Property Type: Detached HouseOwnership: Freehold

117 Kitchener St

Ladysmith, BC V9G1A7

$809,500

2 bed1 bath4 parking821 sqftBuilt 1901
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Property Details

Property & Lot

Sub-type
House
Lot size
7,200 square feet
Zoning
Residential/Commercial

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,332

Interior

Heating
Baseboard heaters, Electric, Natural gas
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
4 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
OtherMain level2'10 x 5'10
Laundry roomMain level3'10 x 9'0
BathroomMain level7'2 x 4'9
BedroomMain level8'0 x 12'5
Primary BedroomMain level9'2 x 13'9
Living roomMain level16'0 x 14'0
KitchenMain level13'9 x 13'1

Listing Information

MLS®
1040599
Listed
June 16, 2026
Time on market
On the market for 76 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty LD · Data source: CREA DDF.

Description

Rare downtown Ladysmith opportunity at 117 Kitchener St! This level 7,200 sqft C2 lot offers an incredible live-work setup or investment. The property features an updated 2-bedroom home alongside a 22'x19' commercial building. The house is move-in ready with a new metal roof, updated plumbing, wiring, paint, and flooring. Both buildings conveniently have separate hydro meters. The true value lies in the Downtown Commercial zoning, designed to accommodate a broad range of uses like retail, restaurants, offices, and tourist accommodation. Town bylaws permit up to 100% parcel coverage and building heights up to 18.0 metres, providing a massive canvas for future multi-story redevelopment. With easy access and a central location near shopping, it is an investor or developer's dream. Don't miss out on this exceptionally versatile gem! (id:63159)

Values & Trends

This listing

$986/sqft

Building average

No other active listings in this building

Ladysmith average

$542/sqft

69 active listing(s)

Parking: 4 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

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

70

8/9 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 IntermediateElementary267 m
Ladysmith PrimaryElementary654 m
Ladysmith SecondarySecondary716 m
Stz'uminus Senior Secondary(Independent)Secondary3.6 km
North Oyster ElementaryElementary5.9 km
Chemainus Elementary Community SchoolElementary9.6 km
Thetis Island ElementaryElementary9.7 km
Chemainus SecondaryK-1210.2 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+)

  • Rita's Apron Pot Pies and More · 720 First Avenue66 m
  • Mr. Teriyaki & Miss Sushi · 821 First Avenue115 m
  • The Phoenix161 m
  • Kaede Sushi · 734 Esplanade Avenue197 m
  • Appetit Food for Thought · 534 First Avenue220 m

Cafes (5+)

  • Old Town Bakery · 512 First Avenue268 m
  • 49th Parallel Cafe284 m
  • Plantitude336 m
  • Iron Works Cafe & Creperie · 422 Esplanade Avenue385 m
  • Tim Hortons · 1115 First Avenue429 m

Grocery (1)

  • Country Grocer · 1020 First Avenue267 m

Parks (5+)

  • Spirit Square171 m
  • Lions Park172 m
  • Rotary Memorial Peace Garden & Cenotaph · 1010 Esplanade Avenue336 m
  • Aggie Fields444 m
  • Bob Stuart Park · 1119 First Avenue460 m

Shopping (3)

  • Budget Blinds · 19 High Street242 m
  • The Worldly Gourmet · 522 First Avenue255 m
  • Canvas Plus · 428 First Avenue317 m

Gyms (5+)

  • Body Resource Studio29 m
  • Ladysmith Shaolin Martial Arts · 25 High Street222 m
  • Lift Haus · 19 High Street229 m
  • CrossFit Ladysmith · 529 First Avenue257 m
  • Active Solutions Health and Sport424 m

Pharmacies (1)

  • Pharmasave · 441 First Avenue323 m

Banks & ATMs (3)

  • CIBC · 540 First Avenue206 m
  • RBC · 521 First Avenue274 m
  • Ladysmith and District Credit Union · 330 First Avenue427 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($55,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$647,600.00
Periodic payment — Principal & Interest (monthly)$4,178.10
Additional monthly expenses (strata, tax, utilities, etc.)$318.67
Total monthly cost$4,496.76
Interest paid over 5-yr term$185,604.02
Balance at end of term$582,518.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$55,950
Stress test qualifying rate8.09%
Payment you must qualify for$5,794.54

Cash Needed at Closing

Minimum down payment$55,950
Estimated BC PTT$14,190
Legal / closing costs (typical estimate)$1,500
Total cash needed$71,640

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.

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