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.
Data was last updated September 3, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
66
Avg list price:
$587,450
Min list price:
$249,900
Max list price:
$1,190,000
Avg days on market:
63
Min days on market:
1
Max days on market:
267
Avg price per sq.ft.:
$513.09
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations. This data is not produced by the MLS® system.