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1201 Christie Rd 4.72 Acres of Residential Land Offered at $2,630,176 USD in Ladysmith, BC V9G 1J5
Executive Summary
Avison Young is pleased to offer for sale a 4.72-acre residential development site fronting Island Highway in Ladysmith, BC. Ladysmith sits between the two largest urban centres on Vancouver Island — about 23 km south of Nanaimo and within easy reach of Victoria — which gives developers access to broader labour pools, renters and buyers. It’s also near major transportation routes including the Island Highway, ferries and the Nanaimo Airport. Residential demand in Ladysmith has significantly increased as people seek lifestyle, affordability and community amenities. The market is underserved for rental and ownership, specifically for apartments and multi-family spaces. This offering presents a developer with an affordable land acquisition to build more than 135,000 square feet of apartments or ~130 units (0.66 FSR) in a supply constrained growth market on profitable metrics.
Property Facts
| Price | $2,630,176 USD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 4.72 AC |
| Zoning | R-3-A - Low Density Residential | ||
| Price | $2,630,176 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 4.72 AC |
| Zoning | R-3-A - Low Density Residential |
1 Lot Available
Lot
| Price | $2,630,176 USD | Lot Size | 4.72 AC |
| Price Per AC | $557,240.58 USD |
| Price | $2,630,176 USD |
| Price Per AC | $557,240.58 USD |
| Lot Size | 4.72 AC |
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1201 Christie Rd
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