Prime Multi-Family Investment in beautiful Ladysmith on Vancouver Island. Heritage Manor multi-family building offering 11 suites, including 7 one-bedroom, 3 two-bedroom, and 1 three-bedroom units, some featuring ocean views and private balconies. Situated on three legal lots totaling 0.44 acres, this property provides covered parking, tenant storage, a common laundry facility, a garden area, and an owner’s workshop/storage space. With a steady income stream and various updates over the years, this is a solid investment in a thriving community. Located close to all amenities, Heritage Manor is an excellent long-term investment with strong rental demand and significant potential for future growth. Don’t miss this chance to own a multi-family property in one of Vancouver Island’s most sought-after locations. Information Package Available.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
1910
(Age: 116)
Lease Type:
Sale Price
Listing General Location:
Du Ladysmith, Duncan
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
19,200 sq. ft.1,784 m2
Taxes:
$13,874 /
2025
Building Features:
Fire Alarm, Laundry Room, Parking, Storage Room
Construction:
Block, Brick, Stone, Wood
Number of Storeys:
3
Floor finish:
Mixed
Total Building Area:
10,516 sq. ft.977 m2
Commercial Area:
Other
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Sep 19, 2025
Date Sold:
Oct 09, 2025
Ocean
Main Level
0
Yes
No
Unrestricted
Financing Notes:
1.25% if physical introduction, otherwise .625%
Assessed:
2157000.0
Assessment year:
2025
Jurisdiction name:
Town of Ladysmith (SD68)
Legal Description:
Lots 16, 17 & 18, Block 45 District Lot 56 Oyster District Plan 703A PID: 002-986-230 & 002-986-311