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305 Main STREET
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Meota · Hospitality · under $375,000. Alerts only send when there are new or meaningfully updated matching homes.
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Historic charm meets modern convenience in this timeless hotel gem, established in 1928 and expanded in 1996. Nestled in a prime location just a leisurely 2-minute stroll away from the pristine Jackfish Lake beaches, a captivating golf course, and vibrant oil activity, this property offers a remarkable investment prospect. With a proven track record of steady business growth, this venture is poised for even greater success. The main floor boasts a captivating array of offerings, including a welcoming hotel entrance, an inviting bar, a cozy VLT room, a sizzling steak pit, well-appointed bathrooms, and a delightful restaurant space. Upstairs, a splendid transformation awaits with a beautifully renovated 2-bedroom suite, alongside 5 thoughtfully designed hotel rooms that cater to comfort and relaxation. Accompanying these are a convenient laundry room and two tastefully designed common bathrooms, ensuring the utmost convenience for guests. The lower level serves as a foundation of functionality, housing essential utilities and providing ample storage space. As a testament to its commitment to excellence, this property has witnessed a series of thoughtful upgrades over the past few years. This is an exceptional opportunity that beckons your attention. Contact us today to explore the possibilities and unveil the captivating details that await your discovery. (id:65958)
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).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 11, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.