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7937 Southwind Dr
Beds
4
Baths
3
Sqft
2,210
Year
1976
Type
Single Family
On market
34d
Not every day a property like this comes to market—especially at this price point. Set on a fully flat 0.53-acre lot in Upper Lantzville, this well-cared-for home has been proudly owned by the same family and offers space, flexibility, and long-term potential. The split-entry layout features 4 bedrooms and 3 bathrooms, with a functional floor plan that easily accommodates a variety of living arrangements. The lower level includes a bright in-law suite with 9’ ceilings—ideal for extended family, guests, or added income potential. A standout feature is the expansive detached double garage/shop, complete with two additional den or office spaces at the back, plus covered storage—perfect for hobbies, a home-based business, or extra workspace. Recent updates include a 4-year-old roof and a hot water tank replaced just months ago. The property also offers abundant parking, with room for RVs, boats, and multiple vehicles. The sunny backyard is set up for enjoyment and productivity, with raised garden beds and a selection of mature fruit trees, including apple, pear, and fig. Surrounded by greenery, the setting is private, peaceful, and quiet—yet just minutes from North Nanaimo amenities, shopping, and a short drive to Nanoose Bay and Parksville. A rare combination of usable land, functional space, and location. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 7'1 x 5'10 | |
| Bathroom | 7'11 x 5'8 | |
| Bedroom | 15'0 x 11'4 | |
| Eating area | 8'10 x 10'10 | |
| Kitchen | 14'3 x 5'10 | |
| Recreation room | 17'1 x 16'5 |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Entrance | 6'3 x 4'3 | |
| Bathroom | 7'2 x 8'2 | |
| Ensuite | 4'8 x 5'9 | |
| Bedroom | 9'0 x 11'3 | |
| Bedroom | 9'5 x 11'7 | |
| Primary Bedroom | 13'0 x 11'3 | |
| Kitchen | 11'1 x 8'2 | |
| Dining nook | 10'6 x 8'4 | |
| Dining room | 10'1 x 10'4 | |
| Living room | 20'6 x 14'8 |
Other
| Room | Dimensions | Features |
|---|---|---|
| Workshop | 25'2 x 23'5 | |
| Unfinished Room | 9'9 x 7'2 | |
| Unfinished Room | 9'9 x 12'1 |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.97%
Cap rate
4.67%
GRM
13.9
Break-even rent
$4,936
Financing
Operating expenses (monthly)
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Approximation 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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.