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$1,730,000
British Columbia,Nanaimo
For Sale Active
640 Kennedy St, Nanaimo, British Columbia V9R2J8
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Basic Details
Description

Renovated 5-Plex + Separate Legal Lot in Prime Old City Nanaimo. Rare opportunity to own a renovated 5-plex with a separately titled legal lot in Nanaimo’s sought-after Old City Area. Extensively updated since 2006, this income-producing property blends historic character with modern upgrades, making it a true turnkey investment. The building features five self-contained units, each with separate meters, laundry

and hot water tanks, upgraded electrical, and strong rental appeal. Investors will appreciate the multiple income streams and long-term stability in this prime central location. The additional legal lot (prelim building plans available), zoned R14, offers exceptional flexibility-hold for future development, expand, or explore creative redevelopment options. Properties offering this level of income, condition, and upside potential rarely come to market. An outstanding opportunity to secure a high-performing asset with future growth potential. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 1025798
  • Price: $1,730,000
  • View: Mountain view
  • Status: Active
  • Office Name: 460 Realty Inc. (NA)
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 274487
Features & Appliances
Features
  • Heating System: Baseboard heaters
  • Cooling System: None
Address Map
  • Location: CA, British Columbia, Nanaimo, V9R2J8
  • Street: Kennedy
  • Street Number: 604
  • Street Suffix: Street
  • Longitude: W124° 3' 42.2''
  • Latitude: N49° 9' 29.5''
  • Zoning: Unknown
Additional Information
  • Business Type: Accommodation
  • Lot Features:
  • Lot Size Dimensions: 9405
  • Number Of Units Total: 5
Financial
  • Tax Annual Amount: 8816
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Listing updated: 2026-03-04 01:32:00
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Listing Information
  • List Agent Key: 1756870
  • List Office Key: 274487
  • Modification Timestamp: 2026-02-17T17:35:27Z
  • Originating System Name: Vancouver Island Real Estate Board
  • Status Change Timestamp: 2026-02-17T17:23:07Z
Powered by REALTOR.ca
Listing updated: 2026-03-04 01:32:00
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