Property Type: Land / LotOwnership: Strata

4842 Dixon Lane

Lantzville, BC V0R2H0

$434,900

0 bed0 bath2 parking
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Property Details

Property & Lot

Lot size
12,197 square feet
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Strata / maintenance fee
$99/mo
Annual property tax
$0

Interior

Fireplace
None

Parking

Total spaces
2

Listing Information

MLS®
1032338
Listed
April 16, 2026
Time on market
On the market for 137 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.

Description

Backed by a serene forested ridge and boasting southern exposure, this fully serviced, build-ready lot sits in Lantzville’s Village at the Foothills, moments from the proposed site of the future Upper Village. The perfect setting for your dream home, this 0.28-acre lot is flatter and slopes down at the bottom edge, ideal for a main-level-entry house with a walkout basement. This configuration allows for bright, functional living spaces and seamless indoor-outdoor flow, a natural fit for the Foothills lifestyle. Designed with the active, outdoor enthusiast in mind, more than a marketing slogan in this case, securing this lot truly will afford you nature and recreation at your back door. The 1,800+ acre master-planned lifestyle community features more than 1,100 acres of protected parkland, including over 22 km of trails for hikers and bikers, 5 rock climbing areas, and 10 public viewpoints to take in the captivating ocean and mountain views. Even better, you will be conveniently situated just minutes from North Nanaimo, featuring Vancouver Island’s largest shopping centre, big box stores, and some of Central Vancouver Island’s best dining options. Part of a limited release of building lots within the Village at The Foothills subdivision, act now to secure this prime lot and the unparalleled lifestyle reserved for those fortunate enough to call The Foothills home. Data and measurements have been obtained from the Disclosure Statement and are approximate, subject to change, and should be verified if important. Price + GST. (id:63159)

Location Insights

Weather

Nearest station: Nanaimo

Partly Cloudy

13°C

Partly Cloudy

Humidity 88%

Wind WSW 2 km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

3,817

(2021 Census)

+5.9% since 2016

Density: 137.9/km²

Dwellings: 1,568

Median household income: $99,000

After-tax: $87,000

Immigrant population: 12.7%

Top countries of origin (% of total population)

  • United Kingdom4.5% · 170
  • United States of America2.1% · 80
  • Germany1% · 40
  • Viet Nam0.5% · 20
  • Netherlands0.3% · 10
  • Poland0.3% · 10
  • Iran0.3% · 10
  • China0.3% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Aspengrove School(Independent)K-121.8 km
Pleasant Valley ElementaryElementary2.6 km
Seaview ElementaryElementary2.6 km
Dover Bay SecondaryElementary3.7 km
McGirr ElementaryElementary3.9 km
Randerson Ridge ElementaryElementary3.9 km
Rutherford ElementaryElementary4.5 km
Mount Benson ElementaryElementary5.0 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,745) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$347,920.00
Periodic payment — Principal & Interest (monthly)$2,244.66
Additional monthly expenses (strata, tax, utilities, etc.)$98.50
Total monthly cost$2,343.16
Interest paid over 5-yr term$99,714.87
Balance at end of term$312,955.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,745
Stress test qualifying rate8.09%
Payment you must qualify for$3,177.02

Cash Needed at Closing

Minimum down payment$21,745
Estimated BC PTT$6,698
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,943

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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