ROYAL LEPAGE DUNCAN REALTY
Our Agents' Listings
530 First Ave
Ladysmith
V9G 1A7
$1,250,000
Residential
beds: 2
baths: 1.0
3,930 sq. ft.
built: 1940
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1004810
- Bedrooms:
- 2
- Bathrooms:
- 1
- Year Built:
- 1940
- Photos (19)
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Welcome to a prime investment opportunity on award-winning 1st Ave in Ladysmith. The property features 3 commercial units w/ excellent street frontage & a spacious, no-step level entry Rancher residence. Combining prime commercial space w/ luxurious residential living, this property is highly desirable. The commercial units suit various businesses, & above is a large single-family residence w/ high ceilings, private off-street parking, & zero noise transfer. The residence includes a courtyard w/ a freestanding gas fireplace. It has a detached garage, iron security gating, & alley access for convenience. Its location on 1st Ave offers excellent visibility & accessibility for businesses. Recent upgrades include, but are not limited to, hardscaping of rear yard space w/ a gas fireplace, new roof & gutters, & extensive landscaping. New heating systems ensure low maintenance, & economical utility costs. Rare offering in the heart of one of the best streets in Canada.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1940 (Age: 85)
- Living Area:
- 3,930 sq. ft.
- Listing General Location:
- Du Ladysmith, Duncan
- Bedrooms:
- 2
- Bathrooms:
- 1.0 (Full:-/Half:-)
- Lot Size:
- 5,003 sq. ft.
- Kitchens:
- 1
- Taxes:
- $11,665 / 2025
- Construction:
- Frame Wood
- New Construction:
- No
- Basement:
- None
- Foundation:
- Concrete Perimeter
- Roof:
- Fibreglass Shingle
- Total Building Area:
- 4,064 sq. ft.
- Total Unfinished Area:
- 134 sq. ft.
- # Bedrooms or Dens Total:
- 2
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # 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:
- 0 sq. ft.
- Living Area Main Floor:
- 1,500 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Gas
- Laundry Features:
- In Unit
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- Other
- Heating:
- Electric, Heat Pump, Natural Gas
- Fireplace:
- Yes
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Main Floor
- Bedroom
- 11'9" × 11'5"
- Main Floor
- Dining Room
- 13' × 12'
- Main Floor
- Living Room
- 17'4" × 13'5"
- Main Floor
- Bedroom - Primary
- 20'11" × 12'11"
- Main Floor
- Kitchen
- 13' × 12'
- Main Floor
- Storage
- 16'1" × 6'7"
- Main Floor
- Laundry
- 12' × 6'7"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 4-Piece
- Financing Notes:
- 3% 1st 100k & 1.5% on bal if physically intro by buyer's agent, to the property otherwise $1k
- Assessed:
- 920600.0
- Assessment year:
- 2025
- Jurisdiction name:
- Town of Ladysmith (SD68)
- Legal Description:
- LOT 2, BLOCK 27, DISTRICT LOT 56, OYSTER DISTRICT, PLAN 703
- Zoning:
- C2
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Tenant
- Property Condition:
- Resale
- Exposure / Faces:
- East
- Layout:
- Other
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Driveway, On Street, Open, Other
- Total Parking Spaces:
- 3
- Date Listed:
- Jul 02, 2025
- Original Price:
- 1250000.0
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Data was last updated July 30, 2025 at 02:05 PM (UTC)
Area Statistics
- Listings on market:
- 191
- Avg list price:
- $795,000
- Min list price:
- $110,000
- Max list price:
- $4,995,000
- Avg days on market:
- 55
- Min days on market:
- 2
- Max days on market:
- 656
- Avg price per sq.ft.:
- $397.51
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.
- Jeff Hunter
- Royal LePage Duncan Realty
- 250-815-0882
- Contact by Email
ROYAL LEPAGE DUNCAN REALTY
blairherbert@royallepage.ca
Office:
250-746-6621
Toll Free:
800-933-3156
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