Property Type: Land / LotOwnership: Strata

5025 Broad Ridge Pl

Lantzville, BC V0R2H0

$425,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
0.5 acres
Zoning
Residential

FH1

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Strata / maintenance fee
$117/mo
Annual property tax
$2,090

Interior

Fireplace
None

Exterior & Lot

View
City view, Mountain view, Ocean view

Restrictions & Policies

Pets
Allowed

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

Listing Information

MLS®
1040091
Listed
June 10, 2026
Time on market
On the market for 82 days
Data last synced
August 28, 2026

Listing provided by: Royal Pacific Realty (Kingsway) Ltd. · Data source: CREA DDF.

Description

Gorgeous wide ocean and mountain views, worth driving to appreciate newly developed subdivision 'The Foothills' lot #24. Fully services, with building scheme, easy to build 1/2 acre. Only for $475,000 plus GST, protected by approx 1100 acres of parkland, surrounded by multimillion $$$ custom built hones complement your lavish lifestyle. Well designed prestige neighbourhood with 22 km of trails, scenic viewpoints with a future village centre anchored by a walkable plaza of shops and services. If provides a resort type feeling, privacy and outdoor living. Minutes away from all amenities i.e Health, Golf, Beaches, Theaters, Pubs, Dine-In Restaurants, fast food, Woodgove Mall, Home Depot and Costco. (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-121.6 km
Seaview ElementaryElementary2.1 km
Pleasant Valley ElementaryElementary2.8 km
Dover Bay SecondaryElementary3.8 km
McGirr ElementaryElementary3.9 km
Randerson Ridge ElementaryElementary4.2 km
Rutherford ElementaryElementary4.6 km
Mount Benson ElementaryElementary5.5 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% ($21,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$340,000.00
Periodic payment — Principal & Interest (monthly)$2,193.56
Additional monthly expenses (strata, tax, utilities, etc.)$291.17
Total monthly cost$2,484.73
Interest paid over 5-yr term$97,444.98
Balance at end of term$305,831.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,250
Stress test qualifying rate8.09%
Payment you must qualify for$3,104.70

Cash Needed at Closing

Minimum down payment$21,250
Estimated BC PTT$6,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,250

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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