Property Description

Rare downtown Ladysmith opportunity at 117 Kitchener St! This level 7,200 sqft C2 lot offers an incredible live-work setup or investment. The property features an updated 2-bedroom home alongside a 22'x19' commercial building. The house is move-in ready with a new metal roof, updated plumbing, wiring, paint, and flooring. Both buildings conveniently have separate hydro meters. The true value lies in the Downtown Commercial zoning, designed to accommodate a broad range of uses like retail, restaurants, offices, and tourist accommodation. Town bylaws permit up to 100% parcel coverage and building heights up to 18.0 metres, providing a massive canvas for future multi-story redevelopment. With easy access and a central location near shopping, it is an investor or developer's dream. Don't miss out on this exceptionally versatile gem!

Property Details

  • Property ID:31581482
  • Price:$809,500
  • Property Type:Residential
  • Bedrooms:2
  • Bathrooms:1
  • Lot Size:7200.00 sq ft
  • Living Area:821.00 sq ft
  • Year Built:1901
  • Parking:4 spaces
  • Status:Active
  • City:Ladysmith
  • State/Province:BC
  • Postal Code:V9G 1A7
  • Listing Agent:Mitchel Doherty
  • Office:Royal LePage Nanaimo Realty LD

Condition

  • 3 Bedrooms
  • 2 Bathroom
  • 1 Garage
  • 1 Balcony
  • 4800 sq ft
  • TV

Features

  • Air conditioning
  • Wifi
  • Swimming Pool
  • Double Bed
  • Balcony
  • Telephone
  • Garage
  • Parking
  • TV
  • Home Theater
  • Alarm
  • Garage
  • Gym
  • Electric Range
  • Private space

Floor Plans

Size Rooms Bathrooms
1600 3 2
floor-plans

Property Vedio

Property Location