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Leahann Nordin

leahann@nordinhomes.ca +1(604) 880-8499

Listed by Travis Mickelson REMAX Professionals (NA)

$ 725,000

Est. payment -/mo

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Active

639 Kennedy St Nanaimo, BC V9R 2J9

2,352 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,352 sqft

Price per Sqft $308

MLS Listing ID 1038728

HOA Y/N No

Annual Tax Amount $5,930

Tax Year 2026

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Multi Family

Property Description

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.

Location

Province BC

County Nanaimo, City Of

Community Na Old City

Area Nanaimo

Zoning R14

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Parking Features On Site

View Y/N No

Garage No

Building

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Municipal

Others

Ownership Freehold

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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About Leahann

Two decades of design.
One city she never
stopped calling home.

Leahann Nordin Real Estate Agent · Real Broker B.C. Ltd. · VREB

Victoria-raised and design-educated, Leahann spent two decades working across Vancouver and the Okanagan in luxury residential design, multi-family development, and large-scale renovation before returning home. She brings a designer's eye and a project manager's discipline to every transaction — so nothing falls through the cracks and nothing feels rushed.

Read Her Story

Client Reviews

What people say about Leahann.

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We have known Leahann as a professional in the real estate business for more than 20 years. She has given us her assistance in buying, selling, and staging our homes. Your skills and work ethic deserve all the success in the world.

Jeannette S. · Victoria, B.C.

Leahann is a great interior designer whose skills have translated into a fantastic real estate professional. You could not find a more helpful and idea-filled agent if you tried.

Stephen S. · Victoria, B.C.