5580 Penetanguishene Road, Springwater, ON

$899,000
MLS#:S12446249
3 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Rural Springwater. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $899,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 110.32 x 241.24 ft lot
  • Features a ["full", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Carpet Free, Countertop Range, Guest Accommodations
  • equipped with ["none"] central cooling and highly efficient baseboard heating via electric

ESCAPE TO ORR LAKE FOUR-SEASON FUN WITH 110 FT OF SHORELINE, A DOCK & MULTIPLE OUTBUILDINGS! Get ready to live the waterfront dream on Orr Lake with 110 feet of clean, shallow shoreline and incredible west-facing views for sunsets you'll never forget! Set on a deep 241-foot lot with over half an acre to enjoy, this four-season bungalow is positioned closer to the water than most, offering unbeatable lake views from multiple rooms and a bright, open-concept interior that's as charming as it is functional. Whether you're hosting friends or soaking up the serenity, you'll love the indoor-outdoor lifestyle with three decks, a gazebo, a dock, a sitting deck at the waters edge, and even a super cute lakeside chapel/change room for storage and getting ready to dive in. The inviting kitchen features warm cabinetry, breakfast bar seating, and clear sightlines into the living and dining rooms, while built-in cabinets and shelves add character and neutral tones keep the vibe relaxed and welcoming. The main level offers two bedrooms including a primary with a double closet, while the upper-level loft space or potential third bedroom is perfect for play, creativity, a hobby nook, or added storage. The finished basement offers even more space with a large rec room made for games, movie nights, and rainy-day fun, plus a third bedroom for guests. A bonus bunkie with built-in bunk beds makes hosting easy. Set on a municipally maintained road, just a short walk to the Orr Lake General Store and LCBO, with year-round recreation including swimming, kayaking, boating, skating, snowshoeing, and Orr Lake Golf Club nearby, and under 20 minutes to Barrie. Why settle for ordinary when you can wake up to lake views and live the cottage dream all year long?

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 22, 2025
Sold price information is available to members only
Listed Date10/6/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionVinyl Siding
Lot Size110.32 × 241.24 Feet
CountySimcoe
Annual Tax$3,514.56
Legal DescriptionPT LT 66 CON 1 MEDONTE AS IN RO1446484; SPRINGWATER

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["None"]

Features

Property Features

Beach, Golf, Greenbelt/Conservation, Lake Access, Lake/Pond, Waterfront

Community Features

Location

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5580 Penetanguishene Road, Springwater, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Rural Springwater, Springwater.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$995,091

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5580 Penetanguishene Road, Springwater, ON L0L 1P0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$719,200
Monthly Mortgage$4,179
Property Tax (Est.)$293
Utilities & Maint.$350
Total Monthly Cost$4,822

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Springwater.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.