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:4069)
Address
540 Kennedy St
List Price
$749,000
Property Type
Other
Type of Dwelling
Commercial Mix
Area
British Columbia
Sub-Area
Nanaimo
Lot Size
8702 Sq. Ft.
MLS® Number
997725
Listing Brokerage
RE/MAX of Nanaimo
Postal Code
V9R2J7
