Fantastic investment/revenue opportunity in Ladysmith! 5-plex OCEAN VIEW apartment building. This is a legal four-plex with one bachelor suite. All four bdrm suites enjoy great ocean views. Property boasts eight to nine parking spots on a large 11,040 sqft lot. Current zoning allows for a legal six-plex. numerous upgrades and improvements made and best of all...room for increased rental income. Storage lockers for each suite, new carpet in the hallways, irrigation system and much more. Full income/expense statement available plus floor plans. Serious buyers only, must be pre-qualified prior to any showings or release of any documents. 2025 income projection: $54,600 (id:57919)
| MLS® Number | 999870 |
| Property Type | Single Family |
| Neigbourhood | Ladysmith |
| Features | Central Location, Southern Exposure, Other |
| Plan | Vip1684 |
| View Type | Mountain View, Ocean View |
| Bathroom Total | 5 |
| Bedrooms Total | 8 |
| Constructed Date | 1983 |
| Cooling Type | None |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 7,380 Sqft |
| Total Finished Area | 6500 Sqft |
| Type | Fourplex |
| Access Type | Highway Access |
| Acreage | No |
| Size Irregular | 11040 |
| Size Total | 11040 Sqft |
| Size Total Text | 11040 Sqft |
| Zoning Description | R3 |
| Zoning Type | Multi-family |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 4-Piece | ||
| Second Level | Balcony | 8 ft | 5 ft | 8 ft x 5 ft |
| Second Level | Bathroom | 4-Piece | ||
| Second Level | Bedroom | 11 ft | 12 ft | 11 ft x 12 ft |
| Second Level | Primary Bedroom | 12 ft | 16 ft | 12 ft x 16 ft |
| Second Level | Balcony | 8 ft | 5 ft | 8 ft x 5 ft |
| Second Level | Kitchen | 8 ft | 11 ft | 8 ft x 11 ft |
| Second Level | Dining Room | 8 ft | 9 ft | 8 ft x 9 ft |
| Second Level | Living Room | 15 ft | 20 ft | 15 ft x 20 ft |
| Second Level | Balcony | 8 ft | 5 ft | 8 ft x 5 ft |
| Second Level | Bedroom | 11 ft | 12 ft | 11 ft x 12 ft |
| Second Level | Primary Bedroom | 12 ft | 16 ft | 12 ft x 16 ft |
| Second Level | Balcony | 8 ft | 5 ft | 8 ft x 5 ft |
| Second Level | Kitchen | 8 ft | 11 ft | 8 ft x 11 ft |
| Second Level | Dining Room | 8 ft | 9 ft | 8 ft x 9 ft |
| Second Level | Living Room | 15 ft | 20 ft | 15 ft x 20 ft |
| Lower Level | Storage | 7 ft | 6 ft | 7 ft x 6 ft |
| Lower Level | Storage | 7 ft | 10 ft | 7 ft x 10 ft |
| Lower Level | Storage | 8 ft | 22 ft | 8 ft x 22 ft |
| Lower Level | Storage | 8 ft | 29 ft | 8 ft x 29 ft |
| Lower Level | Storage | 11 ft | 14 ft | 11 ft x 14 ft |
| Lower Level | Storage | 11 ft | 11 ft | 11 ft x 11 ft |
| Lower Level | Laundry Room | 20 ft | 14 ft | 20 ft x 14 ft |
| Lower Level | Recreation Room | 11 ft | 20 ft | 11 ft x 20 ft |
| Lower Level | Bathroom | 3-Piece | ||
| Lower Level | Kitchen | 11 ft | 6 ft | 11 ft x 6 ft |
| Lower Level | Living Room | 23 ft | 15 ft | 23 ft x 15 ft |
| Lower Level | Entrance | 11 ft | 7 ft | 11 ft x 7 ft |
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Balcony | 8 ft | 5 ft | 8 ft x 5 ft |
| Main Level | Bedroom | 11 ft | 12 ft | 11 ft x 12 ft |
| Main Level | Primary Bedroom | 12 ft | 16 ft | 12 ft x 16 ft |
| Main Level | Balcony | 8 ft | 5 ft | 8 ft x 5 ft |
| Main Level | Kitchen | 8 ft | 11 ft | 8 ft x 11 ft |
| Main Level | Dining Room | 8 ft | 9 ft | 8 ft x 9 ft |
| Main Level | Living Room | 15 ft | 20 ft | 15 ft x 20 ft |
| Main Level | Balcony | 8 ft | 5 ft | 8 ft x 5 ft |
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Bedroom | 11 ft | 12 ft | 11 ft x 12 ft |
| Main Level | Primary Bedroom | 12 ft | 16 ft | 12 ft x 16 ft |
| Main Level | Balcony | 8 ft | 5 ft | 8 ft x 5 ft |
| Main Level | Kitchen | 8 ft | 11 ft | 8 ft x 11 ft |
| Main Level | Dining Room | 8 ft | 9 ft | 8 ft x 9 ft |
| Main Level | Living Room | 15 ft | 20 ft | 15 ft x 20 ft |
https://www.realtor.ca/real-estate/28313028/210-bayview-ave-ladysmith-ladysmith
Contact us for more information
Paula Wensley
(250) 388-5882
(250) 388-9636
Iain Macnaughton
(250) 388-5882
(250) 388-9636