$1,250,000

530 First Ave, Ladysmith, BC, V9G 1A7

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MLS® # 978810

2 Beds

1 Bath

4064 FEETSQ sqft

Property Information:

Welcome to a prime investment opportunity on award-winning 1st Ave in Ladysmith. The property features 3 commercial units w/ excellent street frontage & a spacious, no-step level entry Rancher residence. Combining prime commercial space w/ luxurious residential living, this property is highly desirable. The commercial units suit various businesses, & above is a large single-family residence w/ high ceilings, private off-street parking, & zero noise transfer. The residence includes a courtyard w/ a freestanding gas fireplace. It has a detached garage, iron security gating, & alley access for convenience. Its location on 1st Ave offers excellent visibility & accessibility for businesses. Recent upgrades include, but are not limited to, hardscaping of rear yard space w/ a gas fireplace, new roof & gutters, & extensive landscaping. New heating systems ensure low maintenance, & economical utility costs. Rare offering in the heart of one of the best streets in Canada.

Property Features:

Bedrooms: 2
Bathrooms: 1
Annual Tax Amount: $10,289
Basement: None
Built in: 1940
Construction Materials: Frame Wood
Cooling: Other
Fireplace Features: Gas
Floor Space (approx): 4064 Square Feet
Foundation Details: Concrete Perimeter
Heating: Electric, Heat Pump, Natural Gas
Laundry Features: In Unit
Lot Frontage: 5003 Square Feet
Lot Size: 5003.00 Square Feet
Ownership: Freehold
Parking Features: Driveway, On Street, Open, Other
Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Property Condition: Resale
Property Sub Type:
Roof: Fibreglass Shingle
Water Source: Municipal
Zoning: C2
Zoning Description: Commercial
Sewer:
No. of Parking Spaces: 3

Rooms:

Other Main Level 6.38 m x 3.94 m
Dining Main Level 3.96 m x 3.66 m
Bedroom Main Level 3.58 m x 3.48 m
Living Main Level 5.28 m x 4.09 m
Bathroom Main Level
Laundry Main Level 3.66 m x 2.01 m
Kitchen Main Level 3.96 m x 3.66 m
Storage Main Level 4.90 m x 2.01 m

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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