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$639,000
Est. payment /mo
8,712 Sqft Lot
Price Dropped by $36K
540 Kennedy St Nanaimo, BC V9R 2J7
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 997725
Rental Info Unrestricted
Annual Tax Amount $4,850
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Mixed Use
Property Description
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.
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.
Location
Province BC
County Nanaimo, City Of
Area Na Old City
Exterior
Parking On Site 1
Others
Pets Allowed Yes
Tax ID 008-864-152
Ownership Freehold
Listed by RE/MAX of Nanaimo