Property Type: Detached HouseOwnership: Freehold

13361 Prospect Dr

Ladysmith, BC V9G1G9

$1,349,900

5 bed4 bath8 parking3,176 sqftBuilt 1990
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
5.09 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,295.86

Interior

Heating
Heat Pump, Forced air, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)

Exterior & Lot

View
Lake view

Parking

Total spaces
8

Room Dimensions

RoomLevelDimensions
BathroomLower level3-Piece
BedroomLower level12'1 x 11'0
KitchenLower level15'0 x 12'10
Living roomLower level16'1 x 16'8
EnsuiteSecond level5-Piece
Primary BedroomSecond level14'0 x 16'5
BathroomSecond level4-Piece
BedroomSecond level9'10 x 9'3
BedroomSecond level13'3 x 10'4
Laundry roomMain level7'10 x 9'0
BathroomMain level2-Piece
Family roomMain level16'0 x 16'6
Eating areaMain level6'0 x 11'0
KitchenMain level9'0 x 12'11
Dining roomMain level12'6 x 11'0
Living roomMain level16'7 x 14'0
BedroomMain level13'5 x 11'8

Listing Information

MLS®
1041174
Listed
June 22, 2026
Time on market
On the market for 70 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Island Living (QU) · Data source: CREA DDF.

Description

Experience true West Coast living on this breathtaking 5-acre property, offering picturesque surroundings and stunning lake views in every direction. This beautifully designed home features 4 bedrooms, 4 bathrooms, and a dedicated office, along with a spacious in-law suite—perfect for multi-generational living or added flexibility. Step inside to hardwood flooring throughout the main living spaces and a impressive kitchen thoughtfully positioned to capture the serene views. The spacious primary bedroom serves as a private retreat, complete with a walk-in closet, a well-appointed ensuite, and expansive windows that showcase the natural beauty of the property. Extensive updates provide peace of mind, including a brand-new heat pump, upgraded plumbing, and vinyl windows. The property also offers a double-car garage with EV charging and ample additional parking. With views of Michael Lake from the main living areas, this home seamlessly blends indoor comfort with the tranquility of nature. Enjoy the privacy and charm of acreage living, just minutes from nearby amenities in a peaceful, park-like setting. (id:63159)

Values & Trends

This listing

$425/sqft

Building average

No other active listings in this building

Ladysmith average

$550/sqft

69 active listing(s)

Parking: 8 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

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

SchoolTypeDistance
North Oyster ElementaryElementary2.0 km
Ladysmith IntermediateElementary5.2 km
Ladysmith SecondarySecondary5.6 km
Ladysmith PrimaryElementary5.7 km
Stz'uminus Senior Secondary(Independent)Secondary6.4 km
Cedar ElementaryElementary6.6 km
Cedar SecondarySecondary8.9 km
Qwam Qwum Stuwixwulh Community SchoolElementary9.8 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 (1)

  • Michael Lake Trail399 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($109,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,079,920.00
Periodic payment — Principal & Interest (monthly)$6,967.28
Additional monthly expenses (strata, tax, utilities, etc.)$600.32
Total monthly cost$7,567.60
Interest paid over 5-yr term$309,508.18
Balance at end of term$971,391.53

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$109,990
Stress test qualifying rate8.09%
Payment you must qualify for$9,534.47

Cash Needed at Closing

Minimum down payment$109,990
Estimated BC PTT$24,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$136,488

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