New zoning for PRIME MULTI-FAMILY 21,269 square foot lot with impressive triple road frontage. Existing solid 5 bedroom, 2 bathroom home with a brand new roof. Walking distance to town and close to all amenities. Good location that currently has lots of trees for shade and privacy. The new zoning allows for 1.3 floor space ratio, which could be 27,650 square feet of livable space in an apartment building or townhouse units. Ready for development now, or a great holding property. Also possible to keep house and subdivide off one or more Lots.Ladysmith is a west coast seaside town with a sense of pride and heritage. Hiking trails, parks, sports fields, Transfer Beach and the famous Festival of Lights are all a part of the charm of this small town. More Photos on Residential listing MLS 979732