Welcome, developers! Exciting new changes to the Ladysmith R2 zone now permit higher density developments. This .39-acre lot can accommodate an 8-plex, or you can unleash your creativity and collaborate with designers to craft a multi-unit building.This building currently has 2 2pc bathrooms, small kitchenette, large hall and meeting rooms, but with some minor modifications, this space could also be transformed into a two-bedroom residential suite, generating income while you apply for development permits. Don't miss this opportunity!