- Active
Lot 1 Trail Way
Malahat · Vacant Land
Listed by RE/MAX Generation - The Neal Estate Group · MLS® 1042151
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Sign inAbout this home
The Malahat Forest formerly known as the historic Elkington Lands stands as a true crown jewel of the Malahat region. This remarkable property spans over 300 acres of pristine, protected forest, offering an unparalleled opportunity to shape your dreams into reality. Embrace the quiet majesty of towering evergreens, the serenity of nature’s symphony, and the pure air of this extraordinary land. Whether envisioning a legacy estate, a private retreat, or a carefully planned community development, this property offers possibilities as vast as the landscape itself. For those seeking a forever home, imagine crafting a residence that will stand for generations. A sanctuary nestled within nature, where birdsong replaces city noise and starlit skies stretch endlessly above. Revel in the solitude, the privacy, and the rich ecological diversity that makes The Malahat Forest such a rare find. Alternatively, with zoning that allows for subdivision, this property offers an exciting investment opportunity for those looking to develop thoughtfully within this protected environment. Serviced by community sewer and water infrastructure managed by the CVRD, this phased strata lot ensures convenience while maintaining a commitment to sustainable living. Whatever your vision, be it a single spectacular estate or a series of curated homes that blend harmoniously with the landscape this land offers a canvas for creation limited only by your imagination. Opportunities like this are few and far between. The Malahat Forest invites you to write the next chapter of its story—one of timeless beauty, possibility, and enduring legacy.
Home facts
- Parking
- 10
- Property type
- Vacant Land
- Area
- Malahat Proper
- Listed
- July 2, 2026
- PID
- 029-930-251
- Common interest
- Condo/Strata
Highlights
- Mountain view
Features and inclusions
- Lot
- Acreage, Hillside, Park setting, Private setting, Wooded area, Rocky, See remarks, Other
- Community
- Family Oriented, Pets Allowed
Rooms and building
- Water
- Zoning
- Residential/Commercial
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
- $17,774
- Property tax
- $1,092/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $19,016
Purchase snapshot
- List price
- $3,750,000
- Down payment
- $750,000 (20%)
- Estimated mortgage
- $3,000,000
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 · 52%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.