1136 Trans Canada Hwy, Ladysmith, BC

$529,900

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4

Beds

3

Baths

1,974

Square feet

0.33

Acres

About 1136 Trans Canada Hwy

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.

Basic Information

Price $529,900
MLS® # 993912
Sub-Type Single Family Detached
Year Built 1950
Beds 4
Baths 3.00
Kitchens 3
Interior SqFt 3,291
Lot Size 0.33 Acres

Location Information

Address 1136 Trans Canada Hwy
Postal Code V9G 1A0
Area Duncan
Sub Area Ladysmith
Jurisdiction Town of Ladysmith (SD68)
PID Number 000-407-488
Waterfront? No

Features & Amenities

Water Municipal
Sewer Sewer Connected
Heating Baseboard, Electric
Cooling None
Foundation Details Block
Property Condition Resale
Laundry Common Area
Parking Garage, Open

Additional Information

Pet Policy Aquariums, Birds, Caged Mammals, Cats, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No

Listing Details

OfficeRoyal LePage Nanaimo Realty (NanIsHwyN)

Listing Map