4570 Penetanguishene Road
Springwater, ON
- 4,600 sqft
- Store W Apt/Office
- 504 days on market
Excellent Investment Property. Annual income potential $130,000. Three Commercial Units On Main plus Two Residential 2 Bedroom Units On Upper Floor (Stores connect to apartments above for perfect live above work opportunity). Tenants Pay TMI and Utilities, Ample Parking for 15 vehicles, Access from busy Penetanguishene Road and also From Martin Street. Roof Updated Approximately 10 Years Ago, Some Windows Replaced, Kitchen upgraded, Furnace Replaced In 2018 (Rental). Large backyard with BBQ and picnic table and space can be fenced. Room to build a shed. Building Approximately 4,600 Square Feet. Conveniently located 2 minutes drive from Highway 400 and exit 93. Minutes to Horseshoe Value, Mount St Louis Moonstone Resort, and other ski resorts. A short drive to Awenda, Muskoka, Orr Lake, Georgian Bay Islands, Balm Beach, Midland, Penetanguishene, Innisfil, Barrie, Elmvale, Orillia, Wasaga, Lake Simcoe, 1-hr from Toronto, and more.
Listing Details
- Taxes (2025)
- $5,062
- Originally Listed
- $850,000
- Listed
- April 21, 2025
Price History
Property
- Lot Size
- 66 x 164.7 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Penetanguishene Rd (93) & Mill
- Zoning
- General Commercial (Cg)
- Parcel Number
- 58371011
- Possession
- Flexible
- Occupancy
- Partial
Commercial
- Office / Apartment Area
- 2300 Sq Ft
Included
- Inclusions
- Snow removal and insurance paid for 2025-2026.
- Rental Items
- Furnace and air conditioner
Community
Postal area L0L
- Population
- 42,022
- Private dwellings
- 19,252
- Median age
- 46.8
- Average household size
- 2.7
- Median household income
- $106,000
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
- $880,000
- Homes sold
- 295
- Median days on market
- 31
- Sale-to-list price
- 96.1%
Based on 295 recorded sales of commercial properties in Springwater over the last 12 months.
Listed by
COLDWELL BANKER THE REAL ESTATE CENTRE
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 4,600 sq ft
- Price per sq ft
- $250.00
- Annual property tax
- $5,062
- Tax per sq ft
- $1.10
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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