Property Type: Detached HouseOwnership: Freehold

7694 Lantzville Rd

Lantzville, BC V0R2H0

$3,250,000

4 bed3 bath8 parking3,418 sqftBuilt 1986
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Property Details

Property & Lot

Sub-type
House
Lot size
1.1 acres
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,166

Interior

Heating
Heat Pump, Forced air, Natural gas
Cooling / A/C
Fully air conditioned, Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
8

Room Dimensions

RoomLevelDimensions
StorageLower level5'6
BedroomLower level12'9 x 15'3
OtherLower level
Exercise roomLower level10'4
EntranceLower level12'3
BathroomSecond level4-Piece
BedroomSecond level10'10 x 12'3
BedroomSecond level10'4 x 16'3
EnsuiteSecond level3-Piece
OtherSecond level7'4 x 7'4
Primary BedroomSecond level14'6 x 12'1
KitchenMain level21'3 x 11'6
Dining roomMain level21'3 x 8'2
Family roomMain level21'3 x 20'8
Laundry roomMain level10'5 x 8'3
Living roomMain level21'4 x 14'4
BathroomMain level2-Piece
EntranceMain level10'9 x 5'8

Listing Information

MLS®
1032514
Listed
June 11, 2026
Time on market
On the market for 81 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Island Living (QU) · Data source: CREA DDF.

Description

Experience the rare offering of a true walk-on waterfront property with direct access to sandbars & easy swimming. This legacy residence—never before listed on MLS—has been fully updated in a classic, timeless style that blends comfort with enduring quality. Everything is new, including the 4-year-old roof & a new septic system. The property has municipal water plus two wells that provide abundant water for irrigation. The yard is fully fenced & extremely private, with the nearest public beach access 1 km away. Perfect for families, the home spans three levels & offers the potential to subdivide the upper lot fronting Lantzville Road. Enjoy calm mornings paddle boarding or kayaking across the protected bay or walk for miles along the shoreline when the tide is out. An EV charger in the garage adds modern convenience, while proximity to Nanaimo’s shopping, hospital, & restaurants ensures easy access to amenities. A rare coastal retreat combining privacy, tranquility, & lasting value. (id:63159)

Values & Trends

This listing

$951/sqft

Building average

No other active listings in this building

Lower Lantzville average

$1,213/sqft

10 active listing(s)

Parking: 8 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.

Nearby Schools

SchoolTypeDistance
Seaview ElementaryElementary1.9 km
Aspengrove School(Independent)K-123.4 km
Pleasant Valley ElementaryElementary5.2 km
McGirr ElementaryElementary5.4 km
Dover Bay SecondaryElementary5.5 km
Randerson Ridge ElementaryElementary6.3 km
Rutherford ElementaryElementary6.4 km
Mountain View ElementaryElementary6.7 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: 20.0% ($650,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,600,000.00
Periodic payment — Principal & Interest (monthly)$16,774.32
Additional monthly expenses (strata, tax, utilities, etc.)$1,018.17
Total monthly cost$17,792.48
Interest paid over 5-yr term$745,167.47
Balance at end of term$2,338,708.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$650,000
Stress test qualifying rate8.09%
Payment you must qualify for$19,993.09

Cash Needed at Closing

Minimum down payment$650,000
Estimated BC PTT$80,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$732,000

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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