5724 & 1 Penetanguishene Road & Cedar Lane N/A, Springwater, ON L0L 1P0
For Sale
18 days on Market
MLS® S12914248
1 / 19
Overview
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TWO PROPERTIES, ONE INCREDIBLE WATERFRONT OPPORTUNITY ON ORR LAKE! Some homes give you a place to live, and some give you a place to escape to, but this one gives you both, with a cozy bungalow on one property and your own separate waterfront parcel across the road on Orr Lake. This unique two-property offering spans a combined 0.84 acres. Water views from the house and easy access to the shoreline create a lifestyle filled with dock days, shoreline fires, paddling, fishing, and time spent on the water. The main residence at 5724 Penetanguishene Road is set on a municipally maintained year-round road and offers open-concept principal rooms, including an updated kitchen with stainless steel appliances, ample cabinetry, and a large peninsula with a double sink, while the adjacent living area is warmed by a cozy gas fireplace. Significant updates have already been completed, including vinyl siding, windows, drywall, the well, pressure tank, shingles, and a recently pumped septic. At 1 Cedar Lane, the waterfront parcel offers over 100 feet of private shoreline, a 40 ft dock, and a 2-car garage with electric heat and a 60-amp panel. Orr Lake is known for great fishing, and with a public boat launch on the lake plus opportunities for boating and winter skating, this is where full-time living comes with a little more freedom, a little more fun, and a whole lot more lake life!
Bedrooms
3
Bathrooms
1.0
Area
1,300 sqft
Lot Size
1.0 acres
Type
Detached
Property Details
Year Built1951
CitySpringwater
Postal CodeL0L1P0
Lot Dimensions277.75 × 156.26 ft
Parking6 spaces
Interior Features
Heat: Baseboard
Heat Source: Electric
Cooling: None
Style: Bungalow-Raised
Exterior & Land
Sewer: Septic
Construction: Vinyl Siding
Roof: Asphalt Shingle
Utilities & Services
Heat SourceElectric
SewerSeptic
5724 & 1 Penetanguishene Road & Cedar Lane N/A, Springwater, ON L0L 1P0
Purchase Calculator
$749,900.00
$157,479.00
⚙️ Rate
Your mortgage interest rate can either be Fixed for the term or Variable.
4.70%
🧾 Amortization
30 years
Scenario Options
First-time Buyer
Newly Built
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💸 Rental Income
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100%
$400.00
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- Monthly Mortgage$0.00
- Home Expenses$0.00
- Other Expenses$0.00
- Rental Income$0.00
Mortgage Amount
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Closing Costs
$0.00
Mortgage Payment$0.00
Net Mortgage$0.00
Interest paid over term$0.00
Balance end of Term$0.00
Effective Amortization30 Years
Property Location
5724 & 1 Penetanguishene Road & Cedar Lane N/A, Springwater, ON L0L 1P0
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