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1 Thetis Dr
Du Ladysmith Ladysmith V9G 1N9

$15,000,000
Commercial Sale

Main Photo: 1 Thetis Dr in Ladysmith: Du Ladysmith Unimproved Land for sale (Duncan)  : MLS®# 957191
Photo 1: 1 Thetis Dr in Ladysmith: Du Ladysmith Unimproved Land for sale (Duncan)  : MLS®# 957191
Photo 2: 1 Thetis Dr in Ladysmith: Du Ladysmith Unimproved Land for sale (Duncan)  : MLS®# 957191
Photo 3: 1 Thetis Dr in Ladysmith: Du Ladysmith Unimproved Land for sale (Duncan)  : MLS®# 957191
Photo 4: 1 Thetis Dr in Ladysmith: Du Ladysmith Unimproved Land for sale (Duncan)  : MLS®# 957191
Photo 5: 1 Thetis Dr in Ladysmith: Du Ladysmith Unimproved Land for sale (Duncan)  : MLS®# 957191
Photo 6: 1 Thetis Dr in Ladysmith: Du Ladysmith Unimproved Land for sale (Duncan)  : MLS®# 957191
Photo 7: 1 Thetis Dr in Ladysmith: Du Ladysmith Unimproved Land for sale (Duncan)  : MLS®# 957191
Photo 8: 1 Thetis Dr in Ladysmith: Du Ladysmith Unimproved Land for sale (Duncan)  : MLS®# 957191
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
957191
Development Opportunity as proposed, includes the entire land assembly of 40.7 acres. Price: $15,000,000 Development Opportunity 1 as proposed, consists of 2.36 acres divided into 8 lots that are serviced for 4 Townhouses per Lot. These lots feature clear, unobstructed views of the Ocean Coastal Mountain Range. These lots are waiting for final subdivision approval. Price: $3,800,000 Development Opportunity 2 as proposed, consists of 9.94 acres and is R1, which will allow for up to 132 units. It has road access from Opportunity number 1 to Opportunity number 3. Includes views and services to the lot line. Price: $5,900,000 Development Opportunity 3 as proposed, is 27.77 acres with road access from Opportunity number 2. The sweeping 180-degree views to the East, N.E. and S.E. take in the Ocean, the Lower Mainland, and the Coastal Mountains. Suitable for multi-unit Residential plus Commercial, this is a blank canvas to develop a comprehensive Residential Community. Price: $6,400,000
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale of Contract
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Du Ladysmith, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
40.7 acre(s)
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Town of Ladysmith (SD68)
Legal Description:
Units in Building:
Units in Community:
Parking Features:
On Site
Total Units:
Date Listed:
Mar 25, 2024
Original Price:
1.5E7
  • Photo 1: 1 Thetis Dr in Ladysmith: Du Ladysmith Unimproved Land for sale (Duncan)  : MLS®# 957191
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  • Photo 2: 1 Thetis Dr in Ladysmith: Du Ladysmith Unimproved Land for sale (Duncan)  : MLS®# 957191
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  • Photo 3: 1 Thetis Dr in Ladysmith: Du Ladysmith Unimproved Land for sale (Duncan)  : MLS®# 957191
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  • Photo 4: 1 Thetis Dr in Ladysmith: Du Ladysmith Unimproved Land for sale (Duncan)  : MLS®# 957191
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  • Photo 5: 1 Thetis Dr in Ladysmith: Du Ladysmith Unimproved Land for sale (Duncan)  : MLS®# 957191
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  • Photo 6: 1 Thetis Dr in Ladysmith: Du Ladysmith Unimproved Land for sale (Duncan)  : MLS®# 957191
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  • Photo 7: 1 Thetis Dr in Ladysmith: Du Ladysmith Unimproved Land for sale (Duncan)  : MLS®# 957191
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  • Photo 8: 1 Thetis Dr in Ladysmith: Du Ladysmith Unimproved Land for sale (Duncan)  : MLS®# 957191
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Listed by Century 21 Queenswood Realty Ltd.
Data was last updated October 31, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$740,000
Min list price:
$129,000
Max list price:
$15,000,000
Avg days on market:
64
Min days on market:
14
Max days on market:
220
These statistics are generated based on the current listing's property type and located in Du Ladysmith. Average values are derived using median calculations.
JEFF MEYER
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.