35
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$2,949,000
Est. payment /mo
5 Baths
1 SqFt
Active
5608 Penetanguishene RD Springwater, ON L0L 1P0
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $2,949,000
Subdivision Rural Springwater
MLS Listing ID S12234737
Annual Tax Amount $4,261
Tax Year 2025
Property Sub-Type Investment
Property Description
Just over 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).
Location
Province ON
County Simcoe
Community Rural Springwater
Area Simcoe
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 200.0
Lot Depth 209.0
Building
Building Age 0-5
Others
Security Features No
Virtual Tour https://youtu.be/lAIQOdY3EzM
Listed by ROYAL LEPAGE FIRST CONTACT REALTY
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