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 |
| Tax Year |
2023 |
| Features |
Electric, Heat Pump, Natural Gas |
