Welcome to a prime investment opportunity on award-winning 1st Ave in Ladysmith. The property features 3 commercial units w/ excellent street frontage & a spacious, no-step level entry Rancher residence. Combining prime commercial space w/ luxurious residential living, this property is highly desirable. The commercial units suit various businesses, & above is a large single-family residence w/ high ceilings, private off-street parking, & zero noise transfer. The residence includes a courtyard w/ a freestanding gas fireplace. It has a detached garage, iron security gating, & alley access for convenience. Its location on 1st Ave offers excellent visibility & accessibility for businesses. Recent upgrades include, but are not limited to, hardscaping of rear yard space w/ a gas fireplace, new roof & gutters, & extensive landscaping. New heating systems ensure low maintenance, & economical utility costs. Rare offering in the heart of one of the best streets in Canada.
Address
530 First Ave
List Price
$1,250,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Area
Duncan
Sub-Area
Du Ladysmith
Bedrooms
2
Bathrooms
1
Floor Area
3,930 Sq. Ft.
Lot Size
5003 Sq. Ft.
Lot Size (Acres)
0.11 Ac.
Year Built
1940
MLS® Number
978810
Listing Brokerage
Royal LePage Duncan Realty
Basement Area
None
Postal Code
V9G 1A7
Tax Amount
$10,289.00
Tax Year
2023
Features
Electric, Heat Pump, Natural Gas