





Price
$1,250,000
BedroomsNot listed
BathroomsNot listed
SizeNot listed
Year BuiltNot listed
Property TypeDetached Home
Property Taxes$2,784
Attention Developers. This is a 0.47-acre lot in an exceptional location with significant potential for development or as a holding property and maturing asset. The multi-family zoning will allow for seven townhomes, the development permit is in place, and the site is relatively flat with a small treed area at the back of the parcel. There is opportunity to partner with the current owner to complete the civil earthwork and servicing. This is centrally located in Ladysmith, with exceptional schools, parks, and minutes to the ocean. Holland Creek Estates is celebrated for its dedication to environmental preservation and the integration of natural beauty throughout the community. Outdoor lovers will appreciate immediate access to scenic trail networks, including the well-known Holland Creek Trail and the more rugged Heart Lake Trail. Come have a look and see what real potential looks like. (id:39198)
The listing brokerage and/or agent is Sotheby's International Realty Canada (Vic2)
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
$4,723 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,000,000
Total Interest Payments
$616,561
Total Payment (Principal + Interest)
$1,616,561
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive

Realtors

Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.