401 Chemainus Rd
Ladysmith, BC V9G1Y3
$579,900
Property Details
Property & Lot
- Lot size
- 13,371 square feet
- Zoning
- Residential
R1
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $4,264
Interior
- Fireplace
- None
Exterior & Lot
- View
- Ocean view
Parking
- Total spaces
- 2
Listing Information
- MLS®
- 1041452
- Listed
- July 2, 2026
- Time on market
- On the market for 60 days
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty (NA) · Data source: CREA DDF.
Description
Imagine waking up to ocean views and sipping your morning coffee as the sun rises over the water. Located just south of Ladysmith on the border of Saltair, this fully serviced lot offers the perfect opportunity to build the coastal home you've always envisioned. With municipal water and sewer already connected, you can save time and expense as you bring your dream to life. Thoughtfully fenced and bordering a peaceful natural park, the property offers privacy, tranquility, and a beautiful natural setting. Just steps from beach access, enjoy shoreline walks, paddle-boarding, kayaking, or simply watching the sunset. To help inspire your build, conceptual plans by local builder Howson Homes are available (builder optional). Ocean-view lots in locations like this are becoming increasingly rare. Whether you're ready to build now or planning for the future, this is your chance to embrace the best of Vancouver Island living. (id:63159)
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
11
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 | 2.7 km |
| Ladysmith Primary | Elementary | 3.3 km |
| Ladysmith Secondary | Secondary | 3.6 km |
| Ladysmith Intermediate | Elementary | 3.6 km |
| Chemainus Elementary Community School | Elementary | 6.1 km |
| Chemainus Secondary | K-12 | 6.6 km |
| Thetis Island Elementary | Elementary | 8.1 km |
| North Oyster Elementary | Elementary | 9.3 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+)
- Gourlay-Janes Park · 397 Chemainus Road113 m
- Harbourview Park · 533 Louise Road276 m
- Solmie Road Beach Access334 m
- Unnamed500 m
- Rutti Park789 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.7% ($32,990) — 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.