- Active
424 Colonia Drive
Ladysmith · Vacant Land
- Lot size
- 11,625 ft²
Listed by Century 21 Harbour Realty Ltd. · MLS® 946086
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Sign inAbout this home
Duplex Lot with Ocean Views & Spectacular Vistas! Fully engineered building lot with under ground services to the property line w some lots accommodating suites. Holland Creek Estates is a development w a focus on maintaining & accentuating the natural beauty of the area. With a focus on preserving the natural integrity, 42% of this project lands has been set aside for natural parkland, trails & creeks. Within a few steps you will find a multitude of trail systems including the Holland Creek Trail or for the more adventurous Heart Lake. Within close proximity to the local amenities that the charming Town of Ladysmith has to offer including Transfer Beach, Sports Plex & one can't forget the famous Cinnamon Buns' at the Old Town Bakery. Ladysmith gives you fast access to the Nanaimo Airport and BC Ferries and their connections to the world. All information should be verified if fundamental to purchase. Disclosure Statement available upon request.
Home facts
- Lot size
- 11,625 sq ft
- Property type
- Vacant Land
- Area
- Ladysmith
- Listed
- October 13, 2023
- PID
- 031-755-038
- Common interest
- Freehold
Highlights
- Ocean view
- Mountain view
Features and inclusions
- Lot
- Central location, Other, Marine Oriented
Rooms and building
- Water
- Zoning
- Residential
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
- $1,564
- Property tax
- $100/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,814
Purchase snapshot
- List price
- $329,900
- Down payment
- $65,980 (20%)
- Estimated mortgage
- $263,920
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
- $2,088
- 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
For investors
As a rental
- Estimated rent
- $812 a month
- Gross yield
- 3.0%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
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 · 52%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
