950 Bruce Ave, Nanaimo, BC, V9R 4A3

MLS® # 1009442

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House For Sale In Nanaimo

$2,499,900

5 Beds

2 Baths

QuickQuote^TM: Not Available

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950 Bruce Ave, Nanaimo, BC, V9R 4A3

$2,499,900

5 Beds

2 Baths

Property Information:

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

Property Features:

Bedrooms: 5
Bathrooms: 2
Annual Tax Amount: $2,982
Architectural Style: Character
Basement: Not Full Height, Unfinished, Walk-Out Access
Built in: 1920
Construction Materials: Frame Wood
Cooling: Air Conditioning
Exterior Features: Fencing: Partial, Garden
Floor Space (approx): 2259 Square Feet
Foundation Details: Concrete Perimeter
Heating: Heat Pump
Laundry Features: In House
Lot Features: Acreage, Cleared, Easy Access, Family-Oriented Neighbourhood, Park Setting, Quiet Area, Recreation Nearby, Shopping Nearby
Lot Frontage: 85377.6 Square Feet
Lot Size: 1.96 Acres
Ownership: Freehold
Parking Features: Detached, Garage Double
Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Property Condition: Updated/Remodeled
Property Sub Type:
Roof: Fibreglass Shingle
Water Source: Municipal
Zoning: R1
Zoning Description: Residential
Sewer:
No. of Parking Spaces: 6

Rooms:

Bedroom Main Level 3.23 m x 3.76 m
Bedroom Main Level 3.43 m x 3.76 m
Kitchen Main Level 3.76 m x 3.17 m
Living Main Level 4.09 m x 3.48 m
Dining Main Level 3.28 m x 3.17 m
Storage Other level :Lower 11.20 m x 6.88 m
Other Main Level 3.28 m x 2.69 m
Other Main Level Note: Bathroom - Aux Bldg
Other Main Level 3.28 m x 1.88 m
Other Main Level 2.41 m x 2.74 m Note: Bedroom - Aux Bldg

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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.

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Lori Brothers

Agent Royal LePage Nanaimo Realty *

Mobile:250.616.0112

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Market Price Trends

All Properties

3.14%

Price change (1 year)

46.99%

Price change (5 years)

Location of 950 Bruce Ave, Nanaimo, BC, V9R 4A3

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

29/100

Moderate-Low

ClimateCheck®

Current data

This property, 950 Bruce Ave , experiences 7 hot days per year at around 29 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 20 hot days at 31.9 degrees Celsius.

Projected Avg. Temperature

Past

29℃

2050

31.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

93/100

High

ClimateCheck®

Current data

This property, 950 Bruce Ave , experiences 12 significant 2-day storms per year, with about 569.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 660mm of precipitation per year.

Precipitation Per Storm

Past

569.5mm

2050

660mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 950 Bruce Ave, Nanaimo, BC, V9R 4A3

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$101,353.76

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.68 %

High school certificate or equivalent

33.59 %

Apprenticeship trade certificate/diploma

10.55 %

College/non-university certificate

17.71 %

University certificate (below bachelor)

0.48 %

University Degree

16.98 %

Commuter

Travel To Work

By Car

86.32 %

By Public Transit

6.13 %

By Walking

3.87 %

By Bicycle

0.0 %

By Other Methods

3.68 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

15.08 %

Houses

84.92 %

Own Vs. Rent

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950 Bruce Ave, Nanaimo, BC, V9R 4A3 $2,499,900 MLS® # 1009442