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)
| MLS # | X13626150 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 94 |
| Listing Provided By | REAL ONE REALTY INC. | ALBERT YU |
| SQ Feet | 6,000 |
|---|---|
| Zoning | COMMERCIAL GENERAL |
| Cooling | None |
|---|---|
| Heating | Baseboard heaters |
| Fireplace Yes / No | No |
| Parking Total | 4 |
|---|
| Sewer | Septic System |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 0 |
|---|
| Province | ON |
|---|---|
| City | McMurrich/Monteith (Sprucedale) |
| Postal Code | P0A1Y0 |
| Listing VS Median (in P0A1Y0) | |
Price: $350,000 low | high Med: $599,900 sqft: 6,000 low | high Med: 700 $ / sqft: $58 low | high Med: $857 On site: 94 low | high Med: 27 | |
| Province | ON |
|---|---|
| City | McMurrich/Monteith (Sprucedale) |
| Postal Code | P0A1Y0 |
| Listing VS Median (in P0A1Y0) | |
Price: $350,000 low | high Med: $599,900 sqft: 6,000 low | high Med: 700 $ / sqft: $58 low | high Med: $857 On site: 94 low | high Med: 27 | |