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Days On Market: 176
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8 2 2,352 sqft
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Residential

$750,000
639 Kennedy St, Nanaimo, BC

Address

639 Kennedy St, Nanaimo, BC

Price

$750,000

Bedrooms

8

Bathrooms

2

Square Feet

2,352

Property 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.

Room Details

Bathroom

Level: Main level

Dimensions: 4-Piece

Bedroom

Level: Main level

Dimensions: 15\'2 x 15\'5

Bedroom

Level: Main level

Dimensions: 14\'2 x 9\'4

Bedroom

Level: Main level

Dimensions: 14\'2 x 13\'3

Bedroom

Level: Main level

Dimensions: Measurements not available x 15 ft
Size: Width: 15 ft

Laundry room

Level: Main level

Dimensions: 6\'8 x 7\'5

Interested in this property?

Contact Scott Parker Personal Real Estate Corporation for more information

Property Details

MLSĀ® Number: 1018400
Property Type: Residential
Property Subtype: Single Family Detached
Status: Active
Lot Size: 0.22 acres
Area: Nanaimo - Na Old City
Annual Tax: $5,942 (2025)
Days on Market: 176 days

Additional Property Details

Building Type: House
Interior Size: 2352 sqft
Cooling: None

Property Features & Amenities

Features: Other

Parking & Land Details

Parking Spaces: 2
Land Size: 9405 sqft
Acreage: false

Landscape & Property Information

Irregular Land Size: 9405
Ownership Type: Freehold
Transaction Type: For sale

MLSĀ® Number

1018400

Property Location

639 Kennedy St, Nanaimo, BC

Listed by REMAX Professionals (NA)

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