604 Kennedy St, Nanaimo, BC V9R 2J8
- $1,600,000
Courtesy of 460 Realty Inc. (NA) Selling Office: eXp Realty (NA).
- Sold Price
- $1,600,000
- List Price
- $1,730,000
- Status
- SOLD
- MLS®
- 1025798
- Closing Date
- Mar 31, 2026
- Property Type
- Commercial
- Acres
- 0.22
- Lot Size
- 9,405
- District
- Nanaimo
- Neighbourhood
- Na Old City
Property Description
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.
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Additional Information
- Lot Features
- Landscaped
- Heating
- Baseboard
- Flooring
- Hardwood, Mixed
- Exterior Features
- Fencing: Partial
- Parking Type
- On Site
- Taxes
- $8,816
- Rentals Allowed
- Unrestricted
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