427 Thetis Dr

Ladysmith, British Columbia
C$364,900

Local Decision Guide

How should buyers evaluate 427 Thetis Dr?

Start by reading this listing in its Ladysmith context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

For sale
427 Thetis Dr

Remarks

Unparalleled Ocean Views in a Prestigious Neighborhood! Looking for the perfect lot to build your dream home? This 15,000+ sq. ft. property boasts unobstructed ocean and mountain views from every level, with a spacious, level-entry design perfect for a three-story home. - Spectacular 180° views of the Gulf Islands & coastal mountains - Zoned R1 – Allows for a single-family home or duplex, plus options for a suite, coach house, or B&B - Construction-ready – Partially excavated, with underground services already in place - Paved road access in a quiet, high-end subdivision with million-dollar homes - Ideal location – Just 15 minutes to the airport, 8 minutes to Ladysmith’s downtown, and close to hiking, golf, and shopping This premium lot is one of the best in the area—ready for your vision to come to life! Don’t miss out on this rare chance to build in a stunning West Coast setting. All measurements are approximate, and data; buyers to verify if important. (id:56153)

Property Details

Vacant Land
Building Type
-
Bedrooms
-
Bathrooms
15,376 sf
Lot Area

Transaction: For sale

Status: active

Listing ID: 27872551 (986044)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$364,900

Lot Area: 15,376 sf

PID: 027-766-951

Days on Site: 70 days

Added to BurnabyHouse: 2026-03-28

Updated on: 2026-03-28 02:23 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Save-On-Foods
About 823.9 m away
Country Grocer
About 3 km away
1020 First Avenue
Shopping Centres
Coronation Mall
About 770.8 m away
370 Davis Road
Oyster Bay Village
About 6 km away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Thu, 22 Jan 2026 10:42:49 AM PST

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Listing Office: Royal LePage Nanaimo Realty (NanIsHwyN)

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