Property Type: TownhouseOwnership: Strata

8 721 Malone Rd

Ladysmith, BC V9G1S5

$349,900

3 bed1 bath1 parking992 sqftBuilt 1976
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Zoning
Multi-Family

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$635/mo
Annual property tax
$2,974

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Stall

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
OtherSecond level3'5 x 12'7
BathroomSecond level4-Piece
BedroomSecond level10'11 x 6'9
BedroomSecond level10'6 x 9'3
Primary BedroomSecond level10'11 x 11'1
StorageMain level6'11 x 2'9
EntranceMain level14'4 x 3'9
KitchenMain level7'6 x 8'2
Living roomMain level10'11
Dining roomMain level10'11 x 8'1

Listing Information

MLS®
1036286
Listed
May 11, 2026
Time on market
On the market for 112 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.

Description

Looking for 3 bedroom townhome close to town and across from schools and the Ladysmith Community centre and pool? Are you looking to become a homeowner ? An Investor ? Then Look At this! It has newer updates that include kitchen bathroom and windows . French doors off the living room lead you to a 9x12 private patio and fenced back yard. Great place to have a garden ! Your dog will enjoy it. Love a morning coffee, this 14 x5 front porch is perfect . If you like walking, complex backs on to every poplar Holland Creek Trail. Walk you kids to and from school. Its the perfect location. Make sure you view it today. Quick possession too.! For more information please call Clem Remillard at Royal Lepage Nanaimo Realty (id:63159)

Values & Trends

This listing

$353/sqft

Building average

No other active listings in this building

Ladysmith average

$387/sqft

11 active listing(s)

Parking: 1 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

22

4/9 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 PrimaryElementary164 m
Ladysmith SecondarySecondary257 m
Ladysmith IntermediateElementary595 m
Stz'uminus Senior Secondary(Independent)Secondary3.9 km
North Oyster ElementaryElementary6.5 km
Chemainus Elementary Community SchoolElementary9.4 km
Chemainus SecondaryK-1210.0 km
Thetis Island ElementaryElementary10.1 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)

  • The Phoenix779 m

Cafes (1)

  • Jas Cafe · 440 4th Avenue417 m

Parks (4)

  • Spirit Square654 m
  • Lions Park685 m
  • Wickham Park · 340 Belaire Street774 m
  • Root Street Park · 420 Root Street779 m

Gyms (1)

  • Frank Jamison Community Center345 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$279,920.00
Periodic payment — Principal & Interest (monthly)$1,805.95
Additional monthly expenses (strata, tax, utilities, etc.)$933.23
Total monthly cost$2,739.18
Interest paid over 5-yr term$80,225.88
Balance at end of term$251,788.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,495
Stress test qualifying rate8.09%
Payment you must qualify for$2,556.08

Cash Needed at Closing

Minimum down payment$17,495
Estimated BC PTT$4,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,993

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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