$699,000
5724 & 1 Penetanguishene Road & Cedar Lane N/A, Springwater, ON L0L 1P0
3 Beds
1 Baths
6 Parking
4-SEASON ORR LAKE BUNGALOW WITH TWO PROPERTIES, EXTENSIVE UPDATES & 100+ FT OF SUN-SOAKED SHORELINE! Life at the lake starts here, with morning coffee on the dock, kids splashing along the warm, shallow shoreline, sunset fires by the water and winter skates across Orr Lake. 5724 Penetanguishene Road includes a separate waterfront lot at 1 Cedar Lane, creating a rare double-lot opportunity with 100+ ft of south/west-facing frontage, all-day sun, a partially sandy shoreline and a 40 ft dock ready for summer. Set on a municipally maintained year-round road with school bus access, this bright 3-bedroom bungalow makes four-season living feel easy, just 1 hour from the GTA and 15 minutes to Midland. Water views from the kitchen and living room bring the lake into everyday life, while the open-concept layout offers an easy flow between the kitchen, dining and living areas. A large walk-in space offers excellent storage or potential for a fourth bedroom. The home was renovated in 2020, with additional updates including insulation, drywall, windows, doors, kitchen with gas stove, bathroom, owned hot water tank, drilled well and high-speed internet. Efficient gas stove heating keeps the home comfortable in all seasons. Across the road, the private waterfront parcel offers space to swim, gather by the firepit, fish, paddle, launch a small motorized boat from the public boat launch on the lake and settle into long dock days. A detached 2-car garage with a third bay facing the water, electric heat, insulation, separate 60-amp service and an artesian well adds even more function to this Orr Lake lifestyle. This is waterfront living made easy, where summer days stretch out on the dock, winter brings the lake to life, and every season feels worth staying for.

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style Bungalow-Raised
Approximate Age 51-99
Bedrooms Above Grade 3
Bathrooms 1
Kitchens 1
Basement Unfinished, Partial Basement
Exposure North
Possession Flexible

Building

Building Type Detached
Square Footage 1100-1500
Exterior Vinyl Siding
Foundation Concrete Block
Roof Asphalt Shingle
Heating Baseboard
Heat Source Electric
Cooling None
Fireplace Yes

Measurements

Lot Size 277.75 x 156.26
Lot Size Area 0.84
Lot Size Units Feet
Frontage 277.75
Depth 156.26
Total Living Area 1100-1500

Land

Address 5724 & 1 Penetanguishene Road & Cedar Lane N/A, Springwater, ON L0L 1P0
City Springwater
Community Rural Springwater
County / Area Simcoe
Cross Street Moonstone Rd W/Penetanguishene Rd
Sewer Septic
Water Source Drilled Well
Pool None
Parcel Number 583740468

Parking and Garage

Total Parking 6
Garage Spaces 2
Garage Type Detached
Parking Features Private Double, Available

Taxes and Listing Info

List Price $699,000
Annual Taxes $2,703
Tax Year 2025
Status Active
Listing Date 2026-05-25T18:37:08Z
Updated 2026-05-25T18:40:56Z
MLS Number S13171272
Local Market Insight

What Buyers Should Know About 5724 & 1 Penetanguishene Road & Cedar Lane N/A, Springwater, ON L0L 1P0

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

5724 & 1 Penetanguishene Road & Cedar Lane N/A, Springwater, ON L0L 1P0 is positioned in Rural Springwater, a part of Springwater where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Bungalow-Raised, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Moonstone Rd W/Penetanguishene Rd, public transit options, parking availability, and drive times to employment areas. A property with 6 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $699,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 3 bedrooms, 1 bathrooms, basement details marked as Unfinished, Partial Basement, and a lot size of 277.75 x 156.26, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Springwater, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Rural Springwater. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 5724 & 1 Penetanguishene Road & Cedar Lane N/A, Springwater, ON L0L 1P0, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.