We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
640 Kennedy St, NANAIMO
2026-02-11
Quick Summary
- Location
- 640 Kennedy St, NANAIMO, British Columbia V9R2J8
- Price
- $1,730,000
- Status:
- For Sale
- Property Type:
- Multi-family
MLS®#1025798
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. (id:32467)
Property Features
Building
- Cooling Type: None
- Fireplace: No
- Building Type: Multi-Family
Features
- Feature: Other
Land
- Land Size: 9405 sqft
Ownership
- Type: Freehold
Zoning
- Description: r14
Information entered by 460 Realty Inc. (NA)
Listing information last updated on: 2026-02-11 19:42:33
Book your free home evaluation with a 1% REALTOR® now!
How much could you save in commission selling with One Percent Realty?
Slide to select your home's price:
$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
Send a Message
One Percent Realty's top FAQs
Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950
Yes, and yes.
Learn more about the One Percent Realty Deal
Joe Squire REALTOR ® MBA
- Phone:
- (250) 802-5899
- Mobile:
- (604) 626-9259
- Email:
- joe@joesquire.com
- Support Area:
- Nanaimo, Cedar, Lantzville, Ladysmith, Saltair, Nanoose, Old City, North Nanaimo, South Nanaimo, Central Nanaimo, Departure Bay, Hammond Bay, Diver Lake, Extension, Chase River, Pleasant Valley
Professional Nanaimo Real Estate Sales & Marketing: Specializing in Nanaimo and the Central I ...
Full ProfileKarelyn Campbell REALTOR®
- Phone:
- 250-618-8213
- Email:
- mynanaimohome@gmail.com
- Support Area:
- Nanaimo, Ladysmith, Lantzville
Nanaimo Real Estate Specialist!Karelyn is a second generation real estate agent serving the Nanaimo ...
Full ProfileJason Kerr REALTOR®, GSC
- Phone:
- 250-616-2098
- Email:
- kerr014@gmail.com
- Support Area:
- Nanaimo, Cedar, Cinnabar Valley, Ladysmith, Parksville, Vancouver Island
Let's do this together, Vancouver Island."Unlocking doors to dream homes and turning visions into re ...
Full Profile