Property Type: Detached HouseOwnership: Freehold

429 Davis Rd

Ladysmith, BC V9G1V4

$749,000

4 bed2 bath6 parking2,014 sqftBuilt 1947
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Property Details

Property & Lot

Sub-type
House
Lot size
10,430 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,792

Interior

Heating
Heat Pump, Forced air, Electric, Wood
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
WorkshopLower level15'5 x 8'9
BedroomLower level9'0 x 11'4
Laundry roomLower level10'3 x 11'2
BathroomLower level6'5 x 5'7
StorageLower level8'2 x 11'2
BedroomLower level8'0 x 11'3
BedroomLower level18'4 x 13'3
DenMain level6'1 x 9'0
BathroomMain level7'7 x 9'3
Primary BedroomMain level13'11 x 11'4
KitchenMain level11'4 x 13'8
Living roomMain level13'10 x 13'8
Dining roomMain level11'7 x 13'8

Listing Information

MLS®
1043970
Listed
July 22, 2026
Time on market
On the market for 40 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty LD · Data source: CREA DDF.

Description

Incredible value at 429 Davis Road! On the market for the first time since 1975, this 4-bedroom plus den home is the ultimate smart buy. Offering unbeatable value compared to neighbouring properties, all the expensive heavy lifting is already done. Major 2021 updates include a new roof, heat pump, furnace, and flooring. Inside, enjoy bright main-level living featuring a modernized kitchen with updated counters and backsplash, updated windows and plumbing, and a cozy WETT-certified wood fireplace. Step out onto the expansive deck to take in beautiful peekaboo ocean and mountain views. Downstairs offers massive flexibility with a walkout basement that opens directly into a generous, fully usable backyard. Complete with a small workshop for your tools and DIY projects, this property offers a fantastic layout, total peace of mind, and endless outdoor space. Don't miss your chance to own this exceptionally rare, move-in ready Ladysmith gem! (id:63159)

Values & Trends

This listing

$372/sqft

Building average

No other active listings in this building

Ladysmith average

$551/sqft

69 active listing(s)

Parking: 6 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

22

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 IntermediateElementary2.6 km
Stz'uminus Senior Secondary(Independent)Secondary3.1 km
Chemainus Elementary Community SchoolElementary7.1 km
Chemainus SecondaryK-127.7 km
North Oyster ElementaryElementary8.5 km
Thetis Island ElementaryElementary9.0 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

Restaurants (1)

  • Sushi Wara520 m

Cafes (1)

  • Starbucks588 m

Grocery (1)

  • Save-On-Foods603 m

Shopping (1)

  • Coronation Mall · 370 Davis Road551 m

Pharmacies (1)

  • IDA Drug · 370 Trans-Canada Highway474 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($49,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$599,200.00
Periodic payment — Principal & Interest (monthly)$3,865.84
Additional monthly expenses (strata, tax, utilities, etc.)$417.00
Total monthly cost$4,282.84
Interest paid over 5-yr term$171,732.44
Balance at end of term$538,982.34

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$49,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,375.83

Cash Needed at Closing

Minimum down payment$49,900
Estimated BC PTT$12,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,380

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.

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