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$750,000
British Columbia,Nanaimo
For Sale Active
639 Kennedy St, Nanaimo, British Columbia V9R2J9
  • 8
  • 2
  • 2,352 Sqft
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Basic Details
Description

This property offers strong rental income and excellent future potential in the heart of Nanaimo’s Old City. The current dwelling features eight individual studio units with shared bathrooms and laundry facilities, grossing over $6,100 per month in rental revenue. The property is comprised of two separately titled lots, providing an exceptional opportunity for future development—build an additional dwelling on the

second lot (details to be confirmed with the City of Nanaimo). Convenient lane access adds further flexibility. Centrally located near downtown amenities, transit, and the waterfront, this property is an ideal addition to any investment portfolio. The home is listed on the heritage register as a non-protected property; it was originally the Dykes Residence. The current use with cooking facilities in each unit has non-conforming status, see more info from City on supplements. All data & measurements are approximate and must be verified if fundamental. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 1018400
  • Price: $750,000
  • Bedrooms: 8
  • Bathrooms: 2
  • Square Footage: 2,352 Sqft
  • Status: Active
  • Office Name: REMAX Professionals (NA)
  • Property Sub Type: Single Family
  • Office Key: 131042
Features & Appliances
Features
  • Heating System: Forced air
  • Cooling System: None
  • Parking: Open
Address Map
  • Location: CA, British Columbia, Nanaimo, V9R2J9
  • Street: Kennedy
  • Street Number: 639
  • Street Suffix: Street
  • Longitude: W124° 3' 47.8''
  • Latitude: N49° 9' 26.7''
  • Zoning: Multi-Family
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 9405
Financial
  • Tax Annual Amount: 5942
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Listing updated: 2026-03-04 04:44:46
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Listing Information
  • List Agent Key: 2157787
  • List Office Key: 131042
  • Modification Timestamp: 2026-02-18T17:55:26Z
  • Originating System Name: Vancouver Island Real Estate Board
  • Status Change Timestamp: 2026-02-18T17:42:50Z
Powered by REALTOR.ca
Listing updated: 2026-03-04 04:44:46
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