Property Type: Land / LotOwnership: Strata

4960 Dixon Lane

Lantzville, BC V0R2H0

$399,900

0 bed0 bath2 parking
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Property Details

Property & Lot

Lot size
13,068 square feet
Zoning
Residential

Ownership & Fees

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

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
2

Listing Information

MLS®
1007773
Listed
July 17, 2025
Time on market
On the market for 410 days
Data last synced
August 28, 2026

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

Description

Welcome home to The Foothills, your gateway to an active lifestyle and Central Vancouver Island’s premier 1,800+ acre master-planned lifestyle community. Offering urban conveniences in a rural setting, when fully built out, The Foothills will boast more than 800 residences ideally situated amongst 1,100 acres of protected parkland offering the outdoor enthusiast and those fortunate enough to call it home 22 km of trails, 5 rock climbing areas, and 10 public viewpoints from which to enjoy the stunning panoramic West Coast views. With a West Coast, modern building scheme in place, ensuring the integrity of the community whilst enhancing and protecting the neighbourhood and your investment, this 0.30-acre fully serviced lot is ready for your design ideas. Boasting ocean and mountain views, this tiered lot likely lends itself to the desirable main-level entry home design with a walkout basement, and offers a convenient location, a short distance from the site of the future Village. Visioned to be the heart of The Foothills community, it is anticipated the future Village will feature a pedestrian plaza with a collection of small shops and services catering to the lifestyle needs of this active community, while North Nanaimo and its abundance of shopping, dining, services, and amenities are minutes away, with the highway nearby connecting you to all Island communities. Part of an exclusive, limited release of building lots within The Village At The Foothills subdivision, make the most of this opportunity to secure this conveniently located Dixon Lane lot ready for you to design your dream home and the active West Coast lifestyle you have always envisioned. 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

15°C

Partly Cloudy

Humidity 85%

Wind N 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-121.5 km
Seaview ElementaryElementary2.2 km
Pleasant Valley ElementaryElementary2.5 km
Dover Bay SecondaryElementary3.5 km
McGirr ElementaryElementary3.6 km
Randerson Ridge ElementaryElementary3.9 km
Rutherford ElementaryElementary4.3 km
Mount Benson ElementaryElementary5.2 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% ($19,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,920.00
Periodic payment — Principal & Interest (monthly)$2,064.02
Additional monthly expenses (strata, tax, utilities, etc.)$98.50
Total monthly cost$2,162.52
Interest paid over 5-yr term$91,689.99
Balance at end of term$287,769.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,921.34

Cash Needed at Closing

Minimum down payment$19,995
Estimated BC PTT$5,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,493

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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