5580 Penetanguishene Road, Springwater, ON
Property no longer active
This property was sold on October 22, 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 $899,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 110.32 x 241.24 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Carpet Free, Countertop Range, Guest Accommodations
- Efficient baseboard heating via electric
Description
ESCAPE TO ORR LAKE FOUR-SEASON FUN WITH 110 FT OF SHORELINE, A DOCK & MULTIPLE OUTBUILDINGS! Get ready to live the waterfront dream on Orr Lake with 110 feet of clean, shallow shoreline and incredible west-facing views for sunsets you'll never forget! Set on a deep 241-foot lot with over half an acre to enjoy, this four-season bungalow is positioned closer to the water than most, offering unbeatable lake views from multiple rooms and a bright, open-concept interior that's as charming as it is functional. Whether you're hosting friends or soaking up the serenity, you'll love the indoor-outdoor lifestyle with three decks, a gazebo, a dock, a sitting deck at the waters edge, and even a super cute lakeside chapel/change room for storage and getting ready to dive in. The inviting kitchen features warm cabinetry, breakfast bar seating, and clear sightlines into the living and dining rooms, while built-in cabinets and shelves add character and neutral tones keep the vibe relaxed and welcoming. The main level offers two bedrooms including a primary with a double closet, while the upper-level loft space or potential third bedroom is perfect for play, creativity, a hobby nook, or added storage. The finished basement offers even more space with a large rec room made for games, movie nights, and rainy-day fun, plus a third bedroom for guests. A bonus bunkie with built-in bunk beds makes hosting easy. Set on a municipally maintained road, just a short walk to the Orr Lake General Store and LCBO, with year-round recreation including swimming, kayaking, boating, skating, snowshoeing, and Orr Lake Golf Club nearby, and under 20 minutes to Barrie. Why settle for ordinary when you can wake up to lake views and live the cottage dream all year long?
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Property Summary
This detached home located at 5580 Penetanguishene Road, Springwater is currently for sale and has been available on SousaSells for 284 days. This property is listed at $899,000 with an estimated mortgage of $2,992* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 5580 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Golf, Greenbelt/Conservation, Lake Access, Lake/Pond, Waterfront
Interior Features
Carpet Free, Countertop Range, Guest Accommodations, In-Law Capability, Primary Bedroom - Main Floor, Storage, Sump Pump, Upgraded Insulation, Water Heater Owned
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
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Location
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 5580 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 $899,000 in Springwater, the legal minimum down payment is $64,900 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 $14,455 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 $14,455.
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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.