Prime Development Opportunity or Family Home with great potential – This subdividable corner lot is situated in the charming, family-oriented town of Ladysmith. Don’t let this rare chance to own a spacious, flat lot in this expanding community pass you by. The property is zoned for multi-family use and features a 5-bedroom home on a sizable lot with significant possibilities. There is ample road frontage and access, making it perfect for multi-unit housing, a laneway home or large workshop, or creating a basement suite for family or rental income. With the rising demand for housing in Ladysmith, this location is ideal for your next project. The roof is less than two years old, and the home construction is solid - offering rental income while you plan your development or a comfortable living space as you personalize it. Whether you’re seeking a family home with room for growth or an investment property with development potential, this is a unique opportunity you won’t want to overlook.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1967
(Age: 58)
Living Area:
2,268 sq. ft.211 m2
Listing General Location:
Du Ladysmith, Duncan
Bedrooms:
5
Bathrooms:
2.0
(Full:-/Half:-)
Lot Size:
21,269 sq. ft.1,976 m2
Kitchens:
1
Home Style:
Contemporary
Taxes:
$4,674.15 /
2024
Building Features:
Basement
Construction:
Concrete, Frame Wood, Insulation: Ceiling, Insulation: Walls, Other
New Construction:
No
Basement:
Partially Finished, Walk-Out Access
Foundation:
Concrete Perimeter, Slab
Electricity:
Yes
Roof:
Asphalt Shingle
Floor finish:
Mixed
Total Building Area:
2,268 sq. ft.211 m2
Total Unfinished Area:
0 sq. ft.0 m2
# Bedrooms or Dens Total:
5
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
2
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
1,134 sq. ft.105 m2
Living Area Main Floor:
1,134 sq. ft.105 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
0 sq. ft.0 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
2
Fireplace Details:
Wood Burning
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Additional Accommodations:
Potential
Cooling:
None
Heating:
Forced Air, Oil
Fireplace:
Yes
Warranty:
No
Dining Room
Aluminum Frames
Balcony, Low Maintenance Yard
Other
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Living Room
18'5.49 m × 13'5"4.09 m
Main Floor
Dining Room
10'3.05 m × 8'2.44 m
Main Floor
Kitchen
15'4.57 m × 10'3.05 m
Main Floor
Bedroom
11'3.35 m × 9'5"2.87 m
Main Floor
Bedroom - Primary
13'2"4.01 m × 12'8"3.86 m
Main Floor
Bedroom
13'5"4.09 m × 9'5"2.87 m
Lower Level
Bedroom
14'1"4.29 m × 9'2.74 m
Lower Level
Family Room
26'7.92 m × 12'5"3.78 m
Lower Level
Laundry
9'2.74 m × 7'2.13 m
Lower Level
Bedroom
12'5"3.78 m × 12'5"3.78 m
Lower Level
Utility Room
14'5"4.39 m × 13'3.96 m
Floor
Ensuite
Pieces
Other
Main Floor
No
5
5-Piece
Lower Level
No
3
3-Piece
Assessed:
684000.0
Assessment year:
2025
Jurisdiction name:
Town of Ladysmith (SD68)
Legal Description:
LOT 9, PLAN VIP18692, DISTRICT LOT 144, OYSTER LAND DISTRICT
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Listed by Island Pacific Realty Ltd.
Data was last updated October 5, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
153
Avg list price:
$824,000
Min list price:
$215,000
Max list price:
$4,995,000
Avg days on market:
71
Min days on market:
1
Max days on market:
722
Avg price per sq.ft.:
$398.51
These statistics are generated based on the current listing's property type
and located in
Du Ladysmith. Average values are
derived using median calculations. This data is not produced by the MLS® system.