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John Cooper

john@johncooper.ca +1(250) 619-9207

Listed by Travis Mickelson REMAX Professionals (NA)

$ 750,000

Est. payment -/mo

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Active

639 Kennedy St Nanaimo, BC V9R 2J9

8 Beds

2 Baths

2,352 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,352 sqft

Price per Sqft $318

MLS Listing ID 1018400

Style Main Level Entry with Lower/Upper Lvl(s)

Bedrooms 8

Three Quarter Bath 1

HOA Y/N No

Annual Tax Amount $5,942

Tax Year 2025

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Single Family Residence

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.

Location

Province BC

County Nanaimo, City Of

Community Na Old City

Area Nanaimo

Zoning R14

Rooms

Kitchen 0

Interior

Heating Forced Air

Cooling None

Fireplace No

Laundry Common Area

Exterior

Parking Features Open

Garage Spaces 2.0

View Y/N No

Roof Type Fibreglass Shingle

Street Surface Paved

Total Parking Spaces 2

Garage No

Building

Lot Description Shopping Nearby

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Municipal

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

Special Listing Condition Resale

Nearby School & Business

John Cooper

Agent | License ID: 1184085

+1(250) 619-9207

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