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: 84)
Living Area:
3,930 sq. ft.365.109 m2
Listing General Location:
Du Ladysmith, Duncan
Bedrooms:
2
Bathrooms:
1.0
(Full:-/Half:-)
Lot Size:
5,003.035 sq. ft.464.797 m2
Kitchens:
1
Taxes:
$10,289 /
2023
Construction:
Frame Wood
New Construction:
No
Basement:
None
Foundation:
Concrete Perimeter
Roof:
Fibreglass Shingle
Total Building Area:
4,064 sq. ft.377.558 m2
Total Unfinished Area:
134 sq. ft.12.449 m2
# 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.0 m2
Living Area Main Floor:
1,500 sq. ft.139.355 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:
1
Fireplace Details:
Gas
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Other
Heating:
Electric, Heat Pump, Natural Gas
Fireplace:
Yes
Ground Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Bedroom
11'9"3.58 m × 11'5"3.48 m
Main Floor
Storage
16'1"4.90 m × 6'7"2.01 m
Main Floor
Bedroom - Primary
20'11"6.38 m × 12'11"3.94 m
Main Floor
Laundry
12'3.66 m × 6'7"2.01 m
Main Floor
Dining Room
13'3.96 m × 12'3.66 m
Main Floor
Living Room
17'4"5.28 m × 13'5"4.09 m
Main Floor
Kitchen
13'3.96 m × 12'3.66 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4-Piece
Financing Notes:
3.5% 1st 100k & 1.5% on bal if physically intro by buyer's agent, to the property otherwise $1k
Assessed:
876000.0
Assessment year:
2024
Jurisdiction name:
Town of Ladysmith (SD68)
Legal Description:
LOT 2, BLOCK 27, DISTRICT LOT 56, OYSTER DISTRICT, PLAN 703
Data was last updated October 22, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
196
Avg list price:
$740,950
Min list price:
$113,000
Max list price:
$6,400,000
Avg days on market:
63
Min days on market:
1
Max days on market:
599
Avg price per sq.ft.:
$420.7
These statistics are generated based on the current listing's property type
and located in
Du Ladysmith. Average values are
derived using median calculations.
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,...