Personal Pic

Anwar Warsi

Sales Representative
IPRO REALTY LTD., Brokerage Independently owned and operated. 272 Queen Street East, Brampton, Ontario L6V 1B9 Cell: 647-770-4673Office: 905-454-1100Fax: 905-454-7335

$625,000
Available - For Sale
Listing ID: X11900464
2502 Highway 518 West , McMurrich/Monteith, P0A 1Y0, Ontario


**Discover a Unique Investment Opportunity: The Iconic Sprucedale Hotel!** Nestled at the crossroads of adventure, the Sprucedale Hotel stands as the only stop between Parry Sound and Algonquin Park along the popular snowmobile trail. This historic establishment is more than just a building; its a gateway to countless experiences and memories waiting to be created. **Prime Location for Your Next Venture** Positioned alongside the Seguin and OFSC Snowmobile/ATV Trail systems, this property is perfectly situated for outdoor enthusiasts and travelers alike. The potential for foot traffic and visibility is exceptional, making it an ideal spot for your business to thrive. **Commercially Zoned Main Floor with Endless Possibilities** The main floor boasts a spacious bar and dining area, equipped with bathrooms and commercial kitchen. **Transformative Space on Upper Floors** The second and third floors are a blank canvas, stripped down to their structural studs, offering a unique opportunity to design an owner's residence or create rental units for additional income. With the right vision, you can maximize the potential of this space, transforming it into something truly extraordinary. **Bring Your Vision to Life** This is your chance to invest in a piece of history and make your dreams a reality. Whether you envision a vibrant gathering place for locals and tourists or a serene retreat for outdoor lovers, the possibilities are boundless. Don't miss out on the opportunity to shape the future of the Sprucedale Hotel!
Price $625,000
Taxes: $3450.35
Tax Type: Annual
Assessment: $238000
Assessment Year: 2024
Occupancy by: Vacant
Address: 2502 Highway 518 West , McMurrich/Monteith, P0A 1Y0, Ontario
Postal Code: P0A 1Y0
Province/State: Ontario
Legal Description: PT LT 15 CON 11 MCMURRICH SRO PT 1 42R13
Lot Size: 116.00 x 71.00 (Feet)
Directions/Cross Streets: Highway 518 W/ Stisted Road N
Category: Multi-Use
Use: Hospitality/Food Related
Building Percentage: Y
Total Area: 0.19
Total Area Code:  Acres
Office/Appartment Area: 65
Office/Appartment Area Code: %
Retail Area: 35
Retail Area Code: %
Area Influences: Rec Centre   Skiing
Approximatly Age: 100+
Business/Building Name: Sprucedale Hotel
Financial Statement: N
Chattels: N
Franchise: N
Seats: 120
LLBO: N
Sprinklers: N
Outside Storage: N
Crane: N
Central Air Conditioning: N
Sewers: Septic
Water: Well
Water Supply Types: Drilled Well
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Sotheby's International Realty Canada
Personal Picture
Anwar Warsi
Sales Representative
Dir:
647-770-4673
Bus:
905-454-1100
Fax:
905-454-7335
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Commercial/Retail
Area: Parry Sound
Municipality: McMurrich/Monteith
Neighbourhood:
Style:
Lot Size: 116.00 x 71.00(Feet)
Approximate Age: 100+
Tax: $3,450.35
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years