
950 Bruce Ave
$1,850,000
South Nanaimo
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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 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
Unknown
Heating
Cooling
Lot
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3 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.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 12 sales in NanaimoMedian sold
$718,500
Avg days on market
36 days
Avg sale-to-list
96.1%
Avg $/sqft
$337
Current market in Nanaimo
Active (same type)
18
Pending
1
All active listings
916
Months of supply
18
Buyer's market — 18 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$2,366,000
Homes in Nanaimo sell at 97.4% of assessed value on average.
Based on 12 recent sales.
Local price trend
How South Nanaimo has moved over the last decade.
Local price index (normalized) · 5 months
Recent nearby sales
7 sales2148 Dodds Rd
$715,000
4 bd · 2 ba · 1,760 sqft · $406/sqft · 54 days on market
Sold Jun 15, 2026 · 96.6% of list
5858/5856 Annsobel Cir
$753,500
6 bd · 4 ba · 2,632 sqft · $286/sqft · 37 days on market
Sold Jun 5, 2026 · 100.5% of list
5997/6001 Hammond Bay Rd
$1,075,000
9 bd · 6 ba · 4,440 sqft · $242/sqft · 33 days on market
Sold Jun 4, 2026 · 97.7% of list
1140 Beaufort Dr
$685,000
4 bd · 2 ba · 1,870 sqft · $366/sqft · 18 days on market
Sold Jun 3, 2026 · 97.9% of list
604 Kennedy St
$1,600,000
10 bd · 5 ba · 6,593 sqft · $243/sqft · 31 days on market
Sold Mar 31, 2026 · 92.5% of list
502 Elizabeth St
$635,000
4 bd · 4 ba · 1,556 sqft · $408/sqft · 45 days on market
Sold Jan 29, 2026 · 90.7% of list
103/105 Duggan Pl
$722,000
6 bd · 4 ba · 2,640 sqft · $273/sqft · 44 days on market
Sold Jan 6, 2026 · 93.2% of list
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.