4 Bedrooms
2 Bathrooms
2 Detached, On Street Parking
1,742 sqft
$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.
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
- Bedrooms: 4
- Bathrooms: 2
- Type: House
- Square Feet: 1,742 sqft
- Lot Size: 8,702 sqft
- Taxes: $4,850 (2024)
- Parking: 2 Detached, On Street
- Fireplaces: 0
- Year Built: 1910
- Style: Character

More About Old City, Nanaimo
lattitude: 49.158724
longitude: -123.939815
V9R 2J7