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5766 Penetanguishene Highway

5766 Penetanguishene Highway

Springwater, ON

  • approx. < 700 sqft
  • Vacant Land
  • 119 days on market
$319,000

Client Remks: Great opportunity to build on premium .65 acre lot with 98 foot frontage on Penetanguishene Service Road (off of Hwy 93) & N Orr Lake Road in coveted family friendly community. Located near a golf course. Lake access for fishing and swimming. Close proximity to Wasaga Beach and Mt. St. Louis Moonstone Ski Hills. The property is not directly on Hwy 93,but is visible from there and accessible via a quiet service road with only a few homes. This building lot has been graded and has gated entrances from one onto North Orr Lake Road and one onto the Service Road. Lot has received approvals from municipality and NVCA for a 3000 SF Home Plus 1200 SF garage, but those permits are not transferrable to a new owner. Buyer to do their own due diligence and must resubmit all plans for approval for new building permit(s). Great opportunity to build on premium 65 acre lot with 98 foot frontage on Penetanguishene Service Road (off of Hwy 93) & N Orr Lake Road in coveted family friendly community. Located near a golf course. Lake access for fishing and swimming. Close proximity to Wasaga Beach and Mt. St. Louis Moonstone Ski Hills. The property is not directly on Hwy 93 but is visible from there and accessible via a quiet service road with only a few homes. This building lot has been graded and has gated entrances from one onto North Orr Lake Road and one onto the Service Road. Lot has received approvals from municipality and NVCA for a 3000 SF Home Plus 1200 SF garage, but those permits are not transferrable to a new owner. Buyer to do their own due diligence and must resubmit all plans for approval for new building permit(s) The Buyer and Seller acknowledge and agree that all development charges and fees related to the improvement of the lot are not included in the Purchase Price and will be paid by the Buyer when he applies to build.

Listing Details

Taxes (2025)
$806
Listed
May 3, 2026

Price History

Listing history

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Property

Construction
Other
Interior
Other
Lot Size
98.55 x 288.4 Feet

Utilities

Sewer
None

Location & Legal

Cross Street
North Orr Lake Road
Parcel Number
583740492
Possession
Flexible
Occupancy
Vacant

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

Residential Freehold in Springwater · last 12 months

Median sold price
$879,500
Homes sold
284
Median days on market
30
Sale-to-list price
96.2%

Based on 284 recorded sales of residential freehold properties in Springwater over the last 12 months.

Listed by

RE/MAX GEORGIAN BAY REALTY LTD.

Walk Score

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Location

Street View

Mortgage Calculator

$63,800

Estimated Monthly Payment

$1,567

Land transfer tax

Estimated land transfer tax$3,260

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,567/mo (20% down, 5.5%)

Taxes: $67/mo · Insurance: $80/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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