1201 Christie Rd, Ladysmith, BC V9G 1J5
1201 Christie Rd, Ladysmith, BC V9G 1J5
1201 Christie Rd, Ladysmith, BC V9G 1J5
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Office RE/MAX Generation

Office RE/MAX Generation

+1(250) 294-6683
Listed by Bijan Lalji Avison Young Commercial Real Estate Services
$3,600,000
Est. payment /mo
4.72 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1028740

HOA Y/N No

Annual Tax Amount $9,837

Tax Year 2025

Lot Size 4.720 Acres

Acres 4.72

Property Sub-Type Unimproved Land

Property Description

Avison Young is pleased to offer for sale a 4.72-acre residential development site fronting Island Highway in Ladysmith, BC. Ladysmith sits between the two largest urban centres on Vancouver Island - about 23 km south of Nanaimo and within easy reach of Victoria - which gives developers access to broader labour pools, renters and buyers. It's also near major transportation routes including the Island Highway, ferries and the Nanaimo Airport. Residential demand in Ladysmith has significantly increased as people seek lifestyle, affordability and community amenities. The market is underserved for rental and ownership, specifically for apartments and multi-family spaces. This offering presents a developer with an affordable land acquisition to build more than 135,000 square feet of apartments or-130 units (0.66 FSR) in a supply constrained growth market on profitable metrics.

Location

Province BC

County Ladysmith, Town Of

Community Du Ladysmith

Area Duncan

Zoning R-3-A

Interior

Fireplace No

Exterior

Parking Features On Site

View Y/N No

Street Surface Paved

Garage No

Others

Ownership Freehold

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+1(250) 294-6683

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202-3440 Douglas St, Victoria, V8Z 3L5, Canada

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