Attention Developers, Investors & those looking for an income property! This 0.33 acre lot is zoned R-3-A, which is a Low Density Residential zone that accommodates multi-unit development. It has access from the Trans-Canada Highway and is also fronted by 2nd Ave at the back. The current building consists of three suites, each with its own hydro meter and hot water tank plus there is shared laundry in the basement. Suite 2 has two bedrooms and Suites 1 & 3 have one bedroom each. All three suites are currently occupied by tenants, with Suite 1 becoming vacant at the end of April. Don’t miss this fantastic opportunity to acquire a sharply priced property that provides immediate rental income while you hold it and plan for its higher and better future use. (29103116)
Property Type
Single Family
Neighbourhood Name
Ladysmith
Annual Property Taxes
$3,893 (CAD)
Time on REALTOR.ca
8 days
Get a taste for the neighbourhood where this listing is located.
The following neighbourhood demographic information is provided by a third-party supplier based on census data from Statistics Canada.
No demographic information is available for this specific location.
Demographics data is temporarily unavailable
This calculator is for demonstration purposes only. REALTOR.ca Canada Inc. does not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.