2465 Highway 518 W Mcmurrich/monteith, Ontario P0A 1Y0
$350,000
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:50787)
Property Details
| MLS® Number | X13626150 |
| Property Type | Retail |
| Community Name | Sprucedale |
| Parking Space Total | 4 |
Building
| Cooling Type | None |
| Heating Type | No Heat |
| Size Exterior | 12000 Sqft |
| Size Interior | 12,000 Sqft |
Land
| Acreage | No |
| Size Depth | 200 Ft |
| Size Frontage | 150 Ft |
| Size Irregular | Bldg=150 X 200 Ft |
| Size Total Text | Bldg=150 X 200 Ft |
| Zoning Description | Commercial General |
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July 31 2026 07:05:00
Toronto Regional Real Estate Board
Real One Realty Inc.