Property Type: Detached HouseOwnership: Freehold

920 Craig Rd

Ladysmith, BC V9G2C4

$997,000

4 bed4 bath3 parking2,413 sqftBuilt 2022
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Property Details

Property & Lot

Sub-type
House
Lot size
6,388 square feet
Zoning
Residential

R-1-A

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,592

Interior

Heating
Baseboard heaters, Forced air, Electric, Natural gas
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
BathroomMain level4-Piece
BathroomLower level4-Piece
BedroomMain level
MediaLower level9'6
BathroomLower level4-Piece
BedroomLower level10'6
KitchenLower level11'2
Living roomLower level18'2
EnsuiteMain level4-Piece
BedroomMain level11'2
Primary BedroomMain level13'6
Great roomMain level
Dining roomMain level13'6
KitchenMain level12'4

Listing Information

MLS®
1032766
Listed
April 20, 2026
Time on market
On the market for 133 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada (Vic2) · Data source: CREA DDF.

Description

A quality built 2 storey with a 1 bedroom legal suite that has never been rented and has been owner occupied throughout. Approx. 2475 sq ft with a layout that just makes sense, bright open living, quartz kitchen, large decks, and a cozy gas fireplace. Upstairs is set up perfectly for families with the primary bedroom right across from the others. The backyard is a standout, designed to connect directly to the trail system so you can step out your door and go. Add in hot water on demand, remaining new home warranty, and a fully self contained suite with private entry and laundry, and you have flexibility for family or income. Presented by Christine Whitbeck 250-618-3539 Sotheby's International Realty Canada. (id:63159)

Values & Trends

This listing

$413/sqft

Building average

No other active listings in this building

Ladysmith average

$550/sqft

69 active listing(s)

Parking: 3 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 PrimaryElementary3.5 km
Stz'uminus Senior Secondary(Independent)Secondary3.6 km
Ladysmith SecondarySecondary3.8 km
Ladysmith IntermediateElementary3.9 km
Chemainus Elementary Community SchoolElementary6.0 km
Chemainus SecondaryK-126.5 km
Thetis Island ElementaryElementary8.9 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 (3)

  • Rutti Park106 m
  • Unnamed372 m
  • Harbourview Park · 533 Louise Road714 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,700) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$797,600.00
Periodic payment — Principal & Interest (monthly)$5,145.84
Additional monthly expenses (strata, tax, utilities, etc.)$503.67
Total monthly cost$5,649.51
Interest paid over 5-yr term$228,594.45
Balance at end of term$717,443.78

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,700
Stress test qualifying rate8.09%
Payment you must qualify for$7,092.16

Cash Needed at Closing

Minimum down payment$74,700
Estimated BC PTT$17,940
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,140

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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