For Sale

2502 Highway 518 N/A, McMurrich/Monteith, Ontario P0A 1Y0

$499,000

2502 Highway 518 N/A, McMurrich/Monteith, Ontario P0A 1Y0 is For Sale and has a listing price of 499,000. The property is located in the McMurrich-Monteith neighbourhood . It's been on the website for 6 Days.

  • MLS ID: X12664384
  • Office Name Sotheby's International Realty Canada
Property Description

Presenting a rare and strategic investment opportunity, perfectly positioned along the Seguin and OFSC trail systems in Sprucedale, Ontario. As the exclusive waypoint for outdoor enthusiasts between Parry Sound and Algonquin Park, this historic establishment, known as the iconic ‘Sprucedale Hotel’ offers a high-profile location with exceptional visibility and constant exposure to the region’s year-round traffic. The property’s commercially zoned main floor currently features a bar, dining room, kitchen area and restroom facilities, providing a solid foundation for operational use. Complementing the ground floor are the second and third levels, which have been stripped to the structural studs which provide a versatile blank canvas, offering a unique opportunity to custom-design the interior to meet a variety of high-potential requirements. Representing a significant piece of local history, and a location with geographic advantage, this property is ready for a visionary owner to capitalize on its unparalleled positioning. Property is being sold in “As-Is, Where Is” condition, buyers to verify intended uses with the Municipality.

Property Details
  • MLS ID: X12664384
  • Price: $499,000
  • Lot Depth: 71
  • Transaction Types: For Sale
  • Ref ID: X12664384
  • Year Built: N/A
  • Dir / Cross St: Highway 518 W/ Stisted Road N
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
01/05/2026 X12664384 $499,000 For Sale - -
07/23/2025 X12302301 $499,000 For Sale - -
12/23/2024 X11900464 $625,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
McMurrich-Monteith
  • $565,446 Average List Price
    based on 1 year
  • 4 New Listings
    based on 30 days
  • 87 Median Days on Market
    based on 1 year
  • List vs. Selling Price 5.96 % Up
  • Sold (12mo) 14
  • Rented (12mo) 0

  • 1 Month Change -
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Propane Gas
  • Garage Type Y
  • Parking Spaces: 10
  • Taxes: $3,489
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 05/01/2026 23:44:08
Want to see this property?