Real Estate Opportunities -- Town Property

Don't miss the unique opportunity to invest in Ladysmith real estate. Whether you are considering building your dream home or you are a developer looking for a new venture, the Town of Ladysmith may have the property to suit your needs. 

The Town has recently listed its property at 900 Russell Road for sale.  

When the Town bought the Russell Road property in in 2003, one of the considerations was that a part of it could be used for future sports fields for the Town.  In the meantime, however, we have developed the sports complex at Forrest Field, as well as the fenced dog park at the former Ecole Davis Road School site.  In addition, our 2016 Parks, Recreation and Culture Master Plan confirmed that the development of playing fields in this location is not recommended.  In fact, the Master Plan identifies the site as one that would have open space and trail connectivity to other parks and trails.

In 2010, Council began marketing the 900 Russell Road property to raise funds that could be used for future capital developments or property purchases to benefit Ladysmith residents.  Although we were unsuccessful at the time, market conditions are now right for us to list the property for sale again.

The sale of the property will provide funds that can be used for future capital projects or property purchases that will benefit Ladysmith residents.  This is in keeping with Council’s priority to make important investments in the future of our community, laying a foundation for sustainable growth that will attract business investment and generate economic activity to help offset the tax burden to residents in future years. 

View the MLS Listing

Fact Sheet Russell Road Property

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