350 Morgan Rd
Ladysmith, BC V9G1W6
$1,350,000
Property Details
Property & Lot
- Lot size
- 1.86 acres
- Zoning
- Residential
R-1
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $3,351
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view, Ocean view
Parking
- Total spaces
- 10
Listing Information
- MLS®
- 962394
- Listed
- May 2, 2024
- Time on market
- On the market for 852 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Generation (CH) · Data source: CREA DDF.
Description
RARE find! This 1.86 acre, fully serviced lot, has gorgeous ocean and coastal mountain views. Build your dream home or hold with the possibility of future development potential. Just off the highway on the South Side of Ladysmith. With endless possibilities and an idyllic location, this is your chance to turn your dreams into reality. Don't miss out on this incredible opportunity! All data and measurements are approximate, please verify if important. (id:63159)
Location Insights
Weather
Nearest station: Nanaimo
10°C
Mainly Sunny
Humidity 99%
Wind N 2 km/h
Today
21°
Tonight
14°
Wednesday
16°
Wednesday night
12°
Thursday
16°
Thursday night
11°
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 |
|---|---|---|
| Stz'uminus Senior Secondary(Independent) | Secondary | 2.8 km |
| Ladysmith Primary | Elementary | 2.9 km |
| Ladysmith Secondary | Secondary | 3.2 km |
| Ladysmith Intermediate | Elementary | 3.2 km |
| Chemainus Elementary Community School | Elementary | 6.5 km |
| Chemainus Secondary | K-12 | 7.0 km |
| Thetis Island Elementary | Elementary | 8.4 km |
| North Oyster Elementary | Elementary | 9.0 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.
Nearby Places
Parks (5+)
- Harbourview Park · 533 Louise Road228 m
- Gourlay-Janes Park · 397 Chemainus Road359 m
- Unnamed569 m
- Rutti Park762 m
- Solmie Road Beach Access763 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.1% ($110,000) — 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.