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For Sale · Ladysmith

$2,850,000

640 1st Ave, Ladysmith

About This Home

The details.

Own a piece of history with THE LADYSMITH INN! This iconic hotel, bar, and restaurant is an incredible opportunity for a visionary entrepreneur in a high visibility location. Prominently located on one of Canada's most celebrated streets, renowned for its heritage buildings, brightly painted shops, local eateries, and community - offering unparalleled charm and strong foot traffic. The main-floor bar features...

Summarizing the highlights...

MLS® 1041717Listing courtesy of RE/MAX Masters RealtyView on map Street view

Property Details

Facts & features.

Property type: Other
Ownership: Freehold
Lot size: 10,048 square feet
Listed on: 2026-06-25
Days on market: 25
MLS number: 1041717
Data source: Vancouver Island Real Estate Board

Market intelligence

Statistics and history.

Days on market

Ladysmith median asking

$770K

48 active listings

New this week

48 active listings

Where this price sits in Ladysmith

$275KThis listing$1.2M

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$13,329

$2,280,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$13,329

Cash flow

-$13,329

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Ladysmith right now

Active listings

New this week

$769,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Ladysmith.

Household and demographic stats for Ladysmith, from the Statistics Canada 2021 Census.

8,990
Population (2021): 52.8
Median age: 3,925
Households: 2.2
Avg household size: 80.8%
Home ownership: $81,000
Median household income

Ladysmith neighbourhood guide Full census profile Ladysmith market trends

The immediate block around this home (right here): about 541 residents in 291 homes, 1,991 people/km² (urban).

Source: Statistics Canada 2021 Census, Ladysmith, Town, British Columbia; block-level figures from dissemination area 59190291.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.