Prime Development Opportunity, Rental or Family Home - A subdividable corner lot situated in the family oriented town of Ladysmith. Don't let this rare chance to own a large lot in an expanding community pass you by. The property is zoned for multi family use and is on a sizable parcel with significant possibilities. The lot provides ample frontage and access, making it perfect for a subdivision, multi unit housing, laneway home, large workshop, or a basement suite for family or rental income. With the rising demand for housing in Ladysmith, this location is ideal for your next project. The home includes 5 bedrooms, 2 bathrooms, kitchen, recreation room, and a carport offering rental income while you plan your development or a comfortable living space as you personalize it. The sundeck is brand new, the roof is one year old, and the house construction is solid. The property is located near all amenities. This is a unique opportunity you won't want to overlook and is move in ready