$350,000
( $58.33Per Sq Foot )
 $1,879 est/mo Sourced by Back At You

2465 Highway 518 W,McMurrich/Monteith (Sprucedale), ON P0A1Y0

McMurrich/Monteith (Sprucedale), ON P0A1Y0

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Description

Prime Redevelopment Opportunity: Historic 6,000+ SQFT Asset with Grant PotentialCapitalize on this high-potential redevelopment project positioned on an expansive 150' x 200' lot. Formerly the historic Sprucedale School House, this structurally sound 6,000+ sq. ft. building spans two massive levels, complemented by a detached 640 sq. ft. storage facility. Character features, including original hardwood floors, offer unique architectural integration for a premium multi-residential or senior living conversion. The property aligns exceptionally well with lucrative government grants for senior housing infrastructure. Vital environmental due diligence, including the Designated Substances Survey (DSS) and Chimney Swifts Report, will be released to the successful buyer upon contract. Sold "As-Is, Where-Is," this blank-canvas asset is primed for an investor looking to maximize ROI in a high-demand sector. (id:374)

Details

MLS #X13626150
Listing TypeFor Sale
StatusActive
Days On Site94
Listing Provided ByREAL ONE REALTY INC. | ALBERT YU

Features

SQ Feet6,000
ZoningCOMMERCIAL GENERAL

Interior

CoolingNone
HeatingBaseboard heaters
Fireplace Yes / NoNo

Parking

Parking Total4

Utilities

SewerSeptic System
Water SourceMunicipal water

Taxes

Tax Annual Amount0

Area Information

ProvinceON
CityMcMurrich/Monteith (Sprucedale)
Postal CodeP0A1Y0
Listing VS Median (in P0A1Y0)
Price:
$350,000
low | high
Med:
$599,900
21.4% of Average
sqft:
6,000
low | high
Med:
700
100% of Average
$ / sqft:
$58
low | high
Med:
$857
100% of Average
On site:
94
low | high
Med:
27
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityMcMurrich/Monteith (Sprucedale)
Postal CodeP0A1Y0
Listing VS Median (in P0A1Y0)
Price:
$350,000
low | high
Med:
$599,900
21.4% of Average
sqft:
6,000
low | high
Med:
700
100% of Average
$ / sqft:
$58
low | high
Med:
$857
100% of Average
On site:
94
low | high
Med:
27
100% of Average
Sourced by Back At You
Listing Updated: October 28, 2026 at 11:22:29 AM PDT