Property Type: Condo / ApartmentOwnership: Strata

112 218 Bayview Ave

Ladysmith, BC V9G1S9

$279,900

2 bed1 bath1 parking855 sqftBuilt 1973
Get Directions

Property Details

Property & Lot

Sub-type
Apartment
Zoning
Multi-Family

R8

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$369/mo
Annual property tax
$2,328

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Street

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BathroomMain level7'5 x 7'11
BedroomMain level14'2 x 9'0
Primary BedroomMain level14'2 x 10'10
KitchenMain level7'2 x 9'0
Dining roomMain level8'0 x 11'4
Living roomMain level15'0 x 11'6

Listing Information

MLS®
1037383
Listed
May 19, 2026
Time on market
On the market for 104 days
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd. · Data source: CREA DDF.

Description

This bright and well-maintained 2-bedroom condo offers an exceptional opportunity for first-time buyers, downsizers, or investors seeking value in a desirable Ladysmith location. The home features a spacious open living and dining area filled with natural light, complemented by an updated galley-style kitchen with white cabinetry. Recent improvements include new flooring throughout, enhancing the clean, modern feel and making the home truly move-in ready. Down the hall, you’ll find two comfortable bedrooms, including a primary with a walk-in closet, as well as a well-appointed 4-piece bathroom. The unit is currently owner-occupied. The well-managed complex includes a storage locker, shared laundry facilities, and allows one cat or dog. Ideally situated close to Ladysmith amenities and just minutes from Transfer Beach, this is a rare chance to secure a quality home in a sought-after coastal community. All data and measurements are approximate and must be verified if fundamental. (id:63159)

Values & Trends

This listing

$327/sqft

Building average

No other active listings in this building

Ladysmith average

$431/sqft

5 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

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

Partly Cloudy

13°C

Partly Cloudy

Humidity 89%

Wind WSW 6 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

30

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

SchoolTypeDistance
Ladysmith PrimaryElementary867 m
Ladysmith IntermediateElementary1.1 km
Ladysmith SecondarySecondary1.2 km
Stz'uminus Senior Secondary(Independent)Secondary3.0 km
North Oyster ElementaryElementary6.8 km
Chemainus Elementary Community SchoolElementary8.7 km
Thetis Island ElementaryElementary9.2 km
Chemainus SecondaryK-129.2 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+)

  • Barnacle Barney's Fish and Chips · 341 First Avenue602 m
  • Dragon City · 328 Esplanade Avenue614 m
  • Roberts Street Pizza · 20 Roberts Street651 m
  • Maya Norte · 18 Roberts Street656 m
  • Wigan Restaurant · 438 First Avenue701 m

Cafes (4)

  • Plantitude681 m
  • Iron Works Cafe & Creperie · 422 Esplanade Avenue696 m
  • Jas Cafe · 440 4th Avenue719 m
  • Old Town Bakery · 512 First Avenue731 m

Parks (5+)

  • Wickham Park · 340 Belaire Street212 m
  • Root Street Park · 420 Root Street319 m
  • Transfer Beach Park412 m
  • Queen's Park508 m
  • Holland Creek Park746 m

Shopping (2)

  • Canvas Plus · 428 First Avenue684 m
  • The Worldly Gourmet · 522 First Avenue744 m

Gyms (2)

  • Active Solutions Health and Sport595 m
  • CrossFit Ladysmith · 529 First Avenue764 m

Pharmacies (1)

  • Pharmasave · 441 First Avenue702 m

Banks & ATMs (3)

  • Ladysmith and District Credit Union · 330 First Avenue570 m
  • RBC · 521 First Avenue747 m
  • CIBC · 540 First Avenue795 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($13,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$223,920.00
Periodic payment — Principal & Interest (monthly)$1,444.66
Additional monthly expenses (strata, tax, utilities, etc.)$606.00
Total monthly cost$2,050.66
Interest paid over 5-yr term$64,176.12
Balance at end of term$201,416.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,044.72

Cash Needed at Closing

Minimum down payment$13,995
Estimated BC PTT$3,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$19,093

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.

Request more information