Property Type: Land / LotOwnership: Freehold

Lot 3 Norah Pl

Ladysmith, BC V9G1W4

$300,000

0 bed0 bath3 parking
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Property Details

Property & Lot

Lot size
5,317 square feet
Zoning
Residential

R-1-A

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Parking

Total spaces
3

Listing Information

MLS®
1043514
Listed
July 16, 2026
Time on market
On the market for 46 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Harbour Realty Ltd. · Data source: CREA DDF.

Description

Build your dream home on this exceptional building lot on Norah Rd one of Ladysmith’s most desirable new neighbourhoods. Perfectly positioned to enjoy the best of Vancouver Island living, this property offers a balance of peaceful residential surroundings and convenient access to everyday amenities. Just minutes from charming downtown Ladysmith, you’ll find boutique shopping, local cafés, restaurants, and the famous Old Town Bakery. Outdoor enthusiasts will love the nearby Holland Creek Trail system, scenic Heart Lake, and Transfer Beach Park, offering walking trails, swimming, kayaking, playgrounds, and waterfront recreation. Families will appreciate the proximity to schools, parks, and the Frank Jameson Community Centre and Sportsplex. Commuters benefit from the central location between Nanaimo and Duncan, with easy access to Highway 1, BC Ferries, and the Nanaimo Airport. Whether building your forever home or investing, this is a rare opportunity in a vibrant, growing community. (id:63159)

Location Insights

Weather

Nearest station: Nanaimo

Partly Cloudy

13°C

Partly Cloudy

Humidity 89%

Wind WSW 6 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
Stz'uminus Senior Secondary(Independent)Secondary3.3 km
Ladysmith PrimaryElementary3.4 km
Ladysmith SecondarySecondary3.7 km
Ladysmith IntermediateElementary3.8 km
Chemainus Elementary Community SchoolElementary6.0 km
Chemainus SecondaryK-126.6 km
Thetis Island ElementaryElementary8.7 km
North Oyster ElementaryElementary9.6 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 (4)

  • Unnamed108 m
  • Rutti Park185 m
  • Harbourview Park · 533 Louise Road457 m
  • Gourlay-Janes Park · 397 Chemainus Road664 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($15,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$240,000.00
Periodic payment — Principal & Interest (monthly)$1,548.40
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$1,548.40
Interest paid over 5-yr term$68,784.69
Balance at end of term$215,880.78

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$15,000
Stress test qualifying rate8.09%
Payment you must qualify for$2,191.55

Cash Needed at Closing

Minimum down payment$15,000
Estimated BC PTT$4,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,500

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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