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Rural Springwater

5724 Penetanguishene Road, Springwater, ON L0L 1P0

$649,000

Beds

3

Baths

1

Type

Freehold

About this home

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.

Interior

  • · Carpet Free
  • · Primary Bedroom - Main Floor
  • · Storage
  • · Water Heater Owned

Exterior

  • · Porch
  • · Recreational Area
  • · Seasonal Living
  • · Year Round Living

Heating

  • · Baseboard

Cooling

  • · None

Parking

  • · Private Double
  • · Available

Basement

  • · Unfinished
  • · Partial Basement

Room by room

Kitchen

Main13'1" × 9'1"

Dining Room

Main13'1" × 5'8"

Living Room

Main13'1" × 21'2"

Primary Bedroom

Main11'1" × 9'9"

Bedroom 2

Main17'7" × 7'11"

Bedroom 3

Main12'11" × 9'7"

Other

Main11'1" × 7'5"

What it could cost monthly

Estimated monthly

$2,972

Principal & interest, per month

Mortgage amount
$519,200
Down payment
$129,800
Total interest paid
$372,402

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing data provided under copyright by the A00001796 and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Room measurements deemed reliable but not guaranteed. Some values are sourced as metres and converted to feet for display.

Listing brokerage

RE/MAX HALLMARK PEGGY HILL GROUP REALTY

Each office independently owned and operated.