1040 5th Ave
Ladysmith, BC V9G1A2
$649,900
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 7,200 square feet
- Zoning
- Residential
R1
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,300
Interior
- Heating
- Heat Pump, Baseboard heaters, Forced air, Electric, Wood
- Cooling / A/C
- Wall unit, Air Conditioned
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Mountain view
Parking
- Total spaces
- 3
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Workshop | Main level | 10' |
| Patio | Main level | 17'8 |
| Laundry room | Main level | 2'6 x 8'2 |
| Entrance | Main level | 4'3 |
| Primary Bedroom | Main level | 12'3 x 12'7 |
| Living room | Main level | 13'7 x 17'1 |
| Kitchen | Main level | 9'2 x 9'5 |
| Bathroom | Main level | 3-Piece |
| Dining room | Main level | 9'1 x 11'7 |
| Bedroom | Main level | 9'1 |
| Bedroom | Main level | 9'1 x 12'4 |
| Ensuite | Main level | 3-Piece |
Listing Information
- MLS®
- 1041714
- Listed
- July 2, 2026
- Time on market
- On the market for 60 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Nanaimo Realty LD · Data source: CREA DDF.
Description
Estate Sale Affordable comfortable one level - Rancher in quiet Ladysmith neighbourhood. Fantastically located being close to schools, Jamison Recreation centre, walking trails, Medical services and Health Center, downtown restaurants and shopping. Bus transportation close by. Built in 1991 this 1131 sqft home is easy maintenance has 3 bedrooms and 2 bathrooms one being a newly upgraded main bathroom. Three choices to heat...electric baseboard, ductless heatpump (also for air-conditioning), or cozy woodburning fireplace. Wired 10'x8' sqft Work shed/Garden shed/Storage shed on a nice sized landscaped 60x120 sqft lot with fenced yard for Children and Pets to play safely. Move in ready and quick possession! (id:63159)
Values & Trends
This listing
$575/sqft
Building average
—
No other active listings in this building
Ladysmith average
$548/sqft
69 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Nanaimo
15°C
Partly Cloudy
Humidity 85%
Wind N 2 km/h
Tonight
12°
Tuesday
21°
Tuesday night
14°
Wednesday
16°
Wednesday night
11°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
8,990
(2021 Census)
+5.3% since 2016
Density: 746.7/km²
Dwellings: 4,079
Median household income: $81,000
After-tax: $72,500
Immigrant population: 12.7%
Top countries of origin (% of total population)
- United Kingdom4.9% · 440
- United States of America1.3% · 120
- Germany0.7% · 65
- Netherlands0.5% · 45
- Poland0.3% · 25
- South Africa, Republic of0.3% · 25
- India0.3% · 25
- Mexico0.2% · 20
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
33
7/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Ladysmith Intermediate | Elementary | 329 m |
| Ladysmith Secondary | Secondary | 394 m |
| Ladysmith Primary | Elementary | 596 m |
| Stz'uminus Senior Secondary(Independent) | Secondary | 4.1 km |
| North Oyster Elementary | Elementary | 5.8 km |
| Chemainus Elementary Community School | Elementary | 10.0 km |
| Thetis Island Elementary | Elementary | 10.3 km |
| Chemainus Secondary | K-12 | 10.5 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Restaurants (5+)
- Mr. Teriyaki & Miss Sushi · 821 First Avenue621 m
- Rita's Apron Pot Pies and More · 720 First Avenue636 m
- The Phoenix682 m
- Kaede Sushi · 734 Esplanade Avenue746 m
- Appetit Food for Thought · 534 First Avenue748 m
Cafes (4)
- 49th Parallel Cafe531 m
- Tim Hortons · 1115 First Avenue585 m
- Jas Cafe · 440 4th Avenue632 m
- Old Town Bakery · 512 First Avenue783 m
Grocery (1)
- Country Grocer · 1020 First Avenue514 m
Parks (5+)
- Resolution Park471 m
- Aggie Fields501 m
- Spirit Square567 m
- Bob Stuart Park · 1119 First Avenue596 m
- Lions Park610 m
Shopping (2)
- The Worldly Gourmet · 522 First Avenue773 m
- Budget Blinds · 19 High Street797 m
Gyms (5+)
- Frank Jamison Community Center298 m
- Body Resource Studio595 m
- Ladysmith Shaolin Martial Arts · 25 High Street773 m
- Lift Haus · 19 High Street783 m
- CrossFit Ladysmith · 529 First Avenue795 m
Banks & ATMs (1)
- CIBC · 540 First Avenue740 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.2% ($39,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.