1237 4th Ave

Description

Future Development Opportunity on this private 3.31 AC parcel in Ladysmith, where natural beauty meets rare multi-family development potential. Zoned R3A for a proposed 48-unit townhome or duplex concept, this gently rolling, southern-exposure site features municipal services at the lot line with no curb or sidewalk requirements. Nature anchors the property, bordered by city parkland with mature trees and pristine Rocky Creek meandering through the grounds. Future residents will thrive in an active lifestyle location just mins from Forrest Field recreation, local schools, community pool, and charming 1st Ave shops and dining. Preliminary site drawings demonstrate an exceptional vision for density that seamlessly pairs quiet, forest-adjacent living with immediate access to essential amenities and the vibrant pulse of seaside Ladysmith. (id:63159)

Property Details

Annual property tax

$4,143.05

Brokerage

eXp Realty (NA)

Location Insights

Population

8,990

(2021 Census)

+5.3% since 2016

Density

746.7/km²

Dwellings

4,079

Median household income

$81,000

After-tax

$72,500

Immigrant population

12.7%

Top countries of origin

• United Kingdom4.9% · 440
• United States of America1.3% · 120
• Germany0.7% · 65
• Netherlands0.5% · 45
• Poland0.3% · 25
• South Africa, Republic of0.3% · 25
• India0.3% · 25
• Mexico0.2% · 20

Source: Statistics Canada, 2021 Census of Population.

Weather

Nearest station: Nanaimo

23°C

Mostly Cloudy

Humidity 54%

Wind N 5 km/h

Today

24°

Tonight

14°

Thursday

22°

Thursday night

11°

Friday

16°

Friday night

12°

Source: Environment and Climate Change Canada.