16 626 Farrell Rd
Ladysmith, BC V9G0A2
$1,189,999
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Zoning
- Multi-Family
R-3A
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Strata
- Strata / maintenance fee
- $485/mo
- Annual property tax
- $7,371.72
Interior
- Heating
- Heat Pump, Forced air, Natural gas
- Cooling / A/C
- See Remarks
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Mountain view, Ocean view
Parking
- Total spaces
- 4
Restrictions & Policies
- Pets
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Main level | 2-Piece |
| Storage | Lower level | 17'4 x 19'1 |
| Bathroom | Lower level | 3-Piece |
| Bedroom | Lower level | 10'11 x 14'4 |
| Recreation room | Lower level | 20'9 x 27'4 |
| Utility room | Lower level | 7'9 x 15'10 |
| Porch | Main level | 10'0 x 5'11 |
| Entrance | Main level | 11'10 x 6'2 |
| Bedroom | Main level | 11'3 x 12'11 |
| Kitchen | Main level | 11'7 x 13'3 |
| Living room | Main level | 19'5 x 17'4 |
| Dining room | Main level | 10'11 x 15'9 |
| Primary Bedroom | Main level | 15'7 x 13'4 |
| Ensuite | Main level | 5-Piece |
Listing Information
- MLS®
- 1037169
- Listed
- May 27, 2026
- Time on market
- On the market for 96 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Generation (CH) · Data source: CREA DDF.
Description
Welcome to The Gales, one of Vancouver Island’s premier ocean view communities, where exceptional craftsmanship and West Coast beauty come together. Designed to capture breathtaking ocean and coastal mountain views, this meticulously maintained home offers over 2,700 sqft of thoughtfully designed living space with quality finishes throughout. The bright, spacious main level showcases soaring vaulted ceilings, oversized windows, engineered hardwood flooring, and an inviting open-concept layout ideal for both entertaining and everyday comfort. At the heart of the home is the beautifully appointed kitchen featuring rich maple cabinetry, granite countertops, stainless steel appliances, and generous prep space. The adjoining dining and living areas are anchored by an impressive tiled Napoleon gas fireplace with custom built-in cabinetry, creating a warm and elegant gathering space. Step outside onto the expansive upper deck and take in spectacular ocean vistas. Designed for easy outdoor living, the home also features a lower entertaining deck with propane BBQ hookup, vinyl decking, aluminum railings and glass panels to maximize views. The primary suite serves as a true retreat with deck access, walk-in closet and a luxurious ensuite featuring heated tile floors, dual sinks, a deep soaker tub, and separate shower with bench seating. A 2nd bedroom, powder room, and convenient laundry complete the main floor. The fully finished walkout lower level provides outstanding flexibility with a large family/rec room, guest bedroom, full bathroom, hobby/storage space, and patio access—ideal for visitors or extended family. Built Green certified and thoughtfully equipped with a Carrier Infinity heat pump, HRV system, heated bathroom floors, durable James Hardie siding, engineered stone accents, and an insulated double garage. Located just minutes from marinas, golf, trails, recreation, airport access, and all the charm of Ladysmith, this is coastal living at its finest. (id:63159)
Values & Trends
This listing
$441/sqft
Building average
—
No other active listings in this building
The Gales average
—
No comparable active listings
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
4
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 |
|---|---|---|
| Stz'uminus Senior Secondary(Independent) | Secondary | 3.2 km |
| Ladysmith Primary | Elementary | 3.9 km |
| Ladysmith Secondary | Secondary | 4.1 km |
| Ladysmith Intermediate | Elementary | 4.2 km |
| Chemainus Elementary Community School | Elementary | 5.5 km |
| Chemainus Secondary | K-12 | 6.1 km |
| Thetis Island Elementary | Elementary | 8.3 km |
| North Oyster Elementary | Elementary | 9.9 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 (5+)
- Unnamed512 m
- Solmie Road Beach Access635 m
- Rutti Park664 m
- Harbourview Park · 533 Louise Road755 m
- Gourlay-Janes Park · 397 Chemainus Road786 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.9% ($94,000) — 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.