540 Kennedy Street, Old City, Nanaimo

540 Kennedy Street

Old City, Nanaimo

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.

Read More

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.

Victoria and Vancouver Island MLS® Reciprocity 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

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lattitude: 49.158724

longitude: -123.939815

V9R 2J7


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