For Sale

5608 Penetanguishene Road, Springwater, Ontario L0L 1P0

$2,999,000

5608 Penetanguishene Road, Springwater, Ontario L0L 1P0 is For Sale and has a listing price of 2,999,000. The property is located in the Springwater . It's been on the website for 1 Day.

  • Investment
    Property Type
  • 5
    Bathrooms
  • MLS ID: S12234737
  • Office Name ROYAL LEPAGE FIRST CONTACT REALTY
Property Description

Just an hour north of Toronto; Discover a rare investment opportunity on beautiful Orr Lake with five fully winterized, waterfront cottages on over 200 feet of shoreline offering year-round income potential. These charming one- and two-bedroom units were rejuvenated in 2023 & are equipped with both heating and air conditioning, making them perfect for all-season rentals. Brand new Waterloo Septic System services the cottages ($82K). UV water system. Each cottage is thoughtfully designed for comfort and functionality, with direct access to a large 200+ foot sandy, shallow beach ideal for guests of all ages. Adding to the value is a freestanding coffee shop located on the property, currently leased out to incredible tenants, providing additional passive income. With consistent rental demand, scenic lake views, and solid returns, this is a turnkey waterfront portfolio not to be missed. Machinery included: John Deere zero turn mower & Kioti tractor. Located across the street from Orr Lake Golf Club, LCBO and a short drive to Slopes & Spas (Mt St Louis, Horseshoe, Vetta & Snow Valley).

Property Details
  • MLS ID: S12234737
  • Bathrooms: 5
  • Price: $2,999,000
  • Lot Depth: 209
  • Transaction Types: For Sale
  • Ref ID: S12234737
  • Year Built: N/A
  • Dir / Cross St: Penetanguishene Rd / South Orr Lake Rd
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 0-5
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
06/20/2025 S12234737 $2,999,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Springwater
  • $1,277,733 Average List Price
    based on 1 year
  • 28 New Listings
    based on 30 days
  • 165 Median Days on Market
    based on 1 year
  • List vs. Selling Price 198.48 % Up
  • Sold (12mo) 168
  • Rented (12mo) 49

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    89.55%
  • Commercial
    8.51%
  • Condo
    1.3%
  • Land for Sale
    0.64%
Additional Details
  • Heat Type Other
  • Washroom Type1: 5
  • Garage Type Y
  • Parking Spaces: 14
  • Taxes: $4,261
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 20/06/2025 12:40:07
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