For saleMLS® X13735552

16 Spencer Street, South Bruce Peninsula, ON N0H 1P0

South Bruce Peninsula · Near Hwy 6 (Bruce St) and Spencer St · View map

$750,000
1Baths
19687Sq ft
Commercial retailType
NoneParking
$3,503/yrTaxes
$750,000
FreeholdNo monthly condo fee
Lot 53 x 197 ftThe land comes with the home

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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Estimated monthly cost$3,317per month, all in
  • Mortgage
  • Property tax

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    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.

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    16 Spencer Street, South Bruce Peninsula, ON N0H 1P0

    South Bruce Peninsula · Near Hwy 6 (Bruce St) and Spencer St

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    Sold history

    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.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    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.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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