1.5 acres located on Highway 518 West Sprucedale. Level and well treed, perfect for building your dream home or cottage. Sequin Trail is across the road for excellent access to this popular recreational area. Lot is close to 100s of acres of Crown Land, Close to Bear Lake and Sprucedale. Easy access (12 minutes) to Highway 11. Come take a look at this beauty of a lot.
works out to roughly $141 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
Inside LOTS 1, 2 & 3 Highway 518 W
Every detail from the listing, in one place.
Type
Land
Living space
< 700 sq ftas stated on the listing
Lot size
329.56 x 1971.5 sq ft
Basement
Unknown
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
Unknown
Lot & land
Lot dimensions
329.56 x 197
Lot size (sqft)
1.5
Listing & possession
Property class
Vacant Land
LOTS 1, 2 & 3 Highway 518 W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$486
/mo
based on the purchase price of $99,000
$19,800 cash
$79,200 financed
$66,707 total interest
Principal54%$79,200
Interest46%$66,707
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in McMurrich/Monteith
Other homes for sale in McMurrich/Monteith around $99K.
Average days on market63Homes sold in about 63 days on average.
Sale-to-list ratio91.2%On average, homes sold below asking.
Active listings35Homes for sale here right now.
Median vs prior 90 days−46.6%Compared with May 17 – Aug 15, 2026: prices down.
Based on 16 sales from Aug 15 – Nov 13, 2026 (7 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About LOTS 1, 2 & 3 Highway 518 W
How much is LOTS 1, 2 & 3 Highway 518 W listed for?
LOTS 1, 2 & 3 Highway 518 W is listed at $99,000 (MLS® X10438365). Summitly updates the price as soon as the MLS® record changes.
Is $99,000 a good price for LOTS 1, 2 & 3 Highway 518 W?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in McMurrich/Monteith. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of LOTS 1, 2 & 3 Highway 518 W changed?
Yes — it was first listed at $119,000 and is now $99,000, a drop of $20,000 (16.8%).
How many bedrooms and bathrooms does LOTS 1, 2 & 3 Highway 518 W have?
LOTS 1, 2 & 3 Highway 518 W has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in McMurrich/Monteith.
How much would the monthly mortgage be on LOTS 1, 2 & 3 Highway 518 W?
About $486 a month — principal and interest on $99,000 with 20% down ($19,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does LOTS 1, 2 & 3 Highway 518 W compare with other homes in McMurrich/Monteith?
Its asking price of $99,000 is about 65% below the median sold price in McMurrich/Monteith over the last 90 days, $286,527, across 16 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has LOTS 1, 2 & 3 Highway 518 W been sold before?
Summitly has no earlier MLS® sale or lease of LOTS 1, 2 & 3 Highway 518 W on record from the last two years. Older records aren't shown under TRREB rules.
Where is LOTS 1, 2 & 3 Highway 518 W?
LOTS 1, 2 & 3 Highway 518 W is in McMurrich/Monteith, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has LOTS 1, 2 & 3 Highway 518 W been on the market?
736 days — LOTS 1, 2 & 3 Highway 518 W was listed on November 7, 2024.
What is the price per square foot of LOTS 1, 2 & 3 Highway 518 W?
About $141 per square foot: the asking price of $99,000 over the 700 sq ft the listing gives.
Does LOTS 1, 2 & 3 Highway 518 W have a basement, and is it finished?
The listing describes the basement as: Unknown.
What is the lot size of LOTS 1, 2 & 3 Highway 518 W?
The lot measures 329.56 × 197 (25.995 acres), as published in the listing.
