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Dylon Paul

eXp Realty

dylon@dylonpaul.ca +1(250) 650-9019

Listing by Dan Chatfield Paradigm Group Commercial Real Estate Services

$ 3,600,000

Est. payment -/mo

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Active

670 Farrell Rd Ladysmith, BC V9G 1X1

3.68 Acres Lot

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

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.”

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