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Alex Burns

alex@victoriahomes.com +1(250) 882-3335

Listed by Kelly Whitton Real Broker

$ 689,000

Est. payment | -/mo

5 Beds

4 Baths

3,646 SqFt

Save

$ 689,000

Est. payment | -/mo

Save

5 Beds

4 Baths

3,646 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,646 sqft

Price per Sqft $188

MLS Listing ID 1050951

Style Ground Level Entry With Main Up

Bedrooms 5

HOA Y/N No

Year Built 1910

Tax Year 2026

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Single Family Residence

Property Description

Income today, potential for tomorrow! 695 Franklyn Street pairs Old City Quarter character with reported rental income of approximately $4,500 per month. Close to Nanaimo's eclectic downtown, this charming home offers an exciting opportunity for investors seeking rental revenue and future development possibilities. R14 zoning presents potential to explore a fourplex with suites, or retain the existing home and investigate adding a carriage home, subject to City confirmation and approvals. Continue as a rental holding or make it your Vancouver Island home with mortgage-helping income. Character, location and opportunity—all in one property. Buyers must confirm permitted uses and development feasibility with the City of Nanaimo. All measurements are approximate and must be verified if important.

Location

Province BC

County Nanaimo, City Of

Community Na Old City

Area Nanaimo

Zoning R14

Rooms

Kitchen 2

Interior

Heating Forced Air, Natural Gas

Cooling None

Flooring Mixed

Fireplace No

Laundry In House

Exterior

Exterior Feature Garden

Parking Features Open

View Y/N No

Roof Type Asphalt Shingle

Garage No

Building

Lot Description Central Location, Shopping Nearby, Sidewalk

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Municipal

Architectural Style West Coast

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

Special Listing Condition Resale

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Nearby School & Business

+1(250) 882-3335

alex@victoriahomes.com

3440 Douglas St, # 202, Victoria, Canada

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695 Franklyn St Nanaimo, BC V9R 2Y1