540 Kennedy St Nanaimo, British Columbia V9R 2J7
$749,000
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:46156)
Property Details
| MLS® Number | 997721 |
| Property Type | Single Family |
| Neigbourhood | Old City |
| Features | Central Location, Other |
| Parking Space Total | 2 |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 4 |
| Architectural Style | Character |
| Constructed Date | 1910 |
| Cooling Type | None |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 2,143 Ft2 |
| Total Finished Area | 1742 Sqft |
| Type | House |
Land
| Acreage | No |
| Size Irregular | 8702 |
| Size Total | 8702 Sqft |
| Size Total Text | 8702 Sqft |
| Zoning Description | Dt11 |
| Zoning Type | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 12'9 x 17'9 | ||
| Second Level | Bathroom | 6'9 x 7'10 | ||
| Second Level | Kitchen | 11'3 x 21'11 | ||
| Main Level | Primary Bedroom | 12'6 x 12'9 | ||
| Main Level | Bedroom | 12'0 x 11'3 | ||
| Main Level | Bedroom | 12'6 x 9'10 | ||
| Main Level | Living Room | 16'6 x 14'3 | ||
| Main Level | Bathroom | 6'11 x 8'3 | ||
| Main Level | Laundry Room | 6'11 x 5'3 | ||
| Main Level | Pantry | 4'5 x 9'4 | ||
| Main Level | Kitchen | 13'9 x 13'9 | ||
| Main Level | Entrance | 8'1 x 4'1 |
https://www.realtor.ca/real-estate/28281011/540-kennedy-st-nanaimo-old-city
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 08 2025 05:02:53
Vancouver Island Real Estate Board
RE/MAX Of Nanaimo
