Property Type: Detached HouseOwnership: Freehold

7902 Lantzville Rd

Lantzville, BC V0N1B0

$1,599,000

2 bed1 bath4 parking850 sqft
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Property Details

Property & Lot

Sub-type
House
Lot size
0.72 acres
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,690

Interior

Heating
Baseboard heaters
Cooling / A/C
Window air conditioner
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
4 — uncovered indicated
Features
Open

Room Dimensions

RoomLevelDimensions
BathroomMain level4-Piece
PatioMain level16'6 x 24'2
OfficeMain level8'11
Primary BedroomMain level9'3 x 11'4
BedroomMain level8'6 x 9'3
KitchenMain level8'7
Living roomMain level12'7 x 17'2
EntranceMain level4'6 x 6'8
Laundry roomMain level4'6 x 7'0

Listing Information

MLS®
1038184
Listed
May 26, 2026
Time on market
On the market for 97 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.

Description

Opportunities like this are truly rare. Nestled in the heart of Lower Lantzville, this .62-acre walk-on waterfront property offers the perfect canvas for your dream home. With the previous residence already removed, the stage is set for you to bring your vision to life—without the hassle of demolition. Imagine waking up each morning to the sound of the waves and panoramic views stretching across Nanoose Bay, Wallace Point, the Winchelsea Islands, and the mainland mountains. Whether you’re enjoying sunrise coffee on your deck or hosting friends for an oceanside evening, this property offers a lifestyle that is as rare as it is extraordinary. While you plan and design your custom waterfront home, a beautifully renovated 850 sq. ft. carriage suite provides comfort, style, and immediate livability. Thoughtfully updated with new siding, windows, flooring, plumbing, kitchen, and a durable metal roof, this charming space is move-in ready. Outdoor living is equally impressive: - Gazebo for relaxed entertaining - Hot tub for year-round enjoyment - Outdoor shower for a true coastal feel - Studio office for working from home or creative pursuits Perfect as a guest house, short-term rental, or private retreat for family, this space offers flexibility to suit your lifestyle. The Property is approx .62 acre and includes the gentle flow of Knarston Creek, which winds through the bottom 1/3 of the property. A charming bridge crosses the creek, connecting the carriage home to the waterfront portion of the property creating a sense of privacy and retreat. The waterfront itself offers a pristine, level entry to the ocean—true walk-on waterfront, ideal for kayaking, paddle boarding, or simply strolling along the shore. If you’ve been waiting for the right property to design and build your custom waterfront sanctuary, this is your moment. (id:63159)

Values & Trends

This listing

$1,881/sqft

Building average

No other active listings in this building

Lower Lantzville average

$1,120/sqft

10 active listing(s)

Parking: 4 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

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 ElementaryElementary2.8 km
Aspengrove School(Independent)K-124.2 km
Mountain View ElementaryElementary5.8 km
Pleasant Valley ElementaryElementary5.9 km
Nanoose Bay ElementaryElementary5.9 km
McGirr ElementaryElementary6.2 km
Dover Bay SecondaryElementary6.4 km
Randerson Ridge ElementaryElementary7.1 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

Cafes (1)

  • Tim Hortons497 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% ($319,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,279,200.00
Periodic payment — Principal & Interest (monthly)$8,252.96
Additional monthly expenses (strata, tax, utilities, etc.)$850.50
Total monthly cost$9,103.46
Interest paid over 5-yr term$366,622.40
Balance at end of term$1,150,644.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$319,800
Stress test qualifying rate8.09%
Payment you must qualify for$9,836.60

Cash Needed at Closing

Minimum down payment$319,800
Estimated BC PTT$29,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$351,280

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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