1398 Old Second Road
Springwater, ON
- 3 bed
- 2 bath
- approx. 2000-2500 sqft
- Rural Residential
- 106 days on market
Discover an extraordinary 78-acre equestrian estate in the heart of Springwater Township, perfectly positioned just minutes from Highway 400 for convenient access to the GTA, Pearson Airport, Georgian Bay, Lake Simcoe, Muskoka, Barrie, Orillia, Midland, and the Blue Mountains. Offering over 1,300 feet of frontage, three driveways, and abutting an unopened road allowance along the north boundary, this remarkable property presents exceptional versatility for equestrian enthusiasts, multigenerational living, home-based businesses, income potential, and possible future severance opportunities. The primary residence offers a warm and inviting layout featuring vaulted ceilings, skylights, an open-concept kitchen, living and dining area, 3 bedrooms, and 2 full bathrooms. The expansive primary suite includes a spa-inspired ensuite complete with a jetted tub and sauna. A finished lower level provides additional flexible living space ideal for a family room, gym, or games area. Step outside to an impressive wraparound deck overlooking the above-ground pool, pond, and sweeping countryside views. Equestrians will appreciate the impressive 40' x 260' barn equipped with 8 stalls, heated tack room, multiple paddocks, a 5/8-mile track, and approximately 10 miles of scenic trails winding throughout the property. A heated 24' x 26' studio/flex space offers endless possibilities, while the heated 30' x 50' detached shop with two hoists is perfect for hobbyists, contractors, or equipment storage. Adding even more value is a separate 2-bedroom, 1-bath secondary dwelling complete with its own well, septic, and driveway - ideal for extended family, staff accommodations, or rental income. With year-round recreation including skiing, snowmobiling, boating, golfing, dirt biking, horseback riding, and hiking at your doorstep, this is a rare opportunity to own a true four-season lifestyle property. Forest management plan currently in place for reduced property taxes.
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Listing Details
- Taxes (2025)
- $5,554
- Listed
- May 21, 2026
Price History
Listing history
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Property
- Style
- Sidesplit 3
- Age
- 51-99
- Construction
- Stucco (Plaster), Stone
- Roof
- Metal
- Foundation
- Concrete Block
- Interior
- Water Heater Owned
- Lot Size
- 1360.55 x 2125.6 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 1
- Total Parking
- 21
Utilities
- Water
- Dug Well
- Sewer
- Septic
- Heat Source
- Propane
Location & Legal
- Cross Street
- Old Second and Horseshoe
- Zoning
- A-1 & EP
- Parcel Number
- 583660041
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- Refrigerator, Stove, Cooktop, Dishwasher, Freezer, Washer, Dryer + 2 dwelling Refrigerator, Stove, Dishwasher, Washer, Dryer
- Exclusions
- Personal and decor items. Lifts in shop.
- Rental Items
- NONE
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
- $880,000
- Homes sold
- 292
- Median days on market
- 30
- Sale-to-list price
- 96.1%
Based on 292 recorded sales of residential freehold properties in Springwater over the last 12 months.
Rooms
5-piece on Second, 3-piece on Lower
Second
- Bathroom11'8" x 21'1"
- Primary Bedroom16'9" x 21'1"
Main
- Dining Room8'1" x 11'10"
- Foyer7'9" x 6'8"
- Kitchen8'6" x 18'10"
- Living Room15'1" x 18'10"
- Sunroom23'2" x 7'7"
Lower
- Bathroom7'5" x 10'7"
- Bedroom 212'10" x 9'7"
- Bedroom 311'3" x 11'7"
Basement
- Recreation22'3" x 21'11"
- Utility Room10'10" x 16'1"
Listed by
RE/MAX HALLMARK CHAY REALTY
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Location
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Mortgage Calculator
$499,000
Estimated Monthly Payment
$12,257
Land transfer tax
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
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Mortgage: $12,257/mo (20% down, 5.5%)
Taxes: $463/mo · Insurance: $624/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
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Reita is an automated assistant, not a licensed real estate agent. This listing mentions Equestrians will appreciate the impressive 40' x 260' barn equipped with 8 stalls, heated tack room, multiple paddocks, a 5/8-mile track, and approximately 10 miles of scenic trails winding throughout the property.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?