1 / 43
Legal suite

$1,175,000

3077 Hillview Rd

Save this home

Beds

5

Baths

3

Sqft

Year

2023

Type

Single Family

Suite

Legal suite

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Lantzville. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Beautifully finished almost-new home on a half acre overlooking Nanoose Bay. Designed with style and function in mind, this main-level entry home features 9-ft ceilings, quartz countertops, on-demand hot water and efficient heat pump. The open floorplan extends onto a glass-rail deck with ocean views, partial during the summer and big views when trees are bare. Three full bedrooms on the main, including the primary suite with a contemporary 5pc bath and W/I closet. Downstairs you’ll find a spacious 2 bedroom legal suite with large windows to bring in the natural light. The upper rear yard is fenced while the lower section of the property remains wild and ready for ideas. Outside access to a huge storage and utility room could offer options for a flex space – ping pong anyone??!! Sitting just above the Island Hwy, reap the benefits of easy access to Nanaimo’s amenities or Parksville’s beautiful beaches, only minutes to Winchelsea Golf Course and Nanoose's Red Gap shopping area and biking/hiking trails. All data and measurements are approximate, please verify if important. (id:65958)

Subtype
Single Family
Structure
House
Community
Upper Lantzville
Common interest
Freehold
Living area
2,556 square feet
Lot size
21,344 square feet
Lot dimensions
21344
Parking
6 total
Fireplace
1
On market
Mar 30, 2026
Status changed
Apr 23, 2026
Annual tax
$3,483
Zoning
Residential
Photos
43
MLS#
1030376
Area
LANTZVILLE

Features and systems

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowave

Heating

Heat PumpBaseboard heatersForced airElectricPropane

Cooling

Air Conditioned

View

Ocean view
Negative cash flow ~$153/mo at these assumptions

Cash on cash

-0.78%

Cap rate

4.71%

GRM

13.9

Break-even rent

$7,211

Financing

Down payment$235,000
Loan amount$940,000
Mortgage$4,763/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$539
Insurance$80
Maintenance$979
CapEx reserve$490
Vacancy loss$353

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $4,763/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.