Area: British Columbia
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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. (id:44056)

Property Details

Full Address:
540 Kennedy St, Nanaimo, British Columbia
Price:
$ 589,900
MLS Number:
997721
List Date:
May 8th, 2025
Lot Size:
8702 sq.ft.
Year Built:
1910
Taxes:
$ 4,850

Interior Features

Bedrooms:
4
Bathrooms:
2
Air Conditioning:
None
Heating:
Baseboard heaters, Electric

Building Features

Architectural Style:
Character
Zoning:
Residential
Garage Spaces:
2
Ownership Type:
Freehold
Taxes:
$ 4,850

Floors

Finished Area:
2143 sq.ft.
Main Floor:
1742 sq.ft.

Land

Lot Size:
8702 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Kelly Whitton Personal Real Estate Corporation REMAX Professionals (NA)
 250-933-5333
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Listing Agent(s)

Listing: Kelly Whitton
REMAX Professionals (NA)

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