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300 Meadow Way
homes for sale · Malahat · Malahat Proper
300 Meadow Way — photo 1 of 40
1 / 40
$3,200,000

300 Meadow Way

Malahat Proper, Malahat · MLS® 1042590

2,862 sq ft · 3.53 acres lot · House · Multi-family · 113 days on market

listed by Daniel Ross, RE/MAX Sabre Realty Group

realtor's 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 details

type
House, Multi-family
living area
2,862 sq ft
lot
3.53 acres
parking
0
property tax
$18,973 / yr
days on market
113
MLS®
1042590

similar homes nearby

monthly cost

$15,665/mo
Mortgage $14,084 · Tax $1,581

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$14,084/ monthly
loan $2,560,000
25-year amortization
total interest
$1,665,093
property transfer tax
$78,000
BC general rate
cash to close
$718,000
down + PTT
total paid
$4,225,093
transfer tax

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

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listed by
Daniel Ross
RE/MAX Sabre Realty Group
call Daniel · 250-686-1356
Powered by: REALTOR.ca

location

Malahat Proper, MalahatGoogle Maps ↗

the market here

listed now
40 days
median for 7 houses for sale; this one 113 days

Houses in Malahat. Sale prices register 1 to 3 months after a sale closes.

Lot 1 Trail Way, Malahat
Land
$3,750,000
Lot 1 Trail Way
Malahat Proper, Malahat119 days on market
listed by RE/MAX Generation - The Neal Estate Group
10
MLS® 1042153
DL-130 Trans Canada Hwy, Malahat
Land
$2,888,000
DL-130 Trans Canada Hwy
Malahat Proper, Malahat204 days on market
listed by Fair Realty
MLS® 1030829

location

lot outline: 14,429 m² (155,312 sq ft) · PID 000-984-477. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Malahat Proper, MalahatGoogle Maps ↗
Drive times
  • Royal Roads University - Langford Campus15 min
  • Langford Centre16 min
  • Victoria General Hospital20 min
  • Downtown Victoria29 min
  • Brentwood Bay40 min
  • YYJ airport46 min
7

Walkability 7/100 · Car needed for most errands

Within a 10 minute walk: 1 place to eat or drink.

mihom score from OpenStreetMap places, by straight line distance.