Property Type: Detached HouseOwnership: Freehold

944 Craig Rd

Ladysmith, BC V9G2C4

$1,144,000

5 bed4 bath3 parking2,863 sqftBuilt 2022
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Property Details

Property & Lot

Sub-type
House
Lot size
9,522 square feet
Zoning
Residential

R-1-A

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,624

Interior

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

Parking

Total spaces
3 — covered indicated
Features
Garage

Room Dimensions

RoomLevelDimensions
Living room/Dining roomOther21'
KitchenAdditional Accommodation9' x 12'
BathroomOther4-Piece
BedroomOther14' x 12'
EntranceLower level12'9 x 8'8
BathroomLower level4-Piece
EnsuiteMain level4-Piece
BathroomMain level4-Piece
Primary BedroomMain level13'0 x 13'11
BedroomMain level10'0 x 10'5
BedroomMain level9'11 x 9'5
KitchenMain level12'1 x 13'4
Dining roomMain level10'1 x 13'4
Living roomMain level14'1 x 18'10
BedroomLower level18'8 x 11'7

Listing Information

MLS®
1031950
Listed
April 14, 2026
Time on market
On the market for 139 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Generation (CH) · Data source: CREA DDF.

Description

Stylish 2022-built 5 bedroom main home plus legal 1 bedroom suite on a generous .22 acre lot in Ladysmith. The main level offers a bright open concept layout with a well-appointed kitchen featuring abundant cabinetry, large island, quartz countertops and stainless appliances. The spacious living room with cozy fireplace and dining area are filled with natural light from large picture windows, with access to a generous front deck to enjoy the morning sunrise. Upstairs offers a spacious primary bedroom with ensuite, two more bedrooms and a full bath. Downstairs includes another large bedroom and full bath for the main home. The legal 1 bedroom suite has stainless appliances and a good tenant in place, making it a great mortgage helper. The property backs onto parkland with trail access and is close to Rutti Dog Park. A double garage, heat pump, and proximity to schools, shopping, recreation, and Ladysmith amenities complete the package. Well cared for, stylish and move-in ready. (id:63159)

Values & Trends

This listing

$400/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 Park112 m
  • Unnamed384 m
  • Harbourview Park · 533 Louise Road724 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($89,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$915,200.00
Periodic payment — Principal & Interest (monthly)$5,904.56
Additional monthly expenses (strata, tax, utilities, etc.)$695.00
Total monthly cost$6,599.56
Interest paid over 5-yr term$262,298.95
Balance at end of term$823,225.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$89,400
Stress test qualifying rate8.09%
Payment you must qualify for$8,109.50

Cash Needed at Closing

Minimum down payment$89,400
Estimated BC PTT$20,880
Legal / closing costs (typical estimate)$1,500
Total cash needed$111,780

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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