Open: Sun, 12PM to 2PM
A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 5724 & 1 Penetanguishene Road & Cedar Lane, Springwater Ontario L0L 1P0
1 day on Market

5724 & 1 Penetanguishene Road & Cedar Lane, Springwater, Ontario L0L 1P0

Detached
3
1
~1100-1500 sqft
$749,900
Get pre-qualifiedPowered by nesto
Detached
3
1
~1100-1500 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$590/sqft

Monthly cost

Open Calculator

Description

TWO PROPERTIES, ONE INCREDIBLE WATERFRONT OPPORTUNITY ON ORR LAKE! Some homes give you a place to live, and some give you a place to escape to, but this one gives you both, with a cozy bungalow on one property and your own separate waterfront parcel across the road on Orr Lake. This unique two-property offering spans a combined 0.84 acres. Water views from the house and easy access to the shoreline create a lifestyle filled with dock days, shoreline fires, paddling, fishing, and time spent on the water. The main residence at 5724 Penetanguishene Road is set on a municipally maintained year-round road and offers open-concept principal rooms, including an updated kitchen with stainless steel appliances, ample cabinetry, and a large peninsula with a double sink, while the adjacent living area is warmed by a cozy gas fireplace. Significant updates have already been completed, including vinyl siding, windows, drywall, the well, pressure tank, shingles, and a recently pumped septic. At 1 Cedar Lane, the waterfront parcel offers over 100 feet of private shoreline, a 40 ft dock, and a 2-car garage with electric heat and a 60-amp panel. Orr Lake is known for great fishing, and with a public boat launch on the lake plus opportunities for boating and winter skating, this is where full-time living comes with a little more freedom, a little more fun, and a whole lot more lake life!


Upcoming Open House

Mar 29Sun12:00 PM - 2:00 PM

Property Details

StyleBungalow-Raised
ViewGarden, Lake, Trees/Woods, Water
Age of property51-99
SqFt~1100-1500 SqFt
Lot Size43,401 SqFt(156.26 x 277.75)
Parking Spaces6
MLS ®NumberS12914248
Community NameSpringwater
Data SourceTRREB
Listing byRE/MAX HALLMARK PEGGY HILL GROUP REALTY

Features

Heating: Baseboard
Fireplace
Basement: Unfinished, Part Bsmt

Main Floor

Living

4.0 x 6.45

Fireplace

Kitchen

3.99 x 2.77

Dining

3.99 x 1.73

3rd Br

3.94 x 2.92


Features

Lot size: 43,401 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 4

Total parking spaces 6


Property History

Mar 24, 2026
ListedActive
$749,900
1 day on market
history photo preview19
Listing by trreb®
Property listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Springwater

Geo Zone Map ThumbnailSpringwater

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

57 days

Compared to

2025

60 days

2024

39 days

2023

35 days

New Listings

Past 30 days

54 listings

Compared to

2025

65 listings

2024

73 listings

2023

74 listings

Units sold

Past 30 days

18 units

Compared to

2025

14 units

2024

31 units

2023

24 units

Median Sold Price

Past 30 days

$843,500

Compared to

2025

$1,054,000

2024

$890,000

2023

$778,500


Population and Demographics

Overview

Total population 26030
Average household income $160,011

Age (%)

0 to 19
24%
20 to 34
16%
35 to 49
20%
50 to 64
23%
65 and plus
17%

Household composition (%)

Single family
79%
Single person
17%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
91%
Others
6%
French
2%

House tenancy (%)

Owners
88%
Renters
12%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget