540 Kennedy St Nanaimo, BC V9R 2J7
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,742 sqft
Price per Sqft $429
MLS Listing ID 997721
Style Main Level Entry with Upper Level(s)
Bedrooms 4
Rental Info Unrestricted
Year Built 1910
Annual Tax Amount $4,850
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Single Family Detached
Property Description
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.
Location
State BC
County Nanaimo, City Of
Area Nanaimo
Zoning DT11
Rooms
Basement Crawl Space
Main Level Bedrooms 3
Kitchen 2
Interior
Heating Baseboard, Electric
Cooling None
Heat Source Baseboard, Electric
Laundry In House
Exterior
Parking Features Detached, On Street
Roof Type Asphalt Shingle
Total Parking Spaces 2
Building
Lot Description Central Location, Landscaped, Recreation Nearby, Serviced, Shopping Nearby
Faces South
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Architectural Style Character
Structure Type Frame Wood
Others
Pets Allowed Yes
Tax ID 008-864-152
Ownership Freehold
Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs