Address
639 Kennedy St, Nanaimo, BC
Price
$ 740,000
Property Attributes
- ID#1038726
- TypeSingle Family
- Listing Status Active
- MunicipalityNanaimo
- CityNanaimo
- AreaNanaimo
- NeighbourhoodOld City
- Postal CodeV9R 2J9
- Style
- Price$ 740,000
- Bedrooms8
- Bathrooms2
- Half Bathrooms0
- Sqr Footage2352
Data Source:
Canadian Real Estate Association (CREA)
Property Description
This property offers strong rental income and excellent future potential in the heart of Nanaimo’s Old City. The current dwelling features eight individual studio units with shared bathrooms and laundry facilities, grossing over $6,100 per month in rental revenue. The property is comprised of two separately titled lots, providing an exceptional opportunity for future development—build an additional dwelling on the second lot (details to be confirmed with the City of Nanaimo). Convenient lane access adds further flexibility. Centrally located near downtown amenities, transit, and the waterfront, this property is an ideal addition to any investment portfolio. The home is listed on the heritage register as a non-protected property; it was originally the Dykes Residence. The current use with cooking facilities in each unit has non-conforming status, see more info from City on supplements. All data & measurements are approximate and must be verified if fundamental. (id:7434)
General Features
| Features | Other |
|---|---|
| Property Type | Single Family |
| Zoning Description | R14 |
| ZoningType | Multi-Family |
| Neighbourhood | Old City |
| Building Cooling Type | None |
| Parking Space Total | 2 |
| Building Type | House |
| Ownership Type | Freehold |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Living Area Range | 2352 |
| Bedrooms | 8 |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| Bathroom | 4-Piece | Main level | ||
| Bedroom | Measurements not available x 1 | Main level | 15 ft | |
| Laundry room | 6'8 x 7'5 | Main level |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in V9R 2J9
Price
In The Neighbourhood
Open House
Nanaimo
$ 829,900
- Type
- Single Family
- Size
- 2,772 SqFt
- Rooms
- 3 Beds + 3 Baths
Oakwyn Realty Ltd. (NA)
Open House
Nanaimo
$ 799,000
- Type
- Single Family
- Size
- 2,582 SqFt
- Rooms
- 6 Beds + 2 Baths
Team 3000 Realty Ltd
Nanaimo
$ 717,500
- Type
- Single Family
- Size
- 1,755 SqFt
- Rooms
- 4 Beds + 4 Baths
HOMELAB Real Estate Group
Nanaimo
$ 1,050,000
- Type
- Single Family
- Size
- 2,993 SqFt
- Rooms
- 7 Beds + 3 Baths
REMAX Professionals (NA)
Nanaimo
$ 689,900
- Type
- Single Family
- Size
- 2,196 SqFt
- Rooms
- 3 Beds + 2 Baths
Royal LePage Nanaimo Realty (NanIsHwyN)
Nanaimo
$ 729,500
- Type
- Single Family
- Size
- 1,755 SqFt
- Rooms
- 4 Beds + 4 Baths
HOMELAB Real Estate Group
Nanaimo
$ 699,900
- Type
- Single Family
- Size
- 2,450 SqFt
- Rooms
- 4 Beds + 4 Baths
REMAX Professionals (NA)
Nanaimo
$ 568,000
- Type
- Single Family
- Size
- 710 SqFt
- Rooms
- 3 Beds + 1 Baths
Sutton Group-West Coast Realty (Nan)
Nanaimo
$ 599,900
- Type
- Single Family
- Size
- 1,609 SqFt
- Rooms
- 3 Beds + 1 Baths
REMAX Professionals (NA)
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating