
House
4 Bedrooms
2 Bathrooms
Size: 1,742 sqft
Built in 1910
$589,900
About this House in Old City
Charming Character Home with Development Potential on Nanaimo’s Prettiest Street Located on the iconic, tree-lined Kennedy Street—widely regarded as one of Nanaimo’s most beautiful and desirable neighborhoods—this charming property blends timeless character with rental income potential. The existing home features 4 bedrooms and 2 full bathrooms, offering a warm and inviting space perfect for homeowners or as a reliable rental income property. You'll love the preserved old-world architectural details and the spacious, mature yard—ideal for children, pets, or outdoor entertaining. But the opportunity doesn’t stop there: for investors and developers, an approved Development Permit is already in place for a unique live-work complex, including two single-family homes and one duplex. Whether you're looking for a move-in-ready home in a standout location or seeking a promising development site, this property is a rare find in the heart of Nanaimo.
Lot Features Of 540 Kennedy, Old City, Nanaimo
Central Location, Landscaped, Recreation Nearby, Serviced, Shopping Nearby
Listed by RE/MAX of Nanaimo.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board & Vancouver Island Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
More Details
- MLS®997721
- Bedrooms4
- Bathrooms2
- TypeHouse
- Size1,742 sqft
- Lot Size8,702 sqft
- Year Built1910
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More about Old City, Nanaimo
Latitude: 49.158724
Longitude: -123.939815