670 Farrell Rd, Ladysmith, BC V9G 1X1
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Jason Anson

Jason Anson

+1(250) 252-7653
Listing by Dan Chatfield Paradigm Group Commercial Real Estate Services
$3,600,000
Est. payment /mo
3.68 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1041862

HOA Y/N No

Annual Tax Amount $41,049

Tax Year 2026

Lot Size 3.680 Acres

Acres 3.68

Property Sub-Type Unimproved Land

Property Description

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.

Location

Province BC

County Ladysmith, Town Of

Community Du Ladysmith

Area Duncan

Zoning CD26

Interior

Fireplace No

Exterior

Parking Features On Site

View Y/N false

Street Surface Paved

Garage No

Building

Lot Description Central Location, Easy Access, Serviced

Sewer Sewer To Lot

Water Municipal

Others

Ownership Freehold

Acceptable Financing Clear Title

Listing Terms Clear Title

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Jason Anson
Jason Anson

Agent | License ID: 188385

+1(250) 252-7653 | sold@jasonanson.ca

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670 Farrell Rd

This page highlights a For Sale Listing, giving you a closer look at property details while also connecting you to the broader real estate market on Vancouver Island. Every listing is part of a larger story shaped by neighbourhood activity and regional demand. I have lived on Vancouver Island for more than 30 years and know how communities change over time. In my professional work I focus on proving actual market value with market movement data, helping both buyers and sellers see where a property fits in today’s market. Use these guides to explore regional areas and compare this listing with the wider housing story of the island at Living on Vancouver Island.