Property Type: Detached HouseOwnership: Freehold

7405/7425 Lantzville Rd

Lantzville, BC V0R2H0

$5,499,000

6 bed3 bath20 parking2,432 sqftBuilt 1966
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Property Details

Property & Lot

Sub-type
House
Lot size
7.1 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$0

Interior

Heating
Baseboard heaters, Forced air, Electric, Natural gas
Cooling / A/C
None
Fireplace
Yes (2)

Parking

Total spaces
20

Room Dimensions

RoomLevelDimensions
BathroomAdditional AccommodationX
Primary BedroomAdditional Accommodation10'11 x 11'10
BedroomAdditional Accommodation10'8 x 8'6
BedroomAdditional Accommodation10'8 x 8'9
KitchenAdditional Accommodation10'11 x 10'0
Dining roomAdditional Accommodation10'10 x 10'0
Living roomAdditional Accommodation17'6 x 20'0
WorkshopLower level22'8 x 19'5
Unfinished RoomLower level10'1 x 9'6
Unfinished RoomLower level6'11 x 8'7
Unfinished RoomLower level6'11 x 5'9
Unfinished RoomLower level13'7 x 9'9
Unfinished RoomLower level9'7 x 17'5
Unfinished RoomLower level9'6 x 13'3
Unfinished RoomLower level20'3 x 19'8
BathroomMain level4-Piece
EnsuiteMain level3-Piece
Primary BedroomMain level13'4 x 10'0
BedroomMain level10'2 x 7'11
BedroomMain level10'2 x 10'7
Laundry roomMain level6'8 x 4'7
Dining roomMain level9'10 x 12'0
KitchenMain level9'8 x 10'7
Eating areaMain level9'8 x 9'0
Living roomMain level10'8 x 19'8

Listing Information

MLS®
1007932
Listed
July 19, 2025
Time on market
On the market for 408 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Harbour Realty Ltd. · Data source: CREA DDF.

Description

Two acreage homes with subdividable potential that is about 10-15 minutes walk to the beach. A log home sitting on 2.3 acres and a single-family home situated on 4.8 acres with both homes having adjoining land. Both homes are excellent holding properties and can be purchased separately or together to maximize your subdividable potential. Both homes have great Tenants in place that pays their rent on time and very clean. Close to all North Nanaimo amenities and only a 20 minute drive to Parksville Beach. Any potential developments please check with the City of Lantzville. (id:63159)

Values & Trends

This listing

$2,261/sqft

Building average

No other active listings in this building

Lower Lantzville average

$1,082/sqft

10 active listing(s)

Parking: 20 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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 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 ElementaryElementary811 m
Aspengrove School(Independent)K-122.4 km
Pleasant Valley ElementaryElementary4.2 km
McGirr ElementaryElementary4.2 km
Dover Bay SecondaryElementary4.5 km
Randerson Ridge ElementaryElementary5.3 km
Rutherford ElementaryElementary5.3 km
Uplands Park ElementaryElementary6.8 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

Parks (5+)

  • Sebastion Park · 7342 Lantzville Road304 m
  • Stevens Park · 7101 Stevens Place434 m
  • Rotary Park · 6945 Peterson Road554 m
  • Huddlestone Park · 7080 Huddlestone Road661 m
  • Unnamed · 7005 Lantzville School Road687 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,099,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$4,399,200.00
Periodic payment — Principal & Interest (monthly)$28,382.15
Additional monthly expenses (strata, tax, utilities, etc.)$122.00
Total monthly cost$28,504.15
Interest paid over 5-yr term$1,260,823.37
Balance at end of term$3,957,094.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,099,800
Stress test qualifying rate8.09%
Payment you must qualify for$33,828.31

Cash Needed at Closing

Minimum down payment$1,099,800
Estimated BC PTT$192,950
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,294,250

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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