604 Kennedy St
Nanaimo
V9R 2J8
$1,730,000
Residential
beds: 10
baths: 5.0
5,061 sq. ft.
built: 1948
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1025617
- Bedrooms:
- 10
- Bathrooms:
- 5
- Year Built:
- 1948
- Photos (73)
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Renovated 5-Plex + Separate Legal Lot in Prime Old City Nanaimo. Rare opportunity to own a renovated 5-plex with a separately titled legal lot in Nanaimo’s sought-after Old City Area. Extensively updated since 2006, this income-producing property blends historic character with modern upgrades, making it a true turnkey investment. The building features five self-contained units, each with separate meters, laundry and hot water tanks, upgraded electrical, and strong rental appeal. Investors will appreciate the multiple income streams and long-term stability in this prime central location. The additional legal lot (prelim building plans available), zoned R14, offers exceptional flexibility-hold for future development, expand, or explore creative redevelopment options. Properties offering this level of income, condition, and upside potential rarely come to market.
An outstanding opportunity to secure a high-performing asset with future growth potential.
- Property Type:
- Residential
- Type:
- Quadruplex
- Year built:
- 1948 (Age: 78)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 5,061 sq. ft.
- Main Building Living Area:
- 5,061 sq. ft.
- Listing General Location:
- Na Old City, Nanaimo
- Bedrooms:
- 10
- Bathrooms:
- 5.0 (Full:-/Half:-)
- Lot Size:
- 9,405 sq. ft.
- Kitchens:
- 5
- Home Style:
- Character
- Taxes:
- Signup
- Building Features:
- Basement, Bike Storage, Transit Nearby
- Construction:
- Frame Wood
- New Construction:
- No
- Basement:
- Partially Finished, Walk-Out Access, With Windows
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle
- Other Structures:
- Workshop
- Ceiling Heights:
- Signup
- Floor finish:
- Hardwood, Mixed
- Total Building Area:
- 6,593 sq. ft.
- Total Unfinished Area:
- 1,532 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 10
- # Main Level Bedrooms:
- 4
- # Second Level Bedrooms:
- 4
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 2
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 2
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 2
- # Second Level Kitchens:
- 2
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 1
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 2,424 sq. ft.
- Living Area Main Floor:
- 2,406 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 1,763 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 2
- Fireplace Details:
- Living Room
- Laundry Features:
- In Unit
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Additional Accommodations:
- Exists
- Cooling:
- None
- Heating:
- Baseboard
- Fireplace:
- Yes
- Pending Date:
- Signup
- Low Maintenance Yard
- Mountain(s)
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Nanaimo
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 5
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Tenant
- Property Condition:
- Updated/Remodeled
- Exposure / Faces:
- West
- Layout:
- Main Level Entry with Lower/Upper Lvl(s)
- Attached Garage:
- Yes
- Carport Spaces:
- 0
- Garage Spaces:
- 3
- Garage:
- Yes
- Parking Features:
- Attached, Detached, Garage, Garage Double, On Street, RV Access/Parking
- Total Parking Spaces:
- 4
- Total Units:
- Signup
- Date Listed:
- Feb 10, 2026
- Original Price:
- 1730000.0
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Listed by 460 Realty Inc. (NA)
Data was last updated February 11, 2026 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 51
- Avg list price:
- $614,000
- Min list price:
- $249,900
- Max list price:
- $1,190,000
- Avg days on market:
- 61
- Min days on market:
- 1
- Max days on market:
- 427
- Avg price per sq.ft.:
- $488.67
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.
- DEANA BAUMEL PREC
- RE/MAX PROFESSIONALS
- 250-619-1220
- Deana@NanaimoPropertyGroup.ca
- MICHAEL PETERSON PREC
- RE/MAX PROFESSIONALS
- 250-756-7653
- Michael@NanaimoPropertyGroup.ca