429 COLONIA DRIVE SOUTH
Vancouver Island · V9G1T7
$1,099,900
About this residence
Enjoy sweeping ocean views from this brand-new, quality-built home in beautiful Ladysmith. Offering approximately 2,760 sq ft of thoughtfully designed living space, this home features 5 bedrooms and 4 bathrooms, including a fully self-contained 2-bedroom legal suite with its own side entrance and in-suite laundry—ideal for extended family or rental income. The main living area is positioned on the upper level to maximize breathtaking views of Ladysmith Harbour and the coastal mountain ranges. A well-appointed kitchen showcases ample cabinetry, generous counter space, and a large island with seating, perfect for everyday living and entertaining. Coffered ceilings, expansive windows, and a cozy natural gas fireplace create a bright, welcoming atmosphere. Step onto the front deck from the living room and enjoy your morning coffee while watching stunning sunrises over the water. The primary suite offers a walk-in closet and a spa-inspired ensuite with a tiled walk-in shower. Two additional bedrooms and a 4-piece bath complete the main floor. The lower level includes the legal suite, plus a den and 2-piece bath. All information should be verified if fundamental to purchase. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 5
- Bathrooms
- 4
- Living area
- 2,760 sq ft
- Lot size
- 7253
- Parking
- 4 spaces
- Fireplace
- 1
- Year built
- 2024
- Annual tax
- $7,017
- MLS®
- 1023051
- Board
- Vancouver Island
- Status
- Active
- Listed
- Jan 12, 2026
- Updated
- Apr 8, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Main level | 4-Piece |
| Bathroom | Lower level | 4-Piece |
| Bedroom | Lower level | 11'6 |
| Bedroom | Lower level | 11'6 |
| Living room | Lower level | 9'5 |
| Kitchen | Lower level | 9'5 |
| Bathroom | Lower level | 2-Piece |
| Den | Lower level | 14'8 |
| Bedroom | Main level | 10 × 12 feet |
| Bedroom | Main level | 10 × 11 feet |
| Ensuite | Main level | 3-Piece |
| Primary Bedroom | Main level | 14'10 |
| Living room | Main level | 21'6 x 17'6 |
| Dining room | Main level | 9 × 13 feet |
| Kitchen | Main level | 10 × 13 feet |
Features & finishes
Heating
- Forced air
- Baseboard heaters
- Electric
- Natural gas
Lot
- Central location
- Other
- Marine Oriented
- Partially cleared
Views
- Mountain view
- Ocean view
Architecture
- Westcoast
Financing
Estimated monthly payment
$5,144/mo
Loan amount
$879,920
Down payment
$219,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Vancouver Island
Nearby
About the area
Census · V9G- 15,885
- Population
- 53
- Median age
- $81,000
- Median income
- $600,000
- Median home value
- 83%
- Home ownership
- 25 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 429 COLONIA DRIVE SOUTH?
429 COLONIA DRIVE SOUTH is listed for $1,099,900, in Vancouver Island.
How many bedrooms and bathrooms does 429 COLONIA DRIVE SOUTH have?
It offers 5 bedrooms and 4 bathrooms.
What type of home is 429 COLONIA DRIVE SOUTH?
429 COLONIA DRIVE SOUTH is a Single Family, House, built in 2024.
How large is 429 COLONIA DRIVE SOUTH?
The home offers approximately 2,760 sq ft of living space on a lot measuring 7253.
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 $5,144. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $7,017 per year.
Is there parking?
Yes — 429 COLONIA DRIVE SOUTH includes 4 parking spaces.
What is the Vancouver Island area like?
Vancouver Island has a population of about 15,885, a median age of 53, a 83% home-ownership rate, with an average commute of about 25 minutes.
What is the average home value in Vancouver Island?
The median dwelling value in this area is approximately $600,000, based on census data via Neighbourly.
What is the median household income in Vancouver Island?
The median household income in this area is approximately $81,000.
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