For Sale
Just Listed
5724 Penetanguishene Road
Rural Springwater, Springwater, ON
$649,000
3Bd
1Ba
1,300+sqft
6Parking
277.75 x 156.26 ftlot
$499/sqft
DetachedMLS# S13249566Listed 2026-06-055 DOM
Heating
Water Heater Owned
Basement
Unfinished
About this home
4-SEASON ORR LAKE BUNGALOW WITH TWO PROPERTIES, EXTENSIVE UPDATES & 100+ FT OF SUN-SOAKED SHORELINE! A unique double-lot opportunity on Orr Lake with over 100 feet of south-west facing waterfront. This updated 3-bedroom bungalow includes a separate waterfront parcel at 1 Cedar Lane featuring a 40 ft dock, sandy shoreline, and a 2-car garage with a third waterfront-facing bay for all your toys, complete with a 60 amp pony panel, plus sunset views across the water, where long summer evenings by the water and quiet winter mornings feel like part of daily life. Renovated throughout with an updated kitchen, bath, windows, doors, siding, drilled well, and high-speed internet, this is easy four-season living just 15 minutes from Midland, one hour from the GTA, and close to the public boat launch on Orr Lake. The property also offers strong short-term rental potential.
GarageRenovatedWaterfront
Rooms
Main Floor
| Kitchen | 3.99 × 2.77 m | |
| Dining Room | 3.99 × 1.73 m | |
| Living Room | 4.00 × 6.45 m | Fireplace |
| Primary Bedroom | 3.38 × 2.97 m | |
| Bedroom 2 | 5.36 × 2.41 m | |
| Bedroom 3 | 3.94 × 2.92 m | |
| Other | 3.38 × 2.26 m |
Features
- Carpet Free
- Primary Bedroom - Main Floor
- Storage
- Water Heater Owned
- Porch
- Recreational Area
- Seasonal Living
- Year Round Living
- Unfinished
- Partial Basement
- None
- Bungalow-Raised
Financials
Annual Taxes
$2,702.79
Estimated Rental Income
Entire property$3,200 – $4,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield5.9% – 8.9%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Springwater
Days on market5 days
Buyer's MarketSeller's Market
Based on active listings in Springwater. Data updates daily.
Our estimate for this home
Estimated range
$819K – $952K
Mid-point $886K · ~$681/sqft
How this listing compares
$819KList · $649K$952K
Medium confidence·Based on 19 rural springwater comparables
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
54
/ 100
Walk Score
Somewhat Walkable
41
/ 100
Transit Score
Some Transit
52
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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