Character, Income & Opportunity in Nanaimo’s Old City | Here’s your chance to own a piece of Nanaimo’s history while securing solid income and future development potential. This charming 1910 character home sits on a generous, R14-zoned fourplex lot right in the heart of the vibrant Old City. Perched on desirable Kennedy Street with ocean views and convenient alley access, this 3-unit property is an investor’s dream. With tenants currently bringing in $4,200/month, it’s a turnkey income producer as you plan your next move. The large double lot offers plenty of possibilities in line with the City’s push for increased density. Inside, the home’s timeless charm has been maintained while accommodating modern needs — a nice blend of character and function. Don’t miss this opportunity to secure income today and unlock development potential tomorrow — all in one of Nanaimo’s most sought-after neighborhoods. All measurements are approximate.
For sale
C$799,900
418 Kennedy St, Nanaimo, BC V9R 2J5
4beds
3baths
3,034sqft
Single Family Residence
Built in 1910
9,583.2 Square Feet Lot
$-- Zestimate®
C$264/sqft
C$-- HOA
What's special
Desirable kennedy streetOcean viewsConvenient alley accessLarge double lotTimeless charmModern needs
- 26 days
- on Zillow |
- 188 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 04:22pm
Listed by:
Martin Velsen Personal Real Estate Corporation,
REMAX Professionals
Source: VIVA,MLS®#: 1004359
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 2
Kitchen
- Level: Main,Lower,Second
Heating
- Baseboard, Electric, Heat Pump
Cooling
- Other
Appliances
- Laundry: Common Area
Features
- Storage
- Flooring: Mixed
- Basement: Full,Partially Finished,Walk-Out Access,With Windows
- Has fireplace: No
Interior area
- Total structure area: 3,034
- Total interior livable area: 3,034 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Open, RV Access/Parking
- Has uncovered spaces: Yes
Features
- Levels: 3
- Entry location: Main Level
- Patio & porch: Balcony/Deck
- Exterior features: Garden
- Fencing: Partial
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 9,583.2 Square Feet
- Features: Central Location, Shopping Nearby
Details
- Parcel number: 000988014
- Zoning: R13
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Character
- Property subtype: Single Family Residence
Materials
- Insulation: Ceiling, Insulation: Walls, Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1910
Utilities & green energy
- Water: Municipal
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Nanaimo
Financial & listing details
- Price per square foot: C$264/sqft
- Tax assessed value: C$667,000
- Annual tax amount: C$4,631
- Date on market: 7/2/2025
- Ownership: Freehold
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