Property Type: Detached HouseOwnership: Freehold

634 Farrell Rd

Ladysmith, BC V9G2C6

$848,800

3 bed2 bath6 parking1,766 sqftBuilt 2025
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Property Details

Property & Lot

Sub-type
House
Lot size
8,396 square feet
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$0

Interior

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

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
Living roomMain level16'7 x 15'1
Laundry roomMain level4'0 x 5'0
KitchenMain level12'10 x 12'10
EntranceMain level10'1 x 5'3
EnsuiteMain level3-Piece
Dining roomMain level11'4 x 15'1
Primary BedroomMain level15'3 x 13'2
BedroomMain level10'4 x 12'5
BedroomMain level12'9 x 10'7
BathroomMain level3-Piece
StorageMain level10'1

Listing Information

MLS®
1043073
Listed
July 16, 2026
Time on market
On the market for 46 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (NA) · Data source: CREA DDF.

Description

Showcasing meticulous care & distinctive design with ocean views. This exceptional custom home offers remarkable quality, featuring 9-foot and vaulted ceilings, elegant flooring, and exquisite built-in cabinetry. Upon entering, you are greeted by an expansive open-concept main living area. This bright and airy layout is ideal for hosting gatherings, allowing you to bask in natural light while preparing your morning coffee in the stunning kitchen. In the evenings, you can unwind in the living room with a glass of wine, all while enjoying the picturesque ocean views. The spacious primary bedroom includes a luxurious ensuite bathroom complete with a separate soaking tub and shower, as well as an oversized walk-in closet. Additionally, the home offers two more well-appointed bedrooms, a generous main bathroom, and a convenient laundry room located on the main floor. Sliding doors open to a large front deck, perfect for soaking in the morning sun. The thoughtful design of this home includes dual glazed, Low-E, argon filled vinyl thermal windows, a workshop/ mechanical room with rough-in plumbing for sink situated at the back of the garage. The cozy partially covered back patio provides a serene space to appreciate the surrounding areas, adding to the numerous outdoor living options available. Measurements are approximate, verify if important. With the new home exemption, the buyer may qualify to not pay property transfer tax. A first time home buyer may not have to pay GST. Constructed by the reputable PGO Developments, this residence comes with a 10 year new home warranty and showcases an incredible attention to detail. You will not be disappointed, so make sure to visit and experience this remarkable home for yourself! Measurements are approximate so please verify if important. (id:63159)

Values & Trends

This listing

$481/sqft

Building average

No other active listings in this building

Ladysmith average

$549/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

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
Stz'uminus Senior Secondary(Independent)Secondary3.1 km
Ladysmith PrimaryElementary3.7 km
Ladysmith SecondarySecondary4.0 km
Ladysmith IntermediateElementary4.1 km
Chemainus Elementary Community SchoolElementary5.6 km
Chemainus SecondaryK-126.2 km
Thetis Island ElementaryElementary8.2 km
North Oyster ElementaryElementary9.7 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 (5+)

  • Unnamed441 m
  • Solmie Road Beach Access465 m
  • Harbourview Park · 533 Louise Road605 m
  • Gourlay-Janes Park · 397 Chemainus Road606 m
  • Rutti Park664 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($59,880) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$679,040.00
Periodic payment — Principal & Interest (monthly)$4,380.94
Additional monthly expenses (strata, tax, utilities, etc.)$88.00
Total monthly cost$4,468.94
Interest paid over 5-yr term$194,614.82
Balance at end of term$610,798.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,880
Stress test qualifying rate8.09%
Payment you must qualify for$6,066.52

Cash Needed at Closing

Minimum down payment$59,880
Estimated BC PTT$14,976
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,356

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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