950 Bruce Ave, Nanaimo, BC, V9R 4A3

$2,499,900

MLS® # 1009442

House For Sale In Five Acres, Nanaimo, British Columbia

$2,499,900

  • 5

    Bedrooms

  • 2

    Baths

  • 1.96 Acres

    Lot Size

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

Courtesy of: Royal LePage Nanaimo Realty

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.

Additional Photos