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5474 Penetanguishene Road Springwater, Ontario L0L 1P0

5 Bedroom 2 Bathroom
Bungalow Forced Air

$899,000

Welcome to your dream west facing waterfront retreat! Home to sunsets for life! This exquisite property on Orr Lake offers the perfect blend of seclusion and accessibility, located just 20 minutes from Barrie and a mere a hour and twenty from Toronto. Nestled on a picturesque, treed acre with 56 ft of private waterfront, this haven provides an ideal escape from the hustle and bustle of city life. Both homes on the property are move-in ready. The main home features 2 cozy bedrooms, 1 modern bath, and laundry facilities. You can enjoy this charming property year-round. Additionally, a beautifully updated bunkie with electircty is just steps away, perfect for hosting extra guests. A standout feature is the large, additional detached 1 car garage house. This versatile auxiliary house includes 2 bedrooms, 1 bath, and a spacious kitchen/living area, offering endless possibilities for use.This property is not just a personal paradise but also a fantastic investment opportunity. Its close proximity to Wasaga Beach, St. Louis Moonstone, and Horseshoe Valley Ski Resort makes it an attractive option for four-season rentals, potentially generating over $100K in annual income. Whether you're seeking a serene family retreat or a profitable rental property, this waterfront gem offers endless possibilities and incredible potential. Dont miss out on this unique opportunity! Use one property for personal use or rent one out to cover a portion of your mortgage! (id:43787)

Property Details

MLS® Number S8368348
Property Type Single Family
Community Name Rural Springwater
Features Irregular Lot Size
Parking Space Total 20
Structure Dock
View Type Direct Water View

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Below Ground 1
Bedrooms Total 5
Architectural Style Bungalow
Basement Features Separate Entrance
Basement Type N/a
Construction Style Attachment Detached
Exterior Finish Vinyl Siding
Foundation Type Unknown
Half Bath Total 1
Heating Fuel Propane
Heating Type Forced Air
Stories Total 1
Type House

Parking

Attached Garage

Land

Access Type Private Docking
Acreage No
Sewer Septic System
Size Depth 952 Ft
Size Frontage 56 Ft
Size Irregular 56.58 X 952 Ft ; See Geo Warehouse
Size Total Text 56.58 X 952 Ft ; See Geo Warehouse|1/2 - 1.99 Acres

https://www.realtor.ca/real-estate/26937796/5474-penetanguishene-road-springwater-rural-springwater

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