Property Type: Detached HouseOwnership: Freehold

13403 Code Rd

Ladysmith, BC V9G1H7

$1,250,000

4 bed3 bath10 parking3,060 sqft
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Property Details

Property & Lot

Sub-type
House
Lot size
1 acres
Zoning
Residential

Res

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,515.77

Interior

Heating
Baseboard heaters, Electric, Propane
Cooling / A/C
None
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view, Valley view

Parking

Total spaces
10

Room Dimensions

RoomLevelDimensions
Living roomMain level15'5
KitchenMain level15'9 x 8'11
Dining roomMain level10'11 x 9'7
BathroomMain level4-Piece
BedroomMain level11'5 x 9'7
BedroomMain level15'3 x 10'3
EnsuiteMain level3-Piece
Primary BedroomMain level15'3 x 13'11
WorkshopLower level24'3
Utility roomLower level
Laundry roomLower level5'5
BathroomLower level4-Piece
DenLower level18'2
BedroomLower level9'10
Family roomLower level28'2
EntranceLower level22'8 x 5'11

Listing Information

MLS®
1028586
Listed
March 11, 2026
Time on market
On the market for 173 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.

Description

Welcome to this beautiful Cedar home on one acre with flat, useable land. This property features a renovated residence plus four outbuildings. The huge shop is 960 sqft. with 200 amp service and additional storage space in upper section plus, 2 240 AMP welding and compressor hook ups. The shop is heated by a beautiful Blaze King wood stove that is WETT certified. This home has a newer septic system and field fully fenced, plus recent well water purification system. Bright and spacious home that is heated and cooled with two newer heat pumps with the option to heat with two propane gas fireplaces. A newer roof and windows compliment this home. The option and possibility of a suite in basement. This is a truly beautiful setting in a country location just minutes to all amenities, in both Ladysmith and Nanaimo. Close to the airport, and minutes from the beach with walking trails and more. (id:63159)

Values & Trends

This listing

$408/sqft

Building average

No other active listings in this building

Ladysmith average

$550/sqft

69 active listing(s)

Parking: 10 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.

Nearby Schools

SchoolTypeDistance
North Oyster ElementaryElementary521 m
Ladysmith IntermediateElementary5.7 km
Cedar ElementaryElementary5.9 km
Ladysmith SecondarySecondary6.0 km
Ladysmith PrimaryElementary6.2 km
Stz'uminus Senior Secondary(Independent)Secondary8.0 km
Cedar SecondarySecondary8.1 km
Qwam Qwum Stuwixwulh Community SchoolElementary9.0 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.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($100,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,000,000.00
Periodic payment — Principal & Interest (monthly)$6,451.66
Additional monthly expenses (strata, tax, utilities, etc.)$362.65
Total monthly cost$6,814.31
Interest paid over 5-yr term$286,602.87
Balance at end of term$899,503.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$100,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,843.10

Cash Needed at Closing

Minimum down payment$100,000
Estimated BC PTT$23,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$124,500

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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