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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:57571)

Property Details

MLS® Number 997725
Property Type Other
Neigbourhood Old City

Building

Size Exterior 2143 Sqft
Type Commercial Mix

Land

Acreage No
Size Irregular 8702
Size Total 8702 Sqft
Size Total Text 8702 Sqft
Zoning Type Unknown