Property Type: Detached HouseOwnership: Freehold

525 Ballou Pl

Ladysmith, BC V9G2C7

$815,000

4 bed3 bath4 parking2,015 sqftBuilt 2007
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Property Details

Property & Lot

Sub-type
House
Lot size
5,160 square feet
Zoning
Residential

R-1-A

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,819

Interior

Heating
Heat Pump, Forced air
Cooling / A/C
Central air conditioning, Fully air conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
Primary BedroomSecond level17'7
BedroomSecond level13'5 x 12'2
BedroomSecond level13'5 x 9'11
EnsuiteSecond level9'0 x 8'4
BathroomSecond level10'9 x 4'10
Living roomMain level16'5 x 15'9
Laundry roomMain level7'5 x 11'5
KitchenMain level23'8 x 12'4
EntranceMain level8'1 x 12'3
BedroomMain level13'3 x 10'2
BathroomMain level5'5 x 6'9

Listing Information

MLS®
1044750
Listed
August 4, 2026
Time on market
On the market for 27 days
Data last synced
August 28, 2026

Listing provided by: Stonehaus Realty Corp. · Data source: CREA DDF.

Description

Beautifully updated 3-bedroom + den, 3-bathroom home located at the end of a quiet cul-de-sac in one of Ladysmith's family-friendly neighbourhoods. The main level offers a bright open-concept layout with espresso cabinetry, designer lighting, and a large island with bar seating, ideal for everyday living and entertaining. A versatile den provides space for a home office, guest room, or playroom. Upstairs are three spacious bedrooms, including the primary suite with a walk-in closet and 5-piece ensuite featuring a soaker tub, separate shower, and double vanity. Situated on a flat, usable lot with fruit trees, this property offers plenty of space for outdoor enjoyment. A double garage adds convenience, while recent updates provide peace of mind. Features include: • New roof (2 years old) • Heat pump and new forced-air natural gas furnace • Municipal water • Security system • Numerous recent upgrades throughout (id:63159)

Values & Trends

This listing

$404/sqft

Building average

No other active listings in this building

Ladysmith average

$550/sqft

69 active listing(s)

Parking: 4 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

7

1/9 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 PrimaryElementary3.1 km
Stz'uminus Senior Secondary(Independent)Secondary3.1 km
Ladysmith SecondarySecondary3.4 km
Ladysmith IntermediateElementary3.5 km
Chemainus Elementary Community SchoolElementary6.2 km
Chemainus SecondaryK-126.8 km
Thetis Island ElementaryElementary8.6 km
North Oyster ElementaryElementary9.3 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

Parks (4)

  • Unnamed249 m
  • Harbourview Park · 533 Louise Road275 m
  • Rutti Park377 m
  • Gourlay-Janes Park · 397 Chemainus Road533 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($56,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$652,000.00
Periodic payment — Principal & Interest (monthly)$4,206.48
Additional monthly expenses (strata, tax, utilities, etc.)$585.92
Total monthly cost$4,792.40
Interest paid over 5-yr term$186,865.07
Balance at end of term$586,476.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$56,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,832.60

Cash Needed at Closing

Minimum down payment$56,500
Estimated BC PTT$14,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$72,300

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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