Ladysmith, British Columbia V9G1A7
$809,500
MLS® 1040599
2
Bedrooms
1
Bathrooms
821 square feet
Living Area
1901
Year Built
Single Family
Type
7,200 square feet
Lot Size
4
Parking
Rare downtown Ladysmith opportunity at 117 Kitchener St! This level 7,200 sqft C2 lot offers an incredible live-work setup or investment. The property features an updated 2-bedroom home alongside a 22'x19' commercial building. The house is move-in ready with a new metal roof, updated plumbing, wiring, paint, and flooring. Both buildings conveniently have separate hydro meters. The true value lies in the Downtown Commercial zoning, designed to accommodate a broad range of uses like retail, restaurants, offices, and tourist accommodation. Town bylaws permit up to 100% parcel coverage and building heights up to 18.0 metres, providing a massive canvas for future multi-story redevelopment. With easy access and a central location near shopping, it is an investor or developer's dream. Don't miss out on this exceptionally versatile gem! (id:65701)
Listed by
Royal LePage Nanaimo Realty LD
Vancouver Island
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