Property Type: Land / LotOwnership: Strata

4985 Broad Ridge Pl

Lantzville, BC V0R2H0

$524,900

0 bed0 bath
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Property Details

Property & Lot

Lot size
0.61 acres
Zoning
Residential

FH1

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Strata / maintenance fee
$117/mo
Annual property tax
$0

Interior

Fireplace
None

Exterior & Lot

View
City view, Mountain view, Ocean view

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
1045010
Listed
August 4, 2026
Time on market
On the market for 27 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (NA) · Data source: CREA DDF.

Description

.61-acre ocean view corner lot in the exclusive Lantzville Foothills, a high-end, master-planned community designed for luxury living and outdoor enthusiasts. Fully serviced, including natural gas, the lot is ready for your custom home ideas. Available is a 2022 survey and design concept to bring this vision to life. The 1800-acre community comprises 730 homes with a building scheme to preserve the quality and character of the neighborhood. Step outside to a protected 900-acre park offering endless hiking, biking, and running trails. Part of this park includes the serene Copley Trails, among the most peaceful trails in the Nanaimo area, and at the bottom of Harwood Drive, enjoy the charming Beaver Pond with its resident beavers. Just minutes from North Nanaimo, you have easy access to Woodgrove Centre, some of Nanaimo’s best restaurants, and Lower Lantzville’s public beaches. Conveniently located near the main highway, travel across Vancouver Island to Tofino, Victoria, or connect to BC Ferries to the Lower Mainland. For more information, contact Travis Briggs at Travis@travisbriggs.ca or 250-713-5501. Measurements and data are approximate and should be verified if important. (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-121.6 km
Seaview ElementaryElementary2.1 km
Pleasant Valley ElementaryElementary2.7 km
Dover Bay SecondaryElementary3.7 km
McGirr ElementaryElementary3.8 km
Randerson Ridge ElementaryElementary4.0 km
Rutherford ElementaryElementary4.5 km
Mount Benson ElementaryElementary5.4 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: 5.2% ($27,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$419,920.00
Periodic payment — Principal & Interest (monthly)$2,709.18
Additional monthly expenses (strata, tax, utilities, etc.)$117.18
Total monthly cost$2,826.36
Interest paid over 5-yr term$120,350.28
Balance at end of term$377,719.40

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,490
Stress test qualifying rate8.09%
Payment you must qualify for$3,824.91

Cash Needed at Closing

Minimum down payment$27,490
Estimated BC PTT$8,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,488

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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