$350,000
( $29.17Per Sq Foot )
 $1,879 est/mo Sourced by Back At You

2465 Highway 518 W,McMurrich/Monteith, ON P0A 1Y0

McMurrich/Monteith, ON P0A 1Y0

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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.

Details

MLS #X13626150
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site78
Listing Provided ByREAL ONE REALTY INC. | X13626150 112800

Features

SQ Feet12,000
Acreage0.28

Interior

CoolingNo

Exterior

Security FeaturesNo

Utilities

UtilitiesNone

Taxes

Tax Annual Amount0
Tax TypeN/A
Tax Year2025

Area Information

ProvinceON
RegionParry Sound
CityMcMurrich/Monteith
Postal CodeP0A 1Y0
AreaSprucedale
Listing VS Median (in P0A 1Y0)
Price:
$350,000
low | high
Med:
$1,174,500
100% of Average
sqft:
12,000
low | high
Med:
6,988
91.766666666667% of Average
$ / sqft:
$29
low | high
Med:
$520
100% of Average
On site:
78
low | high
Med:
44
100% of Average
Sourced by Back At You

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Additional Information

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Contact

Learn More About This Property

Carrie Stengel

Carrie Stengel

Momentum Realty

 (519) 427-7712carriestengel@icloud.com
ProvinceON
RegionParry Sound
CityMcMurrich/Monteith
Postal CodeP0A 1Y0
AreaSprucedale
Listing VS Median (in P0A 1Y0)
Price:
$350,000
low | high
Med:
$1,174,500
100% of Average
sqft:
12,000
low | high
Med:
6,988
91.766666666667% of Average
$ / sqft:
$29
low | high
Med:
$520
100% of Average
On site:
78
low | high
Med:
44
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 11:32:30 PM PDT