Property Type: TownhouseOwnership: Strata

4 715 Malone Rd

Ladysmith, BC V9G1S5

$229,900

3 bed1 bath2 parking987 sqftBuilt 1976
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Zoning
Residential

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$635/mo
Annual property tax
$2,973.97

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
2 — uncovered indicated
Features
Stall

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

RoomLevelDimensions
BathroomSecond level3-Piece
EntranceMain level3'6
BedroomSecond level10'8
BedroomSecond level9'6
Primary BedroomSecond level
Living roomMain level
KitchenMain level14'1 x 8'6

Listing Information

MLS®
1041183
Listed
June 24, 2026
Time on market
On the market for 69 days
Data last synced
August 28, 2026

Listing provided by: Island Pacific Realty Ltd. · Data source: CREA DDF.

Description

Estate Sale. This 3-bedroom, 1-bathroom townhouse offers an opportunity for investors, contractors, or buyers looking for a project. The property is being sold as is, where is by the Estate. The price is reflective of the current condition. Available reports identify organic growth and noted are structural concerns. Buyers should complete their own due diligence and investigations to satisfy themselves as to the condition of the property, any repairs that may be required, and any strata-related matters. This is not a cosmetic fixer—it's a property best suited to buyers with the experience and financial resources to take on a substantial renovation. Priced accordingly, it offers excellent potential for the right purchaser. Please reach out for more information and info package. (id:63159)

Values & Trends

This listing

$233/sqft

Building average

No other active listings in this building

Ladysmith average

$398/sqft

11 active listing(s)

Parking: 2 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

3/9 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
Ladysmith PrimaryElementary233 m
Ladysmith SecondarySecondary260 m
Ladysmith IntermediateElementary644 m
Stz'uminus Senior Secondary(Independent)Secondary4.0 km
North Oyster ElementaryElementary6.5 km
Chemainus Elementary Community SchoolElementary9.4 km
Chemainus SecondaryK-1210.0 km
Thetis Island ElementaryElementary10.2 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

Cafes (1)

  • Jas Cafe · 440 4th Avenue486 m

Parks (2)

  • Spirit Square718 m
  • Lions Park750 m

Gyms (1)

  • Frank Jamison Community Center354 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($11,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$183,920.00
Periodic payment — Principal & Interest (monthly)$1,186.59
Additional monthly expenses (strata, tax, utilities, etc.)$931.83
Total monthly cost$2,118.42
Interest paid over 5-yr term$52,712.00
Balance at end of term$165,436.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,495
Stress test qualifying rate8.09%
Payment you must qualify for$1,679.46

Cash Needed at Closing

Minimum down payment$11,495
Estimated BC PTT$2,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,593

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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