$500,000
$529,900
5.6%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
1,974 SqFt
SOLD DATE : 06/10/2025
Key Details
Sold Price $500,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,974 sqft
Price per Sqft $253
MLS Listing ID 993912
Sold Date 06/10/25
Style Main Level Entry with Lower/Upper Lvl(s)
Bedrooms 4
Rental Info Unrestricted
Year Built 1950
Annual Tax Amount $3,893
Tax Year 2024
Lot Size 0.330 Acres
Acres 0.33
Property Sub-Type Single Family Detached
Property Description
Attention Developers, Investors & those looking for an income property! This 0.33 acre lot is zoned R-3-A, which is a Low Density Residential zone that accommodates multi-unit development. It has access from the Trans-Canada Highway and is also fronted by 2nd Ave at the back. The current building consists of three suites, each with its own hydro meter and hot water tank plus there is shared laundry in the basement. Suite 2 has two bedrooms and Suites 1 & 3 have one bedroom each. All three suites are currently occupied by tenants, with Suite 1 becoming vacant at the end of April. Don't miss this fantastic opportunity to acquire a sharply priced property that provides immediate rental income while you hold it and plan for its higher and better future use.
Location
Province BC
County Ladysmith, Town Of
Area Du Ladysmith
Zoning R-3-A
Direction Northeast
Rooms
Basement Full
Main Level Bedrooms 3
Kitchen 3
Interior
Heating Baseboard, Electric
Cooling None
Laundry Common Area
Exterior
Parking Features Garage, Open
Garage Spaces 1.0
Roof Type Asphalt Shingle
Total Parking Spaces 3
Building
Building Description Frame Wood, Main Level Entry with Lower/Upper Lvl(s)
Faces Northeast
Foundation Block
Sewer Sewer Connected
Water Municipal
Additional Building Exists
Structure Type Frame Wood
Others
Tax ID 000-407-488
Ownership Freehold
Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs
Read Less Info
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Bought with Pemberton Holmes Ltd. (Dun)