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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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2465 HIGHWAY 518 W McMurrich/Monteith
For SaleMcMurrich/Monteith

2465 HIGHWAY 518 W McMurrich/Monteith, Commercial Retail for Sale

MLS® X13626150

McMurrich/Monteith, ON

100 days on market
$350,000
Show on Map
Show on Map
N/ABeds
N/ABaths
6,000Sqft
N/AParking
Commercial Retail

Overview· 2465 HIGHWAY 518 W McMurrich/Monteith

MLS® #X13626150

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.

Inclusions

storage building 40 x 16

Broker

REAL ONE REALTY INC.

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Walk Score®13Car-DependentCar-Dependent
Transit Score®—No transit agency data for this addressNo transit agency data for this address
Bike Score®32Somewhat BikeableSomewhat Bikeable
Schools—No schools within 1.5 kmNo schools within 1.5 km
Parks402 parks within 1 km2 parks within 1 km
Convenience—No groceries, cafes and pharmacies within 1 kmNo groceries, cafes and pharmacies within 1 km
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 2465 HIGHWAY 518 W McMurrich/Monteith

Source: MLS® listing data
2465 HIGHWAY 518 W McMurrich/Monteith

Commercial Retail

2465 HIGHWAY 518 W McMurrich/Monteith

McMurrich/Monteith

Type

Commercial Retail

Parking

None

Property Tax

~$0/yr

Heating

Baseboard

Buying Essentials

Square Feet

6000 sqft

Parking

None

Finances

List Price

$350,000

Price per SQFT

$58.33/sqft

Property Tax

~$0/yr

Property Specs

Property Type

Commercial Retail

MLS Size

6000 sqft

Living & Amenities

Heating Type

Baseboard

Policies & Utilities

Neighbourhood

McMurrich/Monteith

Listed On

Jul 30, 2026

Price & Listing History

Days on Market

Current: 100 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 2465 HIGHWAY 518 W McMurrich/Monteith.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

No verified nearby school records were found for this property location.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$1,408/mo
Total Monthly$1,408

Monthly Cash Flow (investors)

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Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0