1237 4th Ave
Ladysmith, BC V9G1R3
$849,000
Property Details
Property & Lot
- Lot size
- 3.31 acres
- Zoning
- Residential
R-3-A
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $4,143.05
Interior
- Fireplace
- None
Listing Information
- MLS®
- 1044650
- Listed
- August 5, 2026
- Time on market
- On the market for 26 days
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty (NA) · Data source: CREA DDF.
Description
Future Development Opportunity on this private 3.31 AC parcel in Ladysmith, where natural beauty meets rare multi-family development potential. Zoned R3A for a proposed 48-unit townhome or duplex concept, this gently rolling, southern-exposure site features municipal services at the lot line with no curb or sidewalk requirements. Nature anchors the property, bordered by city parkland with mature trees and pristine Rocky Creek meandering through the grounds. Future residents will thrive in an active lifestyle location just mins from Forrest Field recreation, local schools, community pool, and charming 1st Ave shops and dining. Preliminary site drawings demonstrate an exceptional vision for density that seamlessly pairs quiet, forest-adjacent living with immediate access to essential amenities and the vibrant pulse of seaside Ladysmith. (id:63159)
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
7
1/9 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 | 1.2 km |
| Ladysmith Secondary | Secondary | 1.2 km |
| Ladysmith Primary | Elementary | 1.5 km |
| Stz'uminus Senior Secondary(Independent) | Secondary | 4.9 km |
| North Oyster Elementary | Elementary | 5.1 km |
| Cedar Elementary | Elementary | 10.7 km |
| Chemainus Elementary Community School | Elementary | 10.9 km |
| Thetis Island Elementary | Elementary | 10.9 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
Parks (4)
- Trillium Park451 m
- Resolution Park459 m
- Forrest Field · 570 Jim Cram Drive474 m
- Kinsmen Park737 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.1% ($59,900) — 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.