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! (id:44056)

Property Details

Full Address:
117 Kitchener St, Ladysmith, British Columbia
Price:
$ 809,500
MLS Number:
1040599
List Date:
June 16th, 2026
Lot Size:
7200 sq.ft.
Year Built:
1901
Taxes:
$ 3,332

Interior Features

Bedrooms:
2
Bathrooms:
1
Total Rooms:
Appliances:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Air Conditioning:
None
Heating:
Baseboard heaters, Electric, Natural gas
Fireplaces:
1

Building Features

Zoning:
Residential/Commercial
Garage Spaces:
4
Ownership Type:
Freehold
Legal Description:
28
Taxes:
$ 3,332

Floors

Finished Area:
821 sq.ft.

Land

Lot Size:
7200 sq.ft.
Lot Features:
Central location, Level lot, Other, Rectangular, Marine Oriented

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Mitchel Doherty Royal LePage Nanaimo Realty LD
250-716-6690
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Listing Agent(s)

Lead Agent: Mitchel Doherty
Office: Royal LePage Nanaimo Realty LD
Originating Board: Vancouver Island Real Estate Board

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