126 Ladysmith St, Victoria
James Bay · Single Family Residence · MLS® 1026791 · Listed Feb 24, 2026
Charming bungalow with fantastic street appeal. Ideally located in the heart of James Bay. Soaring 9’ 6” ceilings make the home roomy and spacious. Features alluring heritage fixtures. Perfect home to renovate & build wealth with sweat equity. A clean slate to modernize to your heart’s desire. Large windows bathe this home in natural light. Enjoy stunning walks along the ocean on the Dallas Road or the Inner Harbour walking paths. (a couple of blocks to the north, west, or south.) A short walk to premium restaurants, Fisherman’s Wharf Park, ocean front boardwalks, the inner harbour, parks, museums, sports fields, groceries, shopping, pubs, horse drawn carriage rides, ocean tour boats and so much more. Original home is very solid with great bones. Deep flat building lot for a new home. Also offers boundless future development potential as part of a land assembly. Very sound, dry & clean 5’ 6” height undeveloped basement creates many future possibilities. Walk score 81 & Bike score 88.
| Property Type | Single Family Residence |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Interior | 1,152 sqft |
| Lot Size | 4,050 sqft (0.09 acres) |
| Lot Features | Landscaped, Rectangular Lot, Serviced |
| Year Built | 1901 |
| Fireplaces | 1 |
| Heating | Forced Air |
| Basement | Full, Not Full Height, Unfinished, With Windows |
| Exterior | Stucco |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Basement Slab, Carpet, Hardwood, Linoleum |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Residential |
| Taxes | $4,638.58 (2025) |
| Extras | Dryer, F/S/W/D, Refrigerator, Washer |
| MLS® # | 1026791 |
| Brokerage | Pemberton Holmes Ltd. - Oak Bay |
Similar properties sold within 6 months
James Bay single-family averages, updated daily. See James Bay market stats or Victoria market stats.
126 Ladysmith St, Victoria sold on March 6, 2026, after 10 days on the market.
It sold for $869,000 (listed at $889,500). Source: BC Assessment (registered sale).
It was on the market for 10 days, from February 24, 2026 to March 6, 2026.
A Single Family Residence in James Bay, Victoria with 3 bedrooms, 1 bathrooms, 1,152 sqft, built in 1901.
The lot is 4,050 sqft (0.09 acres).
126 Ladysmith St, Victoria sold for $869,000, 0.3% above its BC-assessed value of $866,000 (assessed 2026 assessment as of July 1, 2025) — a sale-to-assessment ratio of 100%. Source: BC Assessment.
Victoria is currently a buyer's market: median sold price $1,429,500, 7.5 months of inventory, homes typically selling in about 40 days.
There are 10 houses for sale in James Bay right now. Browse all James Bay houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in James Bay is $1,429,500, based on 36 sales over the past 12 months. The median price per square foot is $697. Compare asking prices across the houses currently for sale in James Bay.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Aug 17, 2026.
