Property Type: Detached HouseOwnership: Freehold

621 Oakwood Rd

Ladysmith, BC V9G2C1

$879,000

4 bed3 bath4 parking2,220 sqftBuilt 2005
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Property Details

Property & Lot

Sub-type
House
Lot size
4,262 square feet
Zoning
Residential

R-1-A

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,425.9

Interior

Heating
Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BalconyMain level12'6 x 10'1
BathroomMain level8'10 x 6'10
EnsuiteMain level8'10 x 10'1
Primary BedroomMain level13'3 x 14'5
BedroomMain level10'2 x 8'10
BedroomMain level9'10 x 11'4
Dining roomMain level10'2 x 9'11
KitchenMain level10'2 x 9'6
Family roomMain level16'0 x 17'7
PorchLower level32'3 x 8'5
Utility roomLower level8'7 x 4'2
Laundry roomLower level8'7 x 4'9
BathroomLower level8'7 x 7'5
BedroomLower level9'1 x 14'1
KitchenLower level8'10 x 12'0
Living roomLower level12'5 x 16'8
EntranceLower level15'6 x 13'9

Listing Information

MLS®
1042741
Listed
July 9, 2026
Time on market
On the market for 54 days
Data last synced
August 28, 2026

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

Description

**MORTGAGE HELPER OR IN-LAW SUITE!** Welcome to 621 Oakwood Road, perfectly located in gorgeous Ladysmith! This 2,220 sq. ft. sanctuary offers the ultimate lifestyle upgrade, featuring an incredibly handy ground-level suite complete with its own second kitchen. **Prime Recreation Access** Location is everything! You are steps away from the best outdoor recreation Ladysmith has to offer. Picture yourself spending hot summer days enjoying nearby parks, trails, and sports fields, then retreating to the air-conditioned bliss of your main living area. **Entertainer's Dream** Upstairs boasts three generous bedrooms, two bathrooms, and a spacious balcony practically begging to host your next legendary weekend BBQ. Houses offering this blend of personality, unbeatable Ladysmith location, and income-suite flexibility don't sit on the market long. Book your tour today with your favorite real estate agent before someone else steals your future address! (id:63159)

Values & Trends

This listing

$396/sqft

Building average

No other active listings in this building

Ladysmith average

$551/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

11

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 SecondarySecondary1.5 km
Ladysmith IntermediateElementary1.6 km
Ladysmith PrimaryElementary1.8 km
North Oyster ElementaryElementary5.3 km
Stz'uminus Senior Secondary(Independent)Secondary5.3 km
Cedar ElementaryElementary10.9 km
Chemainus Elementary Community SchoolElementary11.1 km
Thetis Island ElementaryElementary11.4 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 (2)

  • Forrest Field · 570 Jim Cram Drive191 m
  • Kinsmen Park799 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($62,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$703,200.00
Periodic payment — Principal & Interest (monthly)$4,536.81
Additional monthly expenses (strata, tax, utilities, etc.)$563.16
Total monthly cost$5,099.97
Interest paid over 5-yr term$201,539.14
Balance at end of term$632,530.67

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$62,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,275.52

Cash Needed at Closing

Minimum down payment$62,900
Estimated BC PTT$15,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$79,980

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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