Price
$899,900
Bedrooms3 Beds
Bathrooms3 Baths
Size2255 sqft
Year Built2025
Property TypeDetached Home
Property Taxes$2,568.25
BRAND NEW HOME with LEGAL SUITE Welcome to 108 Burns Place, Ladysmith — a stunning new construction home on an extra-large lot in a quiet cul-de-sac, ready for immediate occupancy. Thoughtfully designed for modern living, this beautifully finished residence is an ideal opportunity for both families and investors. With 5 bedrooms and 3 bathrooms, including a self-contained 2-bedroom legal suite with a private entrance and separate hydro meter, this home offers built-in income potential, space for extended family, or a comfortable guest retreat. Upstairs, the open-concept living and dining area is warm and inviting, featuring vaulted ceilings, an eco-friendly electric fireplace, and durable 12mm German laminate flooring. The contemporary kitchen is a chef’s delight with quartz countertops and a complete appliance package, making move-in a breeze. The primary suite includes a spacious walk-in closet, a 4-piece ensuite, and access to a covered deck — the perfect spot to start or end your day. The lower-level suite is bright and practical, offering 2 bedrooms, a full bathroom, separate laundry, and a partly covered patio for added privacy and comfort. Energy efficiency and modern convenience are built in with a high-efficiency heat pump, HRV system, and air conditioning. The property is also electric vehicle charger ready, ensuring your home is prepared for the future of transportation. Fenced back yard, grass sod completed and some very cool rock walls make this a backyard you’ll want to come home to. This is a rare chance to own a brand-new, move-in-ready home with built-in income potential in one of Ladysmith’s most desirable locations. GST rebate applies so $0 GST plus first time buyers also save $8000 on transfer tax (id:39198)
The listing brokerage and/or agent is REMAX Professionals
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
$3,447 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$719,920
Total Interest Payments
$443,875
Total Payment (Principal + Interest)
$1,163,795
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Realtors
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.