515 Louise Rd

Ladysmith, British Columbia
C$899,900

Local Decision Guide

How should buyers evaluate 515 Louise Rd?

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
515 Louise Rd

Remarks

Nestled in a low traffic cul-de-sac in sought-after Ladysmith, this 5-bed, 3-bath main-level entry home offers sweeping 230° ocean and mountain views from nearly every angle. The main floor impresses with a 10ft vaulted ceiling, a gas fireplace, and a stunning, recently renovated kitchen featuring a large island, double-drawer cabinetry, wine fridge, and gas range. The spacious primary bedroom features a private ensuite and beautiful views you can enjoy right from bed. Step onto the 24' deck with BBQ hookup and soak in the views and fresh ocean air. Newer mechanical equipment offers many maintenance free years ahead: a 200-amp main breaker panel, a high-efficiency Lennox furnace (2017), a new Lennox central air conditioner (2017), and a John Wood commercial-size hot water tank (2019). The tall double garage features a new epoxy floor, and the NEW 2025 roof is outfitted with LeafGuard gutters and solar vents. Central vac and in-home laundry round out the package. Below, a fully equipped 2-bed suite with a separate entrance is ideal for extended family or valuable mortgage assistance, and features a fully covered patio, perfect for year-round relaxation. The 0.18-acre uniquely shaped lot is fully landscaped and offers RV and boat parking and two sheds for additional storage. Minutes to Transfer Beach Park, downtown Ladysmith, Holland Creek Trail, BC Ferries, and Nanaimo Airport. The area is traffic-controlled with a 30km/hour speed limit, making it safe for families and walking traffic. The suite, now vacant, was recently rented for $1,825/month. A great opportunity to own an ocean-view home with income potential in a peaceful Vancouver Island community. All measurements are approximate and should be verified if important. Call/text to book a showing 250-739-2634 (id:56153)

Property Details

House
Building Type
5
Bedrooms
3
Bathrooms
2002
Year Built
24 years
Age
40
Days on Site
8,052 sf
Lot Area
2,450 sqft
Interior Size
C$367
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29661347 (1033538)

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Site Context

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Property Summary

Price: C$899,900

Lot Area: 8,052 sf

PID: 023-866-667

Days on Site: 40 days

Added to BurnabyHouse: 2026-04-27

Updated on: 2026-05-14 04:02 PM PDT

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Lot info

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Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Save-On-Foods
About 1.1 km away
Country Grocer
About 3.5 km away
1020 First Avenue
Shopping Centres
Coronation Mall
About 1.1 km away
370 Davis Road
Oyster Bay Village
About 6.6 km away

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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