For sale

$740,000

Est. $3,509/mo —

•

2 ba

•

2,352

sq ft

639 Kennedy St, Nanaimo, BC V9R 2J9

About this home

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:51075)

Single-familyProperty Type

9,405 sq ftLot Size

$315Price/Sq.Ft.

2 spacesParking

Listed by Travis Mickelson

Listing updated: Sep 10, 2026 at 10:42am

Redfin checked: 9 minutes ago

•Source:CREA #1038726

Open houses

No upcoming open houses.

Around this home

Schools

0.5km

Bayview Elementary School

Public, K-7 • Assigned

1.4km

John Barsby Community School

Public, 8-12 • Assigned

Provided by Local Logic

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior

Kitchen

Bathroom

Bedroom

Living

Interior features
Multi-family layout

Bedrooms
Bedroom (Second level) — 15 ft x 14 ft
Bedroom (Second level) — 14 ft x 11 ft
Bedroom (Second level) — 14 ft (other dimension not available)
Bedroom (Second level) — 15 ft x 14 ft
Bedroom (Main level) — 15'2" x 15'5"
Bedroom (Main level) — 14'2" x 9'4"
Bedroom (Main level) — 14'2" x 13'3"
Bedroom (Main level) — measurements not available x 15 ft

Bathrooms
3-piece bathroom (Second level)
4-piece bathroom (Main level)
Total of 2 bathrooms

Laundry & utility
Laundry room (Main level) — 6'8" x 7'5"

Heating & cooling
Has cooling

Sale and tax history for 639 Kennedy St

Sale History
Tax History

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

9,405 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

2,316

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,316

Year built

1920

Style

Multi-Family (5+ Unit)

Region

Nanaimo Regional District

Parking Spaces

—

Basement

—

Accessible

—

Maintenance Fees

—

Garage

—

Features

—

Last updated by owner on Oct 30, 2025.

Contact listing agent

Travis Mickelson

250-616-6266

At this time, Redfin doesn't have an agent available to help you with this home.

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