639 Kennedy St - Photo 1 of 29, Nanaimo, British Columbia
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$750,000

639 Kennedy St — Nanaimo, British Columbia

V9R2J9

8Beds
2Baths
2,352Sq Ft
2Parking
9,405Lot Sq Ft

About This Property

This property offers strong rental income and excellent future potential in the heart of Nanaimo’s Old City. The current dwelling features eight individual studio units with shared bathrooms and laundry facilities, grossing over $6,100 per month in rental revenue. The property is comprised of two separately titled lots, providing an exceptional opportunity for future development—build an additional dwelling on the second lot (details to be confirmed with the City of Nanaimo). Convenient lane access adds further flexibility. Centrally located near downtown amenities, transit, and the waterfront, this property is an ideal addition to any investment portfolio. The home is listed on the heritage register as a non-protected property; it was originally the Dykes Residence. The current use with cooking facilities in each unit has non-conforming status, see more info from City on supplements. All data & measurements are approximate and must be verified if fundamental. (id:63357)

Property Location

Property Details

Property Type
Detached
Bedrooms
8
Bathrooms
2
Living Area
2,352 sqft
Status
Active

Location & Neighborhood

What's nearby 639 Kennedy St

Lifestyle Summary

At 639 Kennedy Street, your daily routine is seamlessly integrated into the rhythm of Nanaimo life. With a short stroll of just one minute, you can catch the bus at Victoria at Kennedy (SB), placing the entire city at your fingertips. Whether commuting for work or embarking on weekend adventures, this transit-oriented location ensures your travel is easy and stress-free. With multiple transit stops within a quick five-minute walk, including Milton at Haliburton (WB) and Haliburton at Sabiston (NB), you'll appreciate the convenience of urban mobility without sacrificing comfort. On weekends, start your day with a leisurely walk to the nearby Deverill Square Gyro 2 Park, just four minutes away, where you can enjoy a morning jog or a peaceful moment under the trees. If you have children, you’ll find NUKO Learning Centre and Jolly Giant Childcare both just six minutes away, making drop-offs and pick-ups a breeze. Bayview Elementary School is only an additional minute farther, ensuring your family is well-connected to excellent educational opportunities without the hassle of long commutes. When hunger strikes, indulge in the culinary delights of your neighborhood. Within a short five-minute walk, savor the rich flavors at Indian Grill's, or unwind at the charming Bar Luna, just two minutes further. If you’re in the mood for sushi, Nana Sushi awaits you a mere nine minutes away. Evenings can be spent sharing delicious pizzas from Bastion Pizza Company, perfect for cozy nights in or entertaining friends. For quick errands, the Superette is just five minutes on foot, allowing for last-minute grocery runs or picking up essentials. Health needs are also conveniently met with Central Drugs nearby. With parks, schools, and an array of dining options all within walking distance, living at 639 Kennedy Street means embracing a family-friendly lifestyle that prioritizes convenience and connection.

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

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Health

POI data updated recently

Price History

$750,000

Feb 26, 2026

$50,000

-6.3%

Nanaimo Market Snapshot

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Active Listings

$735K

Median Price

0

Avg Days on Market

Last updated: Mar 18, 2026

Listed by

REMAX Professionals (NA)

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Oakwyn Realty Ltd.

Search Listings Online Inc.

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REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

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