5724 Penetanguishene Road, Springwater, ON

$649,000
MLS#:S13249566
3 beds
1 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Rural Springwater. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $649,000 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 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 277.75 x 156.26 ft lot
  • Features a ["unfinished", "partial basement"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Storage
  • equipped with ["none"] central cooling and highly efficient baseboard heating via electric

4-SEASON ORR LAKE BUNGALOW WITH TWO PROPERTIES, EXTENSIVE UPDATES & 100+ FT OF SUN-SOAKED SHORELINE! A unique double-lot opportunity on Orr Lake with over 100 feet of south-west facing waterfront. This updated 3-bedroom bungalow includes a separate waterfront parcel at 1 Cedar Lane featuring a 40 ft dock, sandy shoreline, and a 2-car garage with a third waterfront-facing bay for all your toys, complete with a 60 amp pony panel, plus sunset views across the water, where long summer evenings by the water and quiet winter mornings feel like part of daily life. Renovated throughout with an updated kitchen, bath, windows, doors, siding, drilled well, and high-speed internet, this is easy four-season living just 15 minutes from Midland, one hour from the GTA, and close to the public boat launch on Orr Lake. The property also offers strong short-term rental potential.

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Key Features

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

Additional Details

StatusActive
Listed Date6/5/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionVinyl Siding
Lot Size277.75 × 156.26 Feet
CountySimcoe
Annual Tax$2,702.79
Legal DescriptionPT LT 68 CON 1 MEDONTE AS IN RO499486; T/W RO499486 EXCEPT PT 5, 51R16163 & PT 1 & 3, 51R16164; S/T ME13325; SPRINGWATER

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["None"]

Features

Property Features

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

Community Features

Location

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5724 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 5724 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$519,200
Monthly Mortgage$3,017
Property Tax (Est.)$225
Utilities & Maint.$350
Total Monthly Cost$3,592

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.