950 Bruce Ave
$1,850,000
South Nanaimo
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
About this home
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 travis@travisbriggs.ca or 250-713-5501 (id:65179)
Property details
From the listing's public record.
Lot size
1.96 acres
Year built
1920
Taxes
$7,345/yr
Zoning
Residential
Appliances
Heating
Cooling
Lot
Style
Price history
3 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 1, 2026
Listed $1,850,000
ActiveMLS 1041972Jul 1, 2026
Listed $1,850,000
ActiveMLS 1041976Aug 5, 2025
Listed $2,499,900
Expired177 days on marketMLS 1009442
How this listing compares
Based on 127 sales in South NanaimoMedian sold
$698,000
Avg days on market
41 days
Avg sale-to-list
98.2%
Avg $/sqft
$358
Price per square foot
Above area average
Current market in South Nanaimo
Active (same type)
44
Pending
12
All active listings
109
Months of supply
4.2
Balanced market — 4.2 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$2,366,000
Homes in Nanaimo sell at 103.2% of assessed value on average.
Based on 1129 recent sales.
Local price trend
How South Nanaimo has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
12 sales925 Howard Ave
$890,000
4 bd · 4 ba · 2,806 sqft · $317/sqft · 164 days on market
Sold Jun 29, 2026 · 98.9% of list
228 View St
$440,000
3 bd · 1 ba · 2,035 sqft · $216/sqft · 17 days on market
Sold Jun 29, 2026 · 88.7% of list
682 Bruce Ave
$570,000
3 bd · 1 ba · 1,113 sqft · $512/sqft · 18 days on market
Sold Jun 25, 2026 · 98.3% of list
367 Applewood Cres
$870,000
5 bd · 3 ba · 2,277 sqft · $382/sqft · 17 days on market
Sold Jun 25, 2026 · 98.9% of list
664 Nicol St
$715,000
6 bd · 3 ba · 2,834 sqft · $252/sqft · 22 days on market
Sold Jun 16, 2026 · 98.6% of list
788 Bruce Ave
$588,000
4 bd · 1 ba · 1,726 sqft · $341/sqft · 15 days on market
Sold Jun 16, 2026 · 99.7% of list
659 Lambert Ave
$587,100
2 bd · 1 ba · 897 sqft · $655/sqft · 18 days on market
Sold Jun 16, 2026 · 97.9% of list
624 Winchester Ave
$668,000
3 bd · 2 ba · 1,537 sqft · $435/sqft · 27 days on market
Sold Jun 15, 2026 · 97.5% of list
470 Alpen Way
$939,000
7 bd · 4 ba · 3,672 sqft · $256/sqft · 17 days on market
Sold Jun 11, 2026 · 100% of list
662 Farquhar St
$490,700
2 bd · 1 ba · 2,361 sqft · $208/sqft · 36 days on market
Sold Jun 8, 2026 · 94.7% of list
261 Applegreen Ave
$725,000
3 bd · 3 ba · 1,464 sqft · $495/sqft · 10 days on market
Sold Jun 4, 2026 · 100% of list
909 Brookfield Pl
$710,000
3 bd · 2 ba · 1,256 sqft · $565/sqft · 16 days on market
Sold Jun 3, 2026 · 101.6% of list
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by eXp Realty (NA)