695 Franklyn St, Nanaimo
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:1945)
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Property details for 695 Franklyn St, Nanaimo
- Type
- Residential
- Style
- Westcoast
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 3,646 square feet
- Lot Size
- 6732
- Parking
- Open
- Heating
- Forced air, Natural gas
- Cooling
- None
- Ownership
- Freehold
Nearby Listings Stat
Estimated price and comparable properties near 695 Franklyn St
Active Listings
6
Min Price
$689,000
Max Price
$949,900
Avg Price
$872,467
Days on Market
44
days
Sold Listings
3
Min Sold Price
$888,000
Max Sold Price
$1,150,000
Avg Sold Price
$1,005,967
Days until Sold
61
days
Neighbourhood Census Data
Nanaimo, British Columbia / Colombie-Britannique
Population
551
Median Age
46.4
Median Income
$20,928
Dwelling Value
$250,395
Housing Tenure
Owners 36%
Renters 64%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.6
Pop. Density: 3,725.5/km²
Avg Shelter Cost: $1,031/mo
Owners with Mortgage: 70.8%
Owners Spending 30%+: 26.1%
Tenants Spending 30%+: 44.2%
English only: 89.1%
English and French: 11.8%
Median Household Income: $32,576
Median Employment Income: $25,152
Price History
Listed
October 2, 2026
by Real Broker
Current Price
$689,000
Type
Residential
For Sale
