530 First Ave, Ladysmith, BC, V9G 1A7

$1,250,000

MLS® # 978810

House For Sale In Ladysmith, British Columbia

$1,250,000
  • 2

    Bedrooms

  • 1

    Bath

  • 5003.00 Square Feet

    Lot Size

Property Information:

Welcome to a prime investment opportunity on award-winning 1st Ave in Ladysmith. The property features 3 commercial units w/ excellent street frontage & a spacious, no-step level entry Rancher residence. Combining prime commercial space w/ luxurious residential living, this property is highly desirable. The commercial units suit various businesses, & above is a large single-family residence w/ high ceilings, private off-street parking, & zero noise transfer. The residence includes a courtyard w/ a freestanding gas fireplace. It has a detached garage, iron security gating, & alley access for convenience. Its location on 1st Ave offers excellent visibility & accessibility for businesses. Recent upgrades include, but are not limited to, hardscaping of rear yard space w/ a gas fireplace, new roof & gutters, & extensive landscaping. New heating systems ensure low maintenance, & economical utility costs. Rare offering in the heart of one of the best streets in Canada.

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Annual Tax Amount: $10,289
  • Basement: None
  • Built in: 1940
  • Construction Materials: Frame Wood
  • Cooling: Other
  • Fireplace Features: Gas
  • Floor Space (approx): 4064 Square Feet
  • Foundation Details: Concrete Perimeter
  • Heating: Electric, Heat Pump, Natural Gas
  • Laundry Features: In Unit
  • Lot Frontage: 5003 Square Feet
  • Lot Size: 5003.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Driveway, On Street, Open, Other
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type:
  • Roof: Fibreglass Shingle
  • Water Source: Municipal
  • Zoning: C2
  • Zoning Description: Commercial
  • Sewer:
  • No. of Parking Spaces: 3

Rooms:

  • Other Main Level 6.38 m x 3.94 m
  • Dining Main Level 3.96 m x 3.66 m
  • Bedroom Main Level 3.58 m x 3.48 m
  • Living Main Level 5.28 m x 4.09 m
  • Bathroom Main Level
  • Laundry Main Level 3.66 m x 2.01 m
  • Kitchen Main Level 3.96 m x 3.66 m
  • Storage Main Level 4.90 m x 2.01 m

Courtesy of: Royal LePage Duncan Realty

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Additional Photos