1154 2nd Ave
Vancouver Island
$679,900
About this residence
Prime Development Opportunity. A subdividable Tripple road lot situated in the family oriented town of Ladysmith. Don't let this rare chance to own a large lot in an expanding community pass you by. The property is zoned for multi family use and is on a sizable parcel with significant possibilities. The lot provides ample frontage and access, making it perfect for a subdivision, multi unit housing, laneway home, large workshop or a basement suite for family or rental income. With the rising demand for housing in Ladysmith, this location is ideal for your next project. The home includes 5 bedrooms, 2 bathrooms, kitchen, recreation room and a carport offering rental income while you plan your development or a comfortable living space as you personalize it. The sundeck is brand new, the roof is one year old and the house construction is solid. The property is located near all amenities. This is a unique opportunity you won't want to overlook and is move in ready. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Ownership
- Freehold
- Lot size
- 21269
- Annual tax
- $5,201
- MLS®
- 1041885
- Board
- Vancouver Island
- Status
- Active
- Listed
- Jun 29, 2026
- Updated
- Jun 30, 2026
Features & finishes
Heating
- Forced air
Lot
- Central location
- Other
- Irregular lot size
- Corner Site
- Marine Oriented
Financing
Estimated monthly payment
$3,180/mo
Loan amount
$543,920
Down payment
$135,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Vancouver Island
Frequently asked questions
What is the asking price for 1154 2nd Ave?
1154 2nd Ave is listed for $679,900, in Vancouver Island.
What type of home is 1154 2nd Ave?
1154 2nd Ave is a Multi-family, Multi-Family.
How large is 1154 2nd Ave?
The home offers a lot measuring 21269.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,180. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $5,201 per year.
Similar residences
Comparable Multi-Family near Vancouver Island at a similar price.
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