MLS® property information is provided under copyright© by the Victoria and Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website must only be used by consumers for the purpose of locating and purchasing real estate.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
*Where indicated, "PREC" means Personal Real Estate Corporation.
© 2026 IslandSold.com - Vancouver Island Real Estate. All rights reserved.
This 10 bedroom, 5 bathroom quadruplex is listed for sale at $1,730,000 in Nanaimo, British Columbia. The property offers 5061.00 square feet of living space. Built in 1948. Lot size: 9,583 sq ft (0.22 acres).MLS® #1025617.
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.
Looking for homes for sale in Nanaimo? Browse Nanaimo real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Part of the Nanaimo area.
View comprehensive market analysis for Kennedy St including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Kennedy St Market ReportRenovated 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.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Nanaimo community, including the Old City neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$10,150
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
Learn about the Prepared Buyer Program →Discover other great communities in the area
Explore the property location and surrounding area
MLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityNanaimo, BC
5 bed · 5.0 bath · 2,714 sf · 73 days
Single Family
MLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® Reciprocity
North Saanich, BC
4 bed · 4.0 bath · 2,426 sf
Single Family Residence
Courtesy of RE/MAX Generation
MLS® Reciprocity
Esquimalt, BC
2 bed · 2.0 bath · 983 sf
Condo Apartment
Courtesy of Icon Property Advisors Ltd.
MLS® Reciprocity
Saanich, BC
1 bed · 1.0 bath · 561 sf
Condo Apartment
Courtesy of RE/MAX Camosun
MLS® Reciprocity
Merville, BC
6 bed · 5.0 bath · 5,259 sf
Single Family Residence
Courtesy of Royal LePage-Comox Valley (CV)
MLS® Reciprocity
Victoria, BC
4 bed · 4.0 bath · 3,528 sf
Triplex
Courtesy of Real Broker B.C. Ltd.
MLS® Reciprocity
Langford, BC
4 bed · 4.0 bath · 3,402 sf
Single Family Residence
Courtesy of Engel & Volkers Vancouver Island
MLS® Reciprocity