Property Type: Land / LotOwnership: Freehold

424 Colonia Dr S

Ladysmith, BC V9G0A3

$329,900

0 bed0 bath
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Property Details

Property & Lot

Lot size
11,625 square feet
Zoning
Residential

R-3-A

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,526

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Listing Information

MLS®
946086
Listed
October 13, 2023
Time on market
On the market for 1053 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Harbour Realty Ltd. · Data source: CREA DDF.

Description

Duplex Lot with Ocean Views & Spectacular Vistas! Fully engineered building lot with under ground services to the property line w some lots accommodating suites. Holland Creek Estates is a development w a focus on maintaining & accentuating the natural beauty of the area. With a focus on preserving the natural integrity, 42% of this project lands has been set aside for natural parkland, trails & creeks. Within a few steps you will find a multitude of trail systems including the Holland Creek Trail or for the more adventurous Heart Lake. Within close proximity to the local amenities that the charming Town of Ladysmith has to offer including Transfer Beach, Sports Plex & one can't forget the famous Cinnamon Buns' at the Old Town Bakery. Ladysmith gives you fast access to the Nanaimo Airport and BC Ferries and their connections to the world. All information should be verified if fundamental to purchase. Disclosure Statement available upon request. (id:63159)

Location Insights

Weather

Nearest station: Nanaimo

Partly Cloudy

13°C

Partly Cloudy

Humidity 89%

Wind WSW 6 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

15

4/9 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 PrimaryElementary1.6 km
Ladysmith SecondarySecondary1.8 km
Ladysmith IntermediateElementary2.0 km
Stz'uminus Senior Secondary(Independent)Secondary3.6 km
Chemainus Elementary Community SchoolElementary7.9 km
North Oyster ElementaryElementary7.9 km
Chemainus SecondaryK-128.5 km
Thetis Island ElementaryElementary9.6 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)

  • Starbucks789 m

Parks (1)

  • Holland Creek Park676 m

Shopping (1)

  • Coronation Mall · 370 Davis Road787 m

Pharmacies (1)

  • IDA Drug · 370 Trans-Canada Highway799 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$263,920.00
Periodic payment — Principal & Interest (monthly)$1,702.72
Additional monthly expenses (strata, tax, utilities, etc.)$210.50
Total monthly cost$1,913.22
Interest paid over 5-yr term$75,640.23
Balance at end of term$237,396.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,495
Stress test qualifying rate8.09%
Payment you must qualify for$2,409.97

Cash Needed at Closing

Minimum down payment$16,495
Estimated BC PTT$4,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$22,593

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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