5418 Penetanguishene Road, Springwater, ON

$1,189,900
MLS#:S9353674
3 beds
2 baths
12.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Chalet detached located in the coveted neighborhood of Rural Springwater. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,189,900 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
  • Premium 120.42 x 999.99 ft lot size
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Rare Opportunity! This stunning property boasts 120 feet of sandy bottom frontage, beautifully situated on over 3.5 acres. Enjoy westerly views and breathtaking sunsets every evening. This home features a gorgeous, sun-filled great room that leads to a charming bedroom loft. The spacious kitchen and dining area open to a delightful deck, perfect for entertaining and soaking up the serene atmosphere. The primary bedroom includes an ensuite and a balcony overlooking the sparkling water. With a private yard on a quiet inland lake, golfing just across the street, trails for summer and winter snowmobiling, and skiing at Mount St. Louis or Snow Valley just around the corner, this home or cottage is the perfect getaway for every season! Additional amenities include a 2.5 car garage, ample parking, and easy access to Hwy 400. Embrace the best of both worlds and seize the opportunity to own this slice of paradise!

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 23, 2024
Sold price information is available to members only
Listed Date9/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleChalet
ConstructionWood
BasementFull, Finished
Lot Size120.42 × 999.99 Feet
CountySimcoe
Annual Tax$4,543
Legal DescriptionPT W1/2 LT 65 CON 1 MEDONTE PT 5, 51R25832; T/W RO1343237; SPRINGWATER

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, School Bus Route, School

Interior Features

Central Vacuum

Security Features

Community Features

Location

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5418 Penetanguishene Road, Springwater, ON
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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 5418 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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Springwater.

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Interest Rate5.25%
Down Payment$237,980 (20.0%)
* Minimum Canadian down payment required for this price is $237,980.
Amortization Period25 Years
Estimated Monthly Payment$5,673Based on a loan of $951,920 over 25 years.
Purchase Price$1,189,900
Loan Amount$951,920
Provincial Land Transfer Tax:$20,273
Total Estimated Closing Taxes:$20,273

About Purchasing a Home in Springwater, ON

For a property listed at $1,189,900 in Springwater, the legal minimum down payment is $237,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,273 for this transaction. As this listing is in Springwater (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,273.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Springwater, Springwater.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,019,763

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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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.