670 Farrell Rd, Ladysmith BC V9G 1X1
$3,600,000
00
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. Located in the Du Ladysmith neighborhood. Part of the Duncan area.
$3,600,000
For Sale
670 Farrell Rd, Ladysmith BC V9G 1X1
Ladysmith, BC V9G 1X1
MLS® #1041862
Paradigm Group Commercial Real Estate Services
0beds
0baths
Property Details
Farrell Rd Market Report
View comprehensive market analysis for Farrell Rd including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Farrell Rd Market ReportDescription
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.
Listing History
Members Only
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Location & Community
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$19,500
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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