5358 PENETANGUISHENE Road, Springwater, ON
Property no longer active
This property was sold on March 21, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Springwater. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $669,000 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.
- 2 Bedrooms and 1 Bathroom
- Premium 228.78 x 159.92 ft lot size
- Features a unfinished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater Owned, Water Softener
- Efficient forced air heating via gas
Description
HEATED SHOP/GARAGE- This charming 2-bedroom + Den, 912 sq ft bungalow sits on nearly an acre of land near Orr Lake and backs onto Simcoe County Reforestation. This home offers an open concept living space that features a spacious family room and bright space just off this room that could be used as a dining area or sitting room. Included are two good sized bedrooms, a 4PC bathroom and kitchen with stainless steel appliances. Outdoors, enjoy a cozy covered front porch and a large rear deck, ideal for entertaining or relaxing. The expansive lawn offers plenty of room for games, campfires, and outdoor gatherings. The impressive, heated detached garage (5 years old) features epoxy floors, a TV, stainless steel fridge, built in bar and ample space for a workshop, storage or parking. Recent upgrades include a new roof (5 years), new furnace, stainless steel appliances (stove and fridge) and a brand-new washer and dryer. This property is ideal for storage of outdoor toys- snowmobiles, ATV's, boats, campers. Also amazing property for carpenters, with a heated shop and lots of outdoor space for equipment/materials.
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Property Summary
This detached home located at 5358 PENETANGUISHENE Road, Springwater is currently for sale and has been available on SousaSells for 558 days. This property is listed at $669,000 with an estimated mortgage of $2,227* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 5358 PENETANGUISHENE Road, Springwater is in the Rural Springwater neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Parking & Garage
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Water Heater Owned, Water Softener
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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 5358 PENETANGUISHENE Road, Springwater, ON L0L 1P0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Springwater, ON
For a property listed at $669,000 in Springwater, the legal minimum down payment is $41,900 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 $9,855 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 $9,855.
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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.