bruce, South Nanaimo, Nanaimo

Fencing: Partial, Garden

Lot Features Of 950 Bruce, South Nanaimo, Nanaimo

Acreage, Cleared, Easy Access, Family-Oriented Neighbourhood, Park Setting, Quiet Area, Recreation Nearby, Shopping Nearby

Listed by Royal LePage Nanaimo Realty (NanIsHwyN).

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Features

  • MLS®: 1009442
  • Type: House
  • Bedrooms: 5
  • Bathrooms: 2
  • Square Feet: 1,485 sqft
  • Lot Size: 85,378 sqft
  • Taxes: $2,982 (2024)
  • Parking: 6 Detached, Garage Double
  • Fireplaces: 0
  • Year Built: 1920
  • Style: Character