With R14 zoning & outstanding redevelopment potential, this property presents an exciting opportunity for builders, investors, & forward-thinking buyers alike. The site offers the flexibility for a variety of multi-family concepts, including modern townhomes, stacked units, or ocean-view residences designed to maximize the setting. Street & alley access further enhance the development possibilities, making this a rare chance to secure a property with significant future upside. Complementing the potential is a charming, updated single-family home that is move-in ready for immediate enjoyment or rental income. Recent improvements include new flooring, fresh paint, & refreshed bathrooms, creating a bright and welcoming living space filled with character. Whether you're looking for a comfortable home, a holding property, or your next development project, this property offers exceptional versatility and value. Measurements are approximate and should be verified if important. (id:13843)
| MLS # | 1038388 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1910 |
| Days On Site | 149 |
| Listing Provided By | eXp Realty (NA) | Jason Simard |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 906 |
| Zoning | Multi-Family |
| Acreage | 0.11 |
| Cooling | None |
|---|---|
| Heating | Baseboard heaters, Electric |
| Fireplace Yes / No | No |
| Parking Features | RV, Street |
|---|---|
| Parking Total | 4 |
| Tax Annual Amount | 3231.82 |
|---|---|
| Tax Block | U |
| Province | BC |
|---|---|
| City | Nanaimo |
| Postal Code | V9R2E5 |
| Listing VS Median (in V9R2E5) | |
Price: $474,900 low | high Med: $474,900 sqft: 906 low | high Med: 906 $ / sqft: $524 low | high Med: $524 On site: 149 low | high Med: 149 | |
| Province | BC |
|---|---|
| City | Nanaimo |
| Postal Code | V9R2E5 |
| Listing VS Median (in V9R2E5) | |
Price: $474,900 low | high Med: $474,900 sqft: 906 low | high Med: 906 $ / sqft: $524 low | high Med: $524 On site: 149 low | high Med: 149 | |
![]() | $499,999643 Kennedy StNanaimo, BC V9R2J9 |