- Active
Lot – 4 Norah Place
Ladysmith · Vacant Land
- Lot size
- 4,792 ft²
Listed by Century 21 Harbour Realty Ltd. · MLS® 1043516
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Sign inAbout this home
Build your dream home on this exceptional building lot on Norah Rd. in one of Ladysmith’s most desirable new neighbourhoods. Perfectly positioned to enjoy the best of Vancouver Island living, this property offers a balance of peaceful residential surroundings and convenient access to everyday amenities. Just minutes from charming downtown Ladysmith, you’ll find boutique shopping, local cafés, restaurants, and the famous Old Town Bakery. Outdoor enthusiasts will love the nearby Holland Creek Trail system, scenic Heart Lake, and Transfer Beach Park, offering walking trails, swimming, kayaking, playgrounds, and waterfront recreation. Families will appreciate the proximity to schools, parks, and the Frank Jameson Community Centre and Sportsplex. Commuters benefit from the central location between Nanaimo and Duncan, with easy access to Highway 1, BC Ferries, and the Nanaimo Airport. Whether building your forever home or investing, this is a rare opportunity in a vibrant, growing community.
Home facts
- Lot size
- 4,792 sq ft
- Parking
- 3
- Property type
- Vacant Land
- Area
- Ladysmith
- Listed
- July 16, 2026
- PID
- 032-865-589
- Common interest
- Freehold
Highlights
- Waterfront
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
- $1,422
- Property tax
- $92/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,664
Purchase snapshot
- List price
- $300,000
- Down payment
- $60,000 (20%)
- Estimated mortgage
- $240,000
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
- $1,899
- 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
- $896 a month
- Gross yield
- 3.6%
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 · 55%
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.
