Property Type: Detached HouseOwnership: Freehold

844 Therres Cres

Ladysmith, BC V9G1N5

$848,000

4 bed2 bath4 parking1,389 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
House
Lot size
8,007 square feet
Zoning
Residential

R-1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,117.28

Interior

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

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
Unfinished RoomMain level13'4 x 40'1
Laundry roomMain level5'6 x 19'2
EntranceMain level10'6 x 4'10
KitchenSecond level12'11 x 12'2
Dining roomSecond level12'11 x 8'4
Living roomSecond level20'4 x 11'11
EnsuiteSecond level10'6 x 7'6
BathroomSecond level7'7 x 6'7
BedroomMain level18'2 x 11'11
BedroomSecond level11'2 x 9'10
BedroomSecond level11'2 x 9'11
Primary BedroomSecond level16'11

Listing Information

MLS®
1043830
Listed
July 22, 2026
Time on market
On the market for 41 days
Data last synced
August 28, 2026

Listing provided by: REMAX Ocean Pacific (Crtny) · Data source: CREA DDF.

Description

This beautiful 3(4) bed, 2 bath home offers roughly 1,900 sq. ft. of above-grade living space in a quiet, family-friendly neighbourhood. The bright upper level features a spacious living room with a natural gas fireplace, functional kitchen, dining area, and a generous primary bedroom with 4-piece ensuite, along with 2 more bedrooms. Downstairs includes a family room or 4th bedroom, laundry, double garage, and an impressive 534 sq. ft. unfinished storage area with excellent potential for a rec room, home office, additional bedroom, or, subject to municipal approval, a secondary suite. Located minutes from schools, parks, shopping, and recreation, you'll enjoy Ladysmith's charming heritage downtown, scenic waterfront, and convenient access to both Nanaimo and Duncan. A fantastic opportunity to enjoy the Vancouver Island lifestyle! Note: Measurements are taken from iGUIDE and are approximate. Buyers should verify all measurements and floor areas if important to their purchase. (id:63159)

Values & Trends

This listing

$611/sqft

Building average

No other active listings in this building

Ladysmith average

$547/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

15

2/9 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 SecondarySecondary430 m
Ladysmith PrimaryElementary704 m
Ladysmith IntermediateElementary823 m
Stz'uminus Senior Secondary(Independent)Secondary4.5 km
North Oyster ElementaryElementary6.2 km
Chemainus Elementary Community SchoolElementary9.9 km
Chemainus SecondaryK-1210.5 km
Thetis Island ElementaryElementary10.7 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 (1)

  • Kinsmen Park378 m

Gyms (1)

  • Frank Jamison Community Center443 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($59,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$678,400.00
Periodic payment — Principal & Interest (monthly)$4,376.81
Additional monthly expenses (strata, tax, utilities, etc.)$495.44
Total monthly cost$4,872.25
Interest paid over 5-yr term$194,431.39
Balance at end of term$610,222.99

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,800
Stress test qualifying rate8.09%
Payment you must qualify for$6,060.98

Cash Needed at Closing

Minimum down payment$59,800
Estimated BC PTT$14,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,260

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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