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2517 HWY 518 Highway

2517 HWY 518 Highway

McMurrich/Monteith, ON

  • 4 bed
  • 1 bath
  • approx. 1500-2000 sqft
  • Detached
  • 38 days on market
$189,000Price reduced 5%

Attention renovators, investors, and handy buyers! This 4-bedroom detached home is located in the village of Sprucedale and is being sold under Power of Sale. Offering plenty of potential for the right buyer, the home requires extensive cleaning and cosmetic improvements but presents an opportunity to renovate and make it your own. Inside, all four bedrooms offer generous closet space, both floors with original oak hardwood flooring with the potential to be beautifully restored. A newer propane furnace is already in place, adding to the home's appeal. Set on a nice, level lot backing onto the Sprucedale Community Centre and park, the property offers a convenient village location with outdoor space just beyond the backyard. Whether you're looking for a renovation project, investment opportunity, or an affordable way to enter the market, this property offers plenty of potential for someone ready to put in the work.

Listing Details

Taxes (2025)
$1,021
Originally Listed
$199,900
Listed
August 11, 2026

Price History

Property

Style
2-Storey
Age
100+
Construction
Aluminum Siding
Roof
Flat
Foundation
Block, Concrete, Poured Concrete
Interior
None
Lot Size
66 x 132 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
3

Utilities

Water
Sand Point Well
Sewer
Septic
Heat Source
Propane

Location & Legal

Cross Street
Etwell Road
Zoning
R
Parcel Number
521690333
Possession
Flexible
Occupancy
Vacant

Included

Inclusions
N/A

Community

Postal area P0A

Population
17,822
Private dwellings
14,748
Median age
56.8
Average household size
2.2
Median household income
$68,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in McMurrich/Monteith · last 12 months

Median sold price
$285,000
Homes sold
25
Median days on market
63
Sale-to-list price
91.6%

Based on 25 recorded sales of residential freehold properties in McMurrich/Monteith over the last 12 months.

Rooms

4-piece on Second

Second

  • Bathroom8'10" x 8'11"
  • Bedroom 211'7" x 8'11"
  • Bedroom 310' x 8'6"
  • Bedroom 410' x 8'7"
  • Primary Bedroom11'1" x 9'7"

Main

  • Dining Room11' x 15'7"
  • Kitchen9'6" x 15'7"
  • Living Room17' x 14'1"
  • Sunroom17'6" x 8'

Listed by

RE/MAX Professionals North

Walk Score

14

Walk

33

Bike

Scores by Walk Score®

Mortgage Calculator

$37,800

Estimated Monthly Payment

$929

Land transfer tax

Estimated land transfer tax$1,615

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $929/mo (20% down, 5.5%)

Taxes: $85/mo · Insurance: $47/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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