Property Type: Detached HouseOwnership: Freehold

7261 Lantzville Rd

Lantzville, BC V0R2H0

$1,399,000

3 bed1 bath6 parking1,184 sqftBuilt 1942
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Property Details

Property & Lot

Sub-type
House
Lot size
0.91 acres
Zoning
Residential

F-SAP

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,321

Interior

Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)

Exterior & Lot

View
Ocean view

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
Unfinished RoomLower level29'5 x 26'7
StorageLower level20'7 x 13'11
OtherLower level5'2 x 15'3
Primary BedroomSecond level16'11 x 11'7
OtherSecond level3'0 x 3'3
OtherSecond level3'0 x 3'3
BedroomSecond level9'10 x 8'5
Living roomMain level15'4 x 15'5
KitchenMain level13'6 x 12'6
Dining roomMain level11'0 x 8'10
BedroomMain level11'0 x 10'7
BathroomMain level8'1 x 8'9

Listing Information

MLS®
1027337
Listed
March 1, 2026
Time on market
On the market for 184 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Return to Island life. 0.91ac estate lot & charming character home in the seaside community of Lower Lantzville. The flat, South-facing, quiet & private acreage is a gardeners paradise. Amazing location only one block from the Beach for fishing, crabbing, kayaking. Across the street from popular Huddlestone Park. Around the corner from Seaview Elementary School, pub, corner store, shops, drug store & professional offices. North Nanaimo shopping a few min drive. Renovated charming character home with coved ceilings, wood floors & farm sink. 1 bedroom & 1 bathroom with laundry on main level. French doors open to the spacious deck overlooking the orchard. 2 charming bedrooms & an office nook upstairs. Lower level walk-out basement with 2nd laundry & workshop/motorbike/kayak parking. Connected to community water & sewer with bonus shallow well for unmetered watering. Large wired workshop with covered carport & RV connections. Measurements are approximate & should be confirmed. (id:63159)

Values & Trends

This listing

$1,182/sqft

Building average

No other active listings in this building

Lower Lantzville average

$1,190/sqft

10 active listing(s)

Parking: 6 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

30

3/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Seaview ElementaryElementary231 m
Aspengrove School(Independent)K-121.9 km
McGirr ElementaryElementary3.6 km
Pleasant Valley ElementaryElementary3.7 km
Dover Bay SecondaryElementary3.8 km
Rutherford ElementaryElementary4.7 km
Randerson Ridge ElementaryElementary4.7 km
Uplands Park ElementaryElementary6.2 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.

Nearby Places

Restaurants (2)

  • Riso Foods Inc · 7217 Lantzville Road203 m
  • Lantzville Pub · 7197 Lantzville Road288 m

Parks (5+)

  • Unnamed · 7005 Lantzville School Road77 m
  • Huddlestone Park · 7080 Huddlestone Road81 m
  • Stevens Park · 7101 Stevens Place341 m
  • Sebastion Park · 7342 Lantzville Road369 m
  • Unnamed387 m

Pharmacies (2)

  • Unnamed190 m
  • Central Drugs375 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($114,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,119,200.00
Periodic payment — Principal & Interest (monthly)$7,220.70
Additional monthly expenses (strata, tax, utilities, etc.)$335.75
Total monthly cost$7,556.45
Interest paid over 5-yr term$320,765.94
Balance at end of term$1,006,724.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$114,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,874.28

Cash Needed at Closing

Minimum down payment$114,900
Estimated BC PTT$25,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$142,380

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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