Property Type: Detached HouseOwnership: Freehold

420 Strang Dr

Ladysmith, BC V9G1V1

$699,000

3 bed3 bath2,515 sqftBuilt 1979
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
8,378 square feet
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,390

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Ocean view

Room Dimensions

RoomLevelDimensions
BedroomMain level16'9 x 12'0
StorageMain level9'0 x 11'11
Dining roomMain level11'9 x 12'6
Family roomMain level15'2 x 12'6
KitchenMain level7'2 x 12'6
Living roomSecond level19'10 x 13'2
EnsuiteSecond level2-Piece
KitchenSecond level10'6 x 16'2
Dining roomSecond level10'2 x 10'6
Laundry roomSecond level9'6 x 10'11
Primary BedroomSecond level13'8 x 10'10
BedroomSecond level13'6 x 9'0
BathroomMain level3-Piece
BathroomSecond level5-Piece

Listing Information

MLS®
1042194
Listed
July 6, 2026
Time on market
On the market for 56 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (NA) · Data source: CREA DDF.

Description

Ideally located just minutes from the shopping, restaurants, and everyday amenities, this beautifully updated Ladysmith home offers ocean views and a flexible layout with a mortgage helper. The main level is bright and inviting, featuring ocean outlooks from the living and dining areas. A functional kitchen with breakfast nook, spacious primary bedroom with 2-piece ensuite, an additional bedroom, and a large laundry room complete the upper floor. The lower level features a 1 bed & den in-law basement suite offers excellent flexibility for extended family, guests, or as a mortgage helper. It includes an open layout with a spacious kitchen, large bedroom, 3-piece bathroom, and comfortable living space. Upstairs and downstairs could be easily separated to create a two-suite home. Outside, enjoy a large covered deck, landscaped yard, and RV parking. With its convenient location, ocean outlook, and versatile layout, this home offers strong value in a sought-after Ladysmith neighbourhood. (id:63159)

Values & Trends

This listing

$278/sqft

Building average

No other active listings in this building

Ladysmith average

$552/sqft

69 active listing(s)

Parking: Not indicatedStorage 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

37

5/9 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 PrimaryElementary2.2 km
Ladysmith SecondarySecondary2.5 km
Ladysmith IntermediateElementary2.5 km
Stz'uminus Senior Secondary(Independent)Secondary2.7 km
Chemainus Elementary Community SchoolElementary7.2 km
Chemainus SecondaryK-127.7 km
North Oyster ElementaryElementary8.3 km
Thetis Island ElementaryElementary8.7 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

Restaurants (1)

  • Sushi Wara258 m

Cafes (1)

  • Starbucks381 m

Grocery (1)

  • Save-On-Foods377 m

Shopping (1)

  • Coronation Mall · 370 Davis Road346 m

Pharmacies (1)

  • IDA Drug · 370 Trans-Canada Highway269 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,200.00
Periodic payment — Principal & Interest (monthly)$3,607.77
Additional monthly expenses (strata, tax, utilities, etc.)$575.17
Total monthly cost$4,182.94
Interest paid over 5-yr term$160,268.33
Balance at end of term$503,002.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,029.80

Cash Needed at Closing

Minimum down payment$44,900
Estimated BC PTT$11,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,380

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.

Request more information