117 Kitchener St, Ladysmith, BC V9G 1A7

$809,500
2
BD
1
BA
821
SqFt

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Courtesy of Royal LePage Nanaimo Realty LD

List Price
$809,500
Status
ACTIVE
Price Change
▲ $500 1781664474
Bedrooms
2
Sq. Ft
821
Acres
0.17
Year Built
1901
Subdivision
Du Ladysmith

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!

Additional Information

Style
Rancher
Lot Size
7,200
Interior Features
Ceiling Fan(s), Eating Area, Vaulted Ceiling(s)
Lot Features
Central location, Easy Access, Level Lot, Marina Nearby, Recreational, Rectangular Lot, Serviced
Fireplaces
1
Fireplace Type
Gas, Living Room
Parking Type
Driveway
Heating
Baseboard, Electric, Natural Gas
Cooling
None
Office Name
Royal LePage Nanaimo Realty LD

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