670 Farrell Rd, Ladysmith BC V9G 1X1

670 Farrell Rd, Ladysmith BC V9G 1X1 - Unimproved Land for Sale in Ladysmith, BC

This 0 bedroom, 0 bathroom unimproved land is listed for sale at $3,600,000 in Ladysmith, British Columbia. Lot size: 160,301 sq ft (3.68 acres).MLS® #1041862.

An exciting development opportunity in the growing seaside community of Ladysmith on Vancouver Island. This 3.68-acre vacant site carries a Multi-Family Residential OCP designation supporting buildings up to 6-storeys and FSR up to 2.2, for a maximum buildable of 352,840 SF, which provides developers exceptional scale and flexibility. Perfectly positioned along the Trans-Canada Highway between Nanaimo and Duncan, the site offers incredible harbour views and benefits from paved roads, curbing, and utilities already in place from the adjacent single-family subdivision.

There are strong market dynamics with Ladysmith drawing steady migration from higher-cost urban markets as residents seek attainable housing and a lifestyle-oriented setting. The town recorded 5.3% population growth between 2016 and 2021, and ongoing subdivision activity confirms the neighbourhood's continued development trajectory.

Looking for homes for sale in Ladysmith? Browse Ladysmith real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Part of the Duncan area.