16 Spencer Street, South Bruce Peninsula, ON N0H 1P0
South Bruce Peninsula · Near Hwy 6 (Bruce St) and Spencer St · View map
About this home
Exceptional redevelopment and investment opportunity with prominent Highway 6 exposure in Hepworth, within the Town of South Bruce Peninsula. Strategically located commercial property offering existing utility together with significant future redevelopment potential. The property was historically operated as a gas station, with the former underground tanks reportedly removed decades ago. An existing garage building remains on the property and may continue to be utilized while a purchaser pursues future redevelopment and the required approvals. Preliminary planning and redevelopment work has been undertaken for a proposed commercial redevelopment, including concepts for a new gas station and convenience retail use. The property has also been the subject of pre-consultation with the Town of South Bruce Peninsula and the Ministry of Transportation, providing valuable information regarding requirements and considerations for future development. An excellent opportunity for investors, developers, fuel retailers, convenience-store operators, automotive businesses or purchasers seeking a highly visible commercial property with long-term upside. Continue utilizing the existing building while advancing redevelopment plans, providing flexibility and the potential to phase investment. Purchaser to complete their own due diligence regarding zoning, permitted uses, environmental matters, development potential and all required approvals. Preliminary concepts and pre-consultation information may be available to qualified purchasers.Vendor Take-Back (VTB) financing may be available to qualified purchasers, subject to acceptable terms and conditions.Rare opportunity to acquire a strategically located property with an existing usable building, Highway 6 exposure and significant redevelopment potential.
The home
- Type
- Commercial retail
- Square footage
- 19687 sq ft
- Bathrooms
- 1
- Lot size
- 53 x 197 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Baseboard
- Air conditioning
- Partial
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $3,503/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Immediate
- Cross street
- Hwy 6 (Bruce St) and Spencer St
- Neighbourhood
- South Bruce Peninsula
More
- MLS® number
- X13735552
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
16 Spencer Street, South Bruce Peninsula, ON N0H 1P0
South Bruce Peninsula · Near Hwy 6 (Bruce St) and Spencer St
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Listing history for 16 Spencer Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 16 Spencer Street
Answers come straight from this home’s MLS® listing.
How much is 16 Spencer Street listed for, and what would it cost each month?
16 Spencer Street is listed for $750,000. With 20% down ($150,000), the mortgage payment would be roughly $3,025 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,317 a month, all in. That figure is an illustration, not a quote.
Is 16 Spencer Street freehold or a condo, and is there a monthly fee?
16 Spencer Street is a commercial retail in South Bruce Peninsula. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 16 Spencer Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 16 Spencer Street?
16 Spencer Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 16 Spencer Street, and what is the lot size?
The lot is listed as 53 x 197 ft.
How is 16 Spencer Street heated and cooled?
Heating is baseboard. Cooling is partial.
What are the property taxes for 16 Spencer Street?
Property taxes are $3,503 a year (2026), or about $292 a month.
Where is 16 Spencer Street?
16 Spencer Street is in South Bruce Peninsula. The nearest main intersection is Hwy 6 (Bruce St) and Spencer St. The postal code is N0H 1P0.
Is 16 Spencer Street still for sale?
Yes. It is an active listing (MLS® X13735552). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 16 Spencer Street asking?
Similar properties for sale nearby right now include 618 Berford Street at $695,000, 7740 21 Highway at $679,900 and 319 Berford Street at $889,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 16 Spencer Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 16 Spencer Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Investment$889,000319 Berford Street, South Bruce PeninsulaSouth Bruce PeninsulaCourtesy of: Chestnut Park Real EstateView home →Courtesy of: HOMELIFE SUPERSTARS REAL ESTATE LIMITED
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.