$ 1.250.000

530 First Ave, Ladysmith

  • Bedrooms: 2
  • Bathrooms: 1
  • Living area: 4064 square feet
  • Type: Residential
  • Added: 34 days ago
  • Updated: 34 days ago
  • Last Checked: 13 hours ago
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. (id:1945)
powered by
Ratehub.ca

Property DetailsKey information about 530 First Ave

  • Cooling: See Remarks
  • Heating: Heat Pump, Electric, Natural gas
  • Year Built: 1940
  • Structure Type: House

Interior FeaturesDiscover the interior design and amenities

  • Living Area: 4064
  • Bedrooms Total: 2
  • Fireplaces Total: 1
  • Above Grade Finished Area: 3930
  • Above Grade Finished Area Units: square feet

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 530 First Ave

  • Lot Size Units: square feet
  • Parking Total: 3
  • Lot Size Dimensions: 5003

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold

Tax & Legal InformationGet tax and legal details applicable to 530 First Ave

  • Zoning: Commercial
  • Parcel Number: 008-550-891
  • Tax Annual Amount: 10289
  • Zoning Description: C2
Room Dimensions
Type Level Dimensions
Storage Main level 6'7 x 16'1
Laundry room Main level 6'7 x 12'0
Kitchen Main level 12'0 x 13'0
Bathroom Main level 4-Piece
Bedroom Main level 11'5 x 11'9
Primary Bedroom Main level 12'11 x 20'11
Dining room Main level 12'0 x 13'0
Living room Main level 13'5 x 17'4
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

Nearby Listings Stat

Active listings
8
Min Price
$329,000
Max Price
$1,250,000
Avg Price
$532,087
Days on Market
39 days
Sold listings
4
Min Sold Price
$290,000
Max Sold Price
$639,900
Avg Sold Price
$532,475
Days until Sold
28 days

Nearby Places

Name
Type
Address
Distance
The Wigwam Restaurant
Restaurant
438 1st Ave
0.1 km
In The Bean Time
Cafe
18 High St
0.1 km
Holiday House Motel
Lodging
540 Esplanade
0.1 km
Roberts Street Pizza
Restaurant
20 Roberts St
0.2 km
Ladysmith railway station
The station was a flag stop on Via Rail's Victoria...
0.2 km
Ladysmith, British Columbia
The local economy is based on forestry, tourism an...
0.5 km
The 49th Cafe
Restaurant
1020 1st Ave
0.5 km
Tim Hortons
Cafe
1115 1st Ave
0.6 km
Ladysmith Harbour
The Ladysmith area was originally known as Oyster ...
1.4 km
Safeway
Grocery or supermarket
370 Trans-Canada Hwy
1.9 km
Long Lake (Vancouver Island)
Long Lake is a lake located on Vancouver Island, C...
6.4 km
Stuart Channel
Ladysmith Harbour and the town of Chemainus face o...
6.9 km
Additional Information about 530 First Ave

This House at 530 First Ave Ladysmith, BC with MLS Number 978810 which includes 2 beds, 1 baths and approximately 4064 sq.ft. of living area listed on Ladysmith market by Jeff Hunter - Royal LePage Duncan Realty at $1,250,000 34 days ago.

We have found 6 Houses that closely match the specifications of the property located at 530 First Ave with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 779,000 and 1,499,000.

The current price of the property is $1,250,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 15% down payment, the total amount borrowed would be $1,062,500. This would result in a monthly mortgage payment of $5,845 over a 25-year amortization period.

More Details?
Jeff Hunter
  • Jeff Hunter
  • Royal LePage Duncan Realty
  • 250-815-0882

Video Tour