$2,999,000

5608 Penetanguishene Road, Springwater, ON L0L 1P0

Rural Springwater, Springwater,

| | 14  | sq.ft. | Year Built: 0-5 |

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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).

Property Info
MLS®: S12234737
Listing Courtesy of ROYAL LEPAGE FIRST CONTACT REALTY
Total Bathrooms 5
Floor Space 1 sq.ft.
Lot Size 41800 sq.ft.
Last Updated 2025-06-20
Property Type Commerece
Listed Price $2,999,000
Unit Pricing $2,999,000/sq.ft.
Tax Estimate $4,261/Year
Year Built 0-5
More Details
Parking Total 14
Water Supply Well
Foundation Septic
Summary
    Location and General Information
  • HoldoverDays: 60
  • Property Type: Commercial
  • Property Sub Type: Investment
  • GarageType: None
  • Directions: Penetanguishene Rd / South Orr Lake Rd
  • Taxes and HOA Information
  • Tax Year: 2025
  • Parking
  • ParkingSpaces: 14
Interior and Exterior Features
    Bathrooms Information
  • WashroomsType1: 5
  • Interior Features
  • Cooling: Yes
  • HeatType: Other
  • Exterior Features
Property
    Utilities
  • Sewer: Septic
  • Water Source: Drilled Well
  • Property and Assessments
  • Building Area Total: 1.06
  • Building Area Units: Acres
  • Lot Information
  • Parcel Number: 583740437
  • LotSizeUnits: Feet
  • LotDepth: 209
  • LotWidth: 200
  • Others
Sold History
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OPEN HOUSES (The data is not provided by TRREB)
2025-08-03 01:00 PM - 02:00 PM
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