1154 2nd Ave
Ladysmith, BC V9G1A4
$679,900
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 21,269 square feet
- Zoning
- Multi-Family
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,959.95
Interior
- Heating
- Forced air, Oil
- Cooling / A/C
- None
- Fireplace
- Yes (2)
Parking
- Total spaces
- 5
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Lower level | 3-Piece |
| Family room | Lower level | 26'0 x 12'6 |
| Utility room | Lower level | 14'6 x 13'0 |
| Laundry room | Lower level | — |
| Bedroom | Lower level | 12'6 x 12'6 |
| Bedroom | Lower level | 14'1 x 9'0 |
| Bathroom | Main level | 5-Piece |
| Bedroom | Main level | 9'6 x 13'6 |
| Bedroom | Main level | 9'6 x 11'0 |
| Bedroom | Main level | 13'2 x 12'8 |
| Living room | Main level | 13'6 |
| Dining room | Main level | — |
| Kitchen | Main level | — |
Listing Information
- MLS®
- 1040444
- Listed
- June 15, 2026
- Time on market
- On the market for 77 days
- Data last synced
- August 28, 2026
Listing provided by: Island Pacific Realty Ltd. · Data source: CREA DDF.
Description
Welcome to this spacious 5 bedroom, 2 bathroom family home on a large corner lot in the heart of Ladysmith. Offering 2,268 SQ FT of living space, this solidly built home features spacious bedrooms, ample parking and plenty of opportunity for growth. Recent improvements include a brand new sundeck and a roof approximately 1 year old. With some fresh paint and flooring updates, this home has potential to truly shine. Conveniently located near schools, shopping, recreation and other amenities, it offers excellent value to families, investors, or those looking for room to grow. The large lot provides ample outdoor space and future possibilities. A rare opportunity to own a substantial property in one of Vancouver Islands growing communities. The property also presents a prime development opportunity with potential for subdivision and multi family development, subject to municipal approvals. A great combination of comfortable living and long term investment potential. (id:63159)
Values & Trends
This listing
$300/sqft
Building average
—
No other active listings in this building
Ladysmith average
$552/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
15
3/9 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 | 836 m |
| Ladysmith Secondary | Secondary | 1.1 km |
| Ladysmith Primary | Elementary | 1.3 km |
| Stz'uminus Senior Secondary(Independent) | Secondary | 4.3 km |
| North Oyster Elementary | Elementary | 5.1 km |
| Thetis Island Elementary | Elementary | 10.4 km |
| Chemainus Elementary Community School | Elementary | 10.5 km |
| Cedar Elementary | Elementary | 10.7 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
Cafes (2)
- Tim Hortons · 1115 First Avenue510 m
- 49th Parallel Cafe628 m
Grocery (1)
- Country Grocer · 1020 First Avenue637 m
Parks (5+)
- Resolution Park322 m
- Aggie Fields456 m
- Bob Stuart Park · 1119 First Avenue484 m
- Trillium Park486 m
- Rotary Memorial Peace Garden & Cenotaph · 1010 Esplanade Avenue663 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.3% ($42,990) — 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.