Address
639 Kennedy St, Nanaimo, BC
Price
$ 740,000
Property Attributes
- MLS#1038726
- TypeSingle Family
- Listing Status Active
- CityNanaimo
- AreaNanaimo
- NeighbourhoodNa Old City
- Postal CodeV9R 2J9
- StyleSingle Family Detached
- Taxes$ 5942
- Price$ 740,000
- Bedrooms8
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2352
- Lot Size0.22 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
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.
General Features
| Living Area | 2352.00 |
|---|---|
| Sewer | Sewer Connected |
| Heating | Forced Air |
| Cooling | None |
| Roof | Fibreglass Shingle |
| Pets Allowed | Aquariums,Birds,Caged Mammals,Cats,Dogs |
| Zoning | R14 |
| Property Subtype | Single Family Detached |
| Property Type | Residential |
| Parking Total | 2 |
| Construction Materials | Frame Wood |
| Zoning Type | Multi-Family |
| Bathrooms Count Main Level | 1 |
Interior Features
| Basement | Not Full Height,Unfinished |
|---|---|
| Basement Y/N | Yes |
| Total Units | 8 |
| Laundry Features | Common Area |
| Living Area Third | 0.00 |
| Living Area Second | 1160.00 |
| Living Area Other | 0.00 |
| Living Area Main | 1192.00 |
| Living Area Lower | 0.00 |
| Building Area Unfinished | 0.00 |
| Bedrooms Or Dens Total | 8 |
| Bedrooms Count Second Level | 4 |
| Bedrooms Count Main Level | 4 |
| Bathrooms Count Second Level | 1 |
| Bath 4 Piece Total | 1 |
| Bath 3 Piece Total | 1 |
| Basement Height Feet | 6 |
Exterior Features
| Lot Features | Shopping Nearby |
|---|---|
| Water Source | Municipal |
| Parking Features | Open |
| Foundation | Poured Concrete |
| Building Area Total | 2352.00 |
| Lot Size Square Feet | 9405.00 |
| Lot Size Acres | 0.22 |
Amenities
- Foreclosure
- Views
- Short Sale
- 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
Taxes
Visits
In The Neighbourhood
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
$ 749,900
- Type
- Single Family
- Size
- 1,755 SqFt
- Rooms
- 4 Beds + 4 Baths
HOMELAB Real Estate Group
Nanaimo
$ 979,000
- Type
- Single Family
- Size
- 1,170 SqFt
- Rooms
- 2 Beds + 2 Baths
Royal LePage Nanaimo Realty (NanIsHwyN)
Nanaimo
$ 699,900
- Type
- Single Family
- Size
- 2,450 SqFt
- Rooms
- 4 Beds + 4 Baths
REMAX Professionals (NA)
Nanaimo
$ 579,900
- Type
- Single Family
- Size
- 1,256 SqFt
- Rooms
- 3 Beds + 1 Baths
REMAX Professionals (NA)
Nanaimo
$ 568,000
- Type
- Single Family
- Size
- 710 SqFt
- Rooms
- 3 Beds + 1 Baths
Sutton Group-West Coast Realty (Nan)
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