C$689,000

695 Franklyn St, Nanaimo BC, V9R 2Y1

Price per sqftC$188.97

Built in1910

Property size3,646 sqft

Property typeResidential

Courtesy of Real Broker

Overview

Active

Listed Oct 1, 2026

Updated 2 weeks ago

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.

Additional information

MLS^® ID: 1050951

Interior Features

Bedrooms: 5
Bathrooms: 4
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.15 Acres

Other Property Details

Pets Allowed: Yes

Courtesy of Real Broker, Kelly Whitton

Listing Contact: 250-933-5333

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