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424 Penetanguishene Road

424 Penetanguishene Road

Springwater, ON

53 sqft • Land • 593 days on market

$5,500,000

Location, Location, Location! Welcome to the City of Barrie, Jan 1st, 2026 the Province has approved the city expansion boundary. Stunning 53 acres with beautiful parklands & scenic fairways views. This property backs onto the super tourism Hwy 400 at the merge/split gateway to the north and fronts Hwy 93, offering unbeatable exposure. Just 500m from Georgian Drive, with quick access to RVH & Georgian College, the future of Barrie is here with an incredible investment opportunity for big development or the perfect place to relocate your business. Currently, this property has the potential for over $1 million in sales from five core businesses, operating successfully for 25+ years. Revenue streams include a 9-hole golf course with pristine greens and stunning views, the modern clubhouse sits on 2 acre commercial with 9000 sq. ft. including turf garages. The 8 acre practice driving range is a field of expansive greenery, a modern bistro for 40 guests, the grand ballroom with golf views that can be expanded to 250 guests, a seasonal venue room with a golf view for 150 guests, 4 rental suites that can generate over $4,000 in monthly revenue. The property offers development potential on 10+ acres. The current owner is retiring and willing to provide training. Don't miss this rare opportunity to own a prime piece of land with unlimited potential!

Listing Details

Taxes (2024)
$4,500
Originally Listed
$5,000,000
Listed
January 6, 2025

Price History

Utilities

Sewer
Septic

Location & Legal

Cross Street
Hwy #400 To Hwy #93 South
Zoning
Recreational

Commercial

Business Type
Golf
Occupancy
Tenant

Included

Inclusions
All Equipment Included.

Community

Postal area L4K

Population
20,172
Private dwellings
8,679
Median age
37.6
Average household size
2.6
Median household income
$92,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Springwater · last 12 months

Median sold price
$875,000
Homes sold
287
Median days on market
30
Sale-to-list price
96.2%

Based on 287 recorded sales of commercial properties in Springwater over the last 12 months.

Listed by

RE/MAX WEST REALTY INC.

Commercial figures

Annual property tax
$4,500

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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