316 Kennedy St

Offered at: $699,000

MLS®: 978351

Located on one of the most picturesque tree-lined streets in Nanaimo’s Old City, this beautifully maintained character home offers unmatched flexibility. Set on a generous 6,098 sq ft lot with lane access and ample parking, the property includes a fully wired 16x32 detached garage/workshop—perfect for hobbies or storage. The upper level features 2 bedrooms, including a spacious 12x14 master bedroom, updated flooring, and a newly renovated bathroom and a rear deck, which offers views of downtown and the coastal mountains. Downstairs, a fully self-contained 2-bedroom unauthorized suite provides excellent rental income or space for family members. Upgrades include newer thermal windows, a durable fiberglass shingle roof, and energy-efficient ductless heat pumps for year-round comfort and cost savings. This move-in ready home combines a prime location, built-in income potential, and room for future growth. All measurements are approximate and must be verified if important.

Quick Stats

Key Home Data

2
BATH(S)
4
BED(S)
SQFT
YES
SHOWING AVAILABLE
Property Type:
Residential
Home Ownership:
Freehold

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Office: 1 (250) 384-8124