For Sale

424 Penetanguishene Road, Springwater, Ontario L4K 4Y8

$5,000,000

424 Penetanguishene Road, Springwater, Ontario L4K 4Y8 is For Sale and has a listing price of 5,000,000. The property is located in the Springwater . It's been on the website for 54 Days.

  • Land
    Property Type
  • MLS ID: S11909233
  • Office Name RE/MAX WEST REALTY INC.
Property Description

Location, Location, Location! Situated at the gateway to the north, this 53-acre property backs onto the Hwy 400 merge/split and fronts Hwy 93, offering unbeatable exposure. Just 500m from Georgian Drive, with quick access to RVH & Georgian College, this property is primed for success. An incredible investment opportunity for development or the perfect place to relocate your business, this property has the potential for over $1 million in sales from five core businesses, operating successfully for 25+ years. Revenue streams include a 9-hole golf course with pristine greens and stunning views, a 9000 sq. ft. clubhouse with turf garages, a practice driving range, a modern bistro restaurant, a grand ballroom and seasonal venue room, and four fully furnished rental suites that can generate over $4,000 in monthly revenue. Beyond its current operations, the property offers exciting development potential with 10 acres for expansion. The current zoning also allows the clubhouse expansion of a hotel with 40+ rooms for accommodation. With the City of Barrie expanding its boundaries, this property is poised to fall within city limits, unlocking unparalleled future growth potential. The current owner is retiring and willing to provide training. Don’t miss this rare opportunity to own a prime piece of land with unlimited potential!

Property Details
  • MLS ID: S11909233
  • Price: $5,000,000
  • Lot Depth: 1432.19
  • Transaction Types: For Sale
  • Ref ID: S11909233
  • Year Built: N/A
  • Dir / Cross St: Hwy #400 To Hwy #93 South
  • Status: Active
  • Tax Year: 2024
  • Property Type: Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
01/06/2025 S11909233 $5,000,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Springwater
  • $1,277,218 Average List Price
    based on 1 year
  • 28 New Listings
    based on 30 days
  • 107 Median Days on Market
    based on 1 year
  • List vs. Selling Price 198.48 % Up
  • Sold (12mo) 168
  • Rented (12mo) 47

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Outside/surface
  • Taxes: $4,500
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 06/01/2025 18:46:56
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