Commercial Opportunity on Thetis Drive, Ladysmith - Lot 1

SITE 1

Includes proposed Lots 12 – 19

Development Site 1 as proposed, consists of +/- 2.36 acres divided into 8 lots that are serviced for 4 Townhouses per Lot.* These lots feature clear, unobstructed views of the Ocean Coastal Mountain Range. These lots are waiting for final subdivision approval.

Price: $3,800,000

BILL 44

How Does Bill 44 Impact This Project?

• It permits one secondary suite or one accessory dwelling unit in all communities in B.C.

• It requires bylaws in municipalities, with more than 5,000 people and within an urban containment boundary, to allow for four units on lots greater than 280 square metre lots zoned for single-family or duplex use.

• By June 2024, local governments are required to update their bylaws to accommodate SSMUH (Small -Scale, Multi-Unit Housing) requirements.

Proposed Units & Floor Plans

Thetis Drive Lot 1 Proposed Townhomes

Proposed Townhomes

Thetis Drive Lot 1 Proposed Townhomes
Thetis Drive Lot 1 Proposed Townhomes