- Active
1154 2nd Avenue
Ladysmith · Single Family
- Beds
- 5
- Baths
- 2
- Sqft
- 2,268
- Built
- 1967
Listed by Island Pacific Realty Ltd. · MLS® 1040444
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Sign inAbout this home
Welcome to this spacious 5 bedroom, 2 bathroom family home on a large corner lot in the heart of Ladysmith. Offering 2,268 SQ FT of living space, this solidly built home features spacious bedrooms, ample parking and plenty of opportunity for growth. Recent improvements include a brand new sundeck and a roof approximately 1 year old. With some fresh paint and flooring updates, this home has potential to truly shine. Conveniently located near schools, shopping, recreation and other amenities, it offers excellent value to families, investors, or those looking for room to grow. The large lot provides ample outdoor space and future possibilities. A rare opportunity to own a substantial property in one of Vancouver Islands growing communities. The property also presents a prime development opportunity with potential for subdivision and multi family development, subject to municipal approvals. A great combination of comfortable living and long term investment potential.
Home facts
- Bedrooms
- 5
- Bathrooms
- 2 full
- Interior
- 2,268 sq ft
- Lot size
- 21,269 sq ft
- Year built
- 1967
- Parking
- 5
- Property type
- Single Family
- Carport
- Yes
- Fireplaces
- 2
- Area
- Ladysmith
- Style
- Contemporary
- Listed
- June 15, 2026
- Structure
- House
- PID
- 003-775-186
- Common interest
- Freehold
Features and inclusions
- Heating
- Forced air, Oil
- Cooling
- None
- Parking
- Carport, Visitor Parking, Additional Parking
- Lot
- Private setting, Wooded area, Corner Site, Irregular lot size, Other
Rooms and building
- Water
- Zoning
- Multi-Family
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $3,223
- Property tax
- $200/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,573
Purchase snapshot
- List price
- $679,900
- Down payment
- $135,980 (20%)
- Estimated mortgage
- $543,920
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $4,303
- At 6.3292 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 41%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
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