Presented by Robert J. Iio Personal Real Estate Corporation — Team 110 RE/MAX Real Estate (Kamloops).
640 Kennedy St Nanaimo, British Columbia V9R 2J8
$1,730,000
Renovated 5-Plex + Separate Legal Lot in Prime Old City Nanaimo. Rare opportunity to own a renovated 5-plex with a separately titled legal lot in Nanaimo’s sought-after Old City Area. Extensively updated since 2006, this income-producing property blends historic character with modern upgrades, making it a true turnkey investment. The building features five self-contained units, each with separate meters, laundry and hot water tanks, upgraded electrical, and strong rental appeal. Investors will appreciate the multiple income streams and long-term stability in this prime central location. The additional legal lot (prelim building plans available), zoned R14, offers exceptional flexibility-hold for future development, expand, or explore creative redevelopment options. Properties offering this level of income, condition, and upside potential rarely come to market. An outstanding opportunity to secure a high-performing asset with future growth potential. (id:61048)
Business
| Business Type | Accommodation |
Property Details
| MLS® Number | 1025798 |
| Property Type | Multi-family |
| Neigbourhood | Old City |
| Features | Other |
| View Type | Mountain View |
Building
| Cooling Type | None |
| Heating Type | Baseboard Heaters |
| Size Exterior | 6593 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Size Irregular | 9405 |
| Size Total | 9405 Sqft |
| Size Total Text | 9405 Sqft |
| Zoning Description | R14 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/29350438/640-kennedy-st-nanaimo-old-city
Contact Us
Contact us for more information
Phillip Gonyer
Personal Real Estate Corporation
www.philgonyerhomes.com/
202-1551 Estevan Road
Nanaimo, British Columbia V9S 3Y3
(250) 591-4601
(250) 591-4602
www.460realty.com/
twitter.com/460Realty
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February 11 2026 07:42:33
Vancouver Island Real Estate Board
460 Realty Inc. (Na)