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List Price: $2,999,000

5608 Penetanguishene Road, Springwater, L0L 1P0

- By ROYAL LEPAGE FIRST CONTACT REALTY
Investment|MLS - #S12234737|New
Bed
5 Bath
1.06 Sqft.
None Garage

Client Remarks

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).
Property Description

5608 Penetanguishene Road, Springwater, L0L 1P0

Property type

Investment

Lot size

N/A acres

Style

Approx. Area

1.06 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Building size

1.06

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

2024

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5608 Penetanguishene Road, Springwater, L0L 1P0
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

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