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Renanza Realty
For sale

300 Meadow Way

Malahat, British Columbia

MLS® 1042590

$3,200,000

Status
Active
Property type
Multi-family
MLS® number
1042590
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

This is a tremendous opportunity to acquire a highway-side motel that has been operating successfully for years. Situated on 3. 53 acres near the top of the Malahat and across from the Moon Over Water Lodge.

The property features a single-family home with 4 bedrooms, 3 bathrooms and 2862 sq/ft. Built in 1974 and well maintained. The house also features a reception area to welcome guests.

Across the rest of the property you will find 11 bungalows totalling 17 nightly suites. With a range from studios up to 2 bedrooms there are accommodations for all types of travelers. The well maintained grounds feature a bbq area, small pond and recreation area for guests to unwind.

This business has been well cared for by the owners for many years and now it's time for them to step aside. Come have a look and bring your ideas for the future of the Malahat Bungalows.

Property summary

MLS® number
1042590
Property type
Multi-family
Building type
Multi-Family
Title
Freehold
Land size
3.53 acres
Annual property taxes
$18,973.35
Days on market
93 days

What would this home cost you?

Based on the $3,200,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$14,889 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Sabre Realty Group, Victoria.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.