- Active
300 Meadow Way
Malahat · Multi-family
Listed by RE/MAX Sabre Realty Group · MLS® 1042590
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Sign inAbout this home
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.
Home facts
- Property type
- Multi-family
- Area
- Malahat Proper
- Listed
- July 8, 2026
- Structure
- Multi-Family
- PID
- 000-984-477
- Common interest
- Freehold
Rooms and building
- Water
- Zoning
- Unknown
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $15,167
- Property tax
- $933/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $16,251
Purchase snapshot
- List price
- $3,200,000
- Down payment
- $640,000 (20%)
- Estimated mortgage
- $2,560,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Land · 47%