540 Kennedy St, Nanaimo, BC
$589,900
Square feet
Acres
About 540 Kennedy St
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.
Commercial Sale home for sale in Nanaimo, BC at 540 Kennedy St. This Commercial Sale home is priced at $275/sqft
Features of 540 Kennedy St
| MLS® # | 997725 |
|---|---|
| Price | $589,900 |
| Square Footage | 2,143 |
| Acres | 0.20 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information: Nanaimo
| Address | 540 Kennedy St |
|---|---|
| Area | Na Old City |
| City | Nanaimo |
| County | Nanaimo, City of |
| Province | BC |
| Postal Code | V9R 2J7 |
Amenities of 540 Kennedy St
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior of 540 Kennedy St
| Fireplace | No |
|---|
Additional Information On 540 Kennedy St
| Date Listed | May 8th, 2025 |
|---|---|
| Days on Market | 178 |
| Office | RE/MAX of Nanaimo |