Property Type: Land / LotOwnership: Freehold

446 Thetis Dr

Ladysmith, BC V9G0A8

$348,800

0 bed0 bath
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Property Details

Property & Lot

Lot size
14,000 square feet
Zoning
Residential

R1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,776

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Building

Parcel ID (PID)
027-766-811

Listing Information

MLS®
1042104
Listed
July 2, 2026
Time on market
On the market for 60 days
Data last synced
September 1, 2026

Listing provided by: Real Broker · Data source: CREA DDF.

Description

One of the BEST building lots on Thetis Drive is now available for you to own. conveniently partially excavated to build your dream home on this 14000 SqFt land. You will save on building cost. ocean view from every floor. Water, Sewer and natural Gas already to the lot. beautiful trails for nature lovers to walk, hike or a bike ride. all amenities just a short drive away. close enough to airport, ferry terminal and just about 1Hrs ride to Victoria to go for a day trip. Welcome to beautiful Ladysmith. 446 Thetis is just what you were waiting for. (Bonus: Seller financing available) Please contact me for details. land dimensions from BC Assessment. (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.

Nearby Schools

SchoolTypeDistance
Ladysmith PrimaryElementary2.6 km
Ladysmith SecondarySecondary2.9 km
Ladysmith IntermediateElementary3.0 km
Stz'uminus Senior Secondary(Independent)Secondary3.4 km
Chemainus Elementary Community SchoolElementary6.8 km
Chemainus SecondaryK-127.4 km
North Oyster ElementaryElementary8.9 km
Thetis Island ElementaryElementary9.2 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.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,440) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$279,040.00
Periodic payment — Principal & Interest (monthly)$1,800.27
Additional monthly expenses (strata, tax, utilities, etc.)$231.33
Total monthly cost$2,031.60
Interest paid over 5-yr term$79,973.67
Balance at end of term$250,997.38

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,440
Stress test qualifying rate8.09%
Payment you must qualify for$2,548.04

Cash Needed at Closing

Minimum down payment$17,440
Estimated BC PTT$4,976
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,916

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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