$2,999,000
5608 Penetanguishene Road, Springwater, ON L0L 1P0
Rural Springwater, Springwater,
Properties with this icon are courtesy of
TRREB.
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).
- HoldoverDays: 60
- Property Type: Commercial
- Property Sub Type: Investment
- GarageType: None
- Directions: Penetanguishene Rd / South Orr Lake Rd
- Tax Year: 2025
- ParkingSpaces: 14
- WashroomsType1: 5
- Cooling: Yes
- HeatType: Other
- Sewer: Septic
- Water Source: Drilled Well
- Building Area Total: 1.06
- Building Area Units: Acres
- Parcel Number: 583740437
- LotSizeUnits: Feet
- LotDepth: 209
- LotWidth: 200
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