5041 Paton Rd

5041 Paton Rd · Ladysmith · House · 2 bed · 1 bath · $854,000 · MLS 1037227

Ladysmith, British Columbia
C$854,000
For sale
5041 Paton Rd

5041 Paton Rd is located in Ladysmith. Property snapshot: House, 2 bed, 1 bath, listed at $854,000, MLS 1037227. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest recorded list pric

List Price: $854,000
MLS: 1037227
Bedrooms: 2
Bathrooms: 1
Interior Size: 879 sqft
Days on Market: -
Days on Site: 5
Deal Score: 50/100
Price History: Latest recorded list price 854000.00

Local Decision Guide

How should buyers evaluate 5041 Paton 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.

Listing FAQ

What is the current list price for 5041 Paton Rd?

This page shows a list price of $854,000 with MLS 1037227.

What type of home is this Ladysmith listing?

The page shows House, 2 bed, 1 bath at 5041 Paton Rd. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 854000.00.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

5041 Paton Road is a unique walk-on waterfront retreat offering the best of Vancouver Island living. Situated on a private 0.20-acre lot at the end of a quiet dead-end road in Ladysmith, this property combines natural beauty, thoughtful updates, and a peaceful setting mins to marinas, restaurants, shopping, ferries, and the airport. Built in 1965, this 2-bed, 1-bath home has been extensively improved. The bright sunroom was converted into a second bedroom with direct access to the deck and would also make an ideal home office or creative space. Main level has an updated kitchen and bathroom, local alder hardwood floors, and newer windows, doors, and blinds. Recent updates include newer kitchen appliances, a new fence, and freshly sanded and stained decks. Lower level has exterior access to workshop and storage areas, plus a bonus room for a den, office, or guest accommodation. Property history includes a miniature railway that once delighted neighborhood children. Outside is where this property truly shines. Wander through the beautifully landscaped terraced gardens with hand-built rock walls and pathways leading to the wood-fired sauna. Relax around the firepit, entertain on the lower waterfront deck, or enjoy morning coffee while taking in the coastal scenery. A detached storage shed has space for hobbies and gear. Wildlife includes otters, eagles, herons, oyster catchers, seals, quail, and songbirds that frequent the shoreline. Other updates: upgraded heating, perimeter drainage, basement waterproofing, underground sprinklers, and a newer hot water tank. Whether searching for a full-time residence or the perfect Island getaway, 5041 Paton Road offers an exceptional opportunity to enjoy the relaxed coastal lifestyle Vancouver Island is famous for. (id:56153)

Property Details

House
Building Type
2
Bedrooms
1
Bathrooms
1965
Year Built
61 years
Age
5
Days on Site
8,712 sf
Lot Area
879 sqft
Interior Size
C$972
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29942016 (1037227)

Become a VIP member for free. More details will be available.
The information below is generated by BurnabyHouse.com for your convenience and may not always be accurate. Consult a Realtor to verify.

Site Context

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

Property Summary

Price: C$854,000

Lot Area: 8,712 sf

PID: 004-970-403

Days on Site: 5 days

Added to BurnabyHouse: 2026-06-23

Updated on: 2026-06-23 11:02 AM PDT

Become a VIP member for free. More details will be available.

Lot info

Free sign-up unlocks full lot information
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
Country Grocer
About 2.2 km away
1020 First Avenue
Save-On-Foods
About 4.6 km away
Shopping Centres
Oyster Bay Village
About 1.1 km away
Coronation Mall
About 4.6 km away
370 Davis Road

Price History

Free sign-up unlocks price history
View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

Newsletter

Enter your email to receive market updates and new listing alerts.

NEED TO CONSULT
A REALTOR?

We’re here for you!
Most inquiries receive a response within a few hours.
No spam. Just helpful answers.
You can also text Gary @ 778.801.1314

Classic Search

Recent News

Jun 27, 2026
Montreal Advocate Warns of Haitian Asylum Wave After U.S. Supreme Court Ruling
Montreal Advocate Warns of Haitian Asylum Wave After U.S. Supreme Court Ruling

A Montreal-based advocate for asylum seekers, Frantz André, has warned that Canada should anticipate a new wa…

Jun 23, 2026
Expert: B.C. Condo Conversion Plan Targets Financial Stability Over Housing
Expert: B.C. Condo Conversion Plan Targets Financial Stability Over Housing

An urban planning expert has questioned the primary motivation behind the British Columbia government's plan…

Jun 26, 2026
Metro Vancouver Rental Prices Rise in June 2026: Cheapest Neighbourhoods
Metro Vancouver Rental Prices Rise in June 2026: Cheapest Neighbourhoods

Rental prices in Metro Vancouver increased for the first time in 2026, according to data from the online rent…

Jun 26, 2026
Canada's Mortgage Debt Hits $2.4 Trillion as Arrears Climb to 2020 High
Canada's Mortgage Debt Hits $2.4 Trillion as Arrears Climb to 2020 High

Canada's total residential mortgage debt surpassed $2.4 trillion in January 2026, marking a 4.8 per cent year…

Jun 26, 2026
LiUNA and Fengate Open 500 Upper Wellington, 260-Unit Rental in Hamilton
LiUNA and Fengate Open 500 Upper Wellington, 260-Unit Rental in Hamilton

Fengate Asset Management announced the official opening of 500 Upper Wellington, a 260-unit purpose-built ren…

Jun 26, 2026
Condo Fees Escalate Across Canada as Buyers Overlook True Costs
Condo Fees Escalate Across Canada as Buyers Overlook True Costs

Condo fees across Canada are escalating due to a structural correction after years of underfunded building re…

Jun 26, 2026
C.D. Howe Institute Urges Bank of Canada to Publish Interest Rate Forecasts
C.D. Howe Institute Urges Bank of Canada to Publish Interest Rate Forecasts

The C.D.. Howe Institute has recommended that the Bank of Canada begin publishing its own interest rate forec…

Jun 25, 2026
BC and Federal Governments Announce $1.45B Plan to Buy 2,200 Unsold Condos for Rent-to-Own
BC and Federal Governments Announce $1.45B Plan to Buy 2,200 Unsold Condos for Rent-to-Own

B.C.. Premier David Eby and Prime Minister Mark Carney have unveiled a joint federal-provincial initiative to…

Jun 25, 2026
Carney’s Rent-to-Own Plan Targets Metro Vancouver’s 3,215 Empty Condos
Carney’s Rent-to-Own Plan Targets Metro Vancouver’s 3,215 Empty Condos

Prime Minister Mark Carney has outlined a strategy to purchase unsold, distressed condominiums at a discount…

Listing data displayed on this page is provided under license and may be based in whole or in part on information supplied by members of The Canadian Real Estate Association, participating real estate boards, brokerages, and authorized data providers. MLS®, REALTOR®, and related marks are owned or controlled by The Canadian Real Estate Association. Listing information is deemed reliable but is not guaranteed accurate, complete, or current. Users should verify all material facts with a licensed REALTOR® on BurnabyHouse.com before making decisions.

Powered by REALTOR.ca

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).

Last Updated: Tue, 23 Jun 2026 09:42:49 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Royal LePage Nanaimo Realty LD

BurnabyHouse AI Assistant