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. (id:44056)

Property Details

Full Address:
695 Franklyn St, Nanaimo, British Columbia
Price:
$ 689,000
MLS Number:
1050951
List Date:
October 2nd, 2026
Lot Size:
6732 sq.ft.
Year Built:
1910

Interior Features

Bedrooms:
5
Bathrooms:
4
Total Rooms:
Lower level
Storage
21 x 8 feet
Bedroom
8 x 15 feet
Second level
Bedroom
14 x 11 feet
Main level
Bedroom
11 x 12 feet
Bedroom
8 x 10 feet
Bedroom
9 x 12 feet
Air Conditioning:
None
Heating:
Forced air, Natural gas

Building Features

Architectural Style:
Westcoast
Zoning:
Multi-Family
Zoning Detail:
R14
Garage:
Open
Ownership Type:
Freehold

Floors

Finished Area:
3646 sq.ft.

Land

Lot Size:
6732 sq.ft.
Lot Features:
Central location, Other

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Kelly Whitton Personal Real Estate Corporation Real Broker
250-933-5333
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Listing Agent(s)

Lead Agent: Kelly Whitton
Office: Real Broker
Originating Board: Vancouver Island Real Estate Board

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