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Home ON Greater Barrie Springwater
5608 PENETANGUISHENE ROAD
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5608 PENETANGUISHENE ROAD $2,999,000
7 days ago
$2,999,000
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5608 PENETANGUISHENE ROAD
Springwater, Ontario L0L1P0

MLS® Number: S12234737
5
Bathrooms

Listing Description

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). (40733453)

Location Description

Penetanguishene Rd / South Orr Lake Rd

Property Summary

Property Type
Business
Community Name
Rural Springwater
Land Size
1.06 ac
Age Of Building
0 to 5 years
Annual Property Taxes
$4,261
Total Parking Spaces
14
Time on REALTOR.ca
7 days

Building

Bathrooms
Total
5
Interior Features
Appliances Included
Dryer, Washer
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other
Utilities
Utility Sewer
Septic System
Water
Drilled Well
Business
Business Name
Little Vidi Cottages
Business Type
Accommodation (Cottage/Cabin Rental)
Parking
Total Parking Spaces
14

Measurements

Square Footage
1 ac

Land

Lot Features
Frontage
200 ft
Land Depth
209 ft
Other Property Information
Zoning Description
Commercial; Tourist Establishment
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
JENNIFER SQUIRES