McMurrich/Monteith (Sprucedale), ON
2465 HIGHWAY 518 W
$350,000
Listed by
REAL ONE REALTY INC.
ALBERT YU, Salesperson
Data last updated Oct 21, 2026, 9:30 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $350,000
- Type
- retail
- Bedrooms
- 0
- Bathrooms
- 0
- Size
- 12,000 sq ft
- MLS®
- X13626150
- Status
- active
- Brokerage
- REAL ONE REALTY INC.
About this home
Description provided by the listing brokerage
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.