Ladysmith · Residential · MLS® 1040599

117 Kitchener St, Ladysmith

$809,500
2Bedrooms
1Bathrooms
821Sq Ft
1901Year Built
35Days on Market

About this property

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!

Features & details

DDF Property Type Single Family
Building Type House
Land Size 7,200 sq ft
Construction Date 1901
Feature Central location
Feature Level lot
Feature Other
Feature Rectangular
Feature Marine Oriented
Property Type Single Family Detached
Heating Baseboard,Electric,Natural Gas
Cooling None
Parking Spaces 4
Water Source Municipal
Sewer Sewer Connected
Flooring Mixed
Roof Asphalt Shingle,Metal
Foundation Poured Concrete

Room dimensions

Other
5\'10 x 2\'10
Laundry room
9\'0 x 3\'10
Bathroom
4\'9 x 7\'2
Bedroom
12\'5 x 8\'0
Primary Bedroom
13\'9 x 9\'2
Living room
14\'0 x 16\'0
Kitchen
13\'1 x 13\'9

Location

Brokerage Listed by Royal LePage Nanaimo Realty LD. Information is deemed reliable but not guaranteed.