2517 HWY 518 Highway W, McMurrich/Monteith

$179,000
2517 HWY 518 Highway W

$179,000

Price Change
73d
Detached2-Storey

2517 HWY 518 Highway W, McMurrich/Monteith

Total Monthly Obligation $1,182

Beds
4
Baths
1
Park
3
Sqft
1500-2000
DOM
73d
Yield
13.4%
Cash on Cash
32.6%
Cap Rate
11.6%
5Y IRR
42.8%
10Y IRR
39.0%
Property Type-Detached
MLS® Number-X13662566
Beds-4
Bathrooms-1
Size-1500-2000 sqft
Lot Size-66 × 132 ft
Listed on site-Aug 11, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$1,021 (2025)
Parking-3 - None
Basement-Crawl Space, Unfinished
Heating-Forced Air (Propane)
Brokerage-RE/MAX Professionals North
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding
Roof-Flat
Foundation-Block, Concrete, Poured Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Sprucedale
Title-Residential Freehold

No agent assigned

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.

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Closing Costs

Mortgage Amount
$143,200
Land Transfer Taxes$1,515
Legal Fees (Est.)
$
Total cash required for closing$38,815

Total Monthly Obligation

$1,182/mo
Mortgage $722
Monthly Loss $992
Principal$190
Interest$532
Property Tax$85
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 2517 HWY 518 Highway W

Time

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Data last updated within the past 24 hours.