Property Type: Land / LotOwnership: Freehold

445 Parkhill Terr

Ladysmith, BC V9G1V6

$699,900

0 bed0 bath
Get Directions

Property Details

Property & Lot

Lot size
5.52 acres
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,791

Interior

Fireplace
None

Listing Information

MLS®
1046831
Listed
August 14, 2026
Time on market
On the market for 17 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Great opportunity to own 5.52 acres of land in desirable Ladysmith, this property is located at 445 Parkhill Terr, fully treed land for your own estate or potential for development, Possible higher density use may be supported by town planners. This is a unique property shape and topography bordering Creek on south side, in great location close to all amenities. The entrance to the property is at the south end of Parkhill Terr. (id:63159)

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

6/9 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 PrimaryElementary2.5 km
Ladysmith SecondarySecondary2.7 km
Ladysmith IntermediateElementary2.8 km
Stz'uminus Senior Secondary(Independent)Secondary3.0 km
Chemainus Elementary Community SchoolElementary6.9 km
Chemainus SecondaryK-127.5 km
North Oyster ElementaryElementary8.6 km
Thetis Island ElementaryElementary8.9 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 Wara621 m

Cafes (1)

  • Starbucks720 m

Grocery (1)

  • Save-On-Foods727 m

Parks (1)

  • Harbourview Park · 533 Louise Road711 m

Shopping (1)

  • Coronation Mall · 370 Davis Road681 m

Pharmacies (1)

  • IDA Drug · 370 Trans-Canada Highway596 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (strata, tax, utilities, etc.)$399.25
Total monthly cost$4,011.66
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,036.03

Cash Needed at Closing

Minimum down payment$44,990
Estimated BC PTT$11,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,488

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