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$2,949,000
Available - For Sale
Listing ID: S12234737
Just over an hour north of Toronto; Discover a rare investment opportunity on beautiful Orr Lake with FIVE fully winterized, waterfront cottages on over 200 feet of shoreline offering year-round income potential. These charming one- and two-bedroom units were rejuvenated in 2023 & are equipped with both heating and air conditioning, making them perfect for all-season rentals. Brand new Waterloo Septic System services the cottages ($82K). UV water system. Each cottage is thoughtfully designed for comfort and functionality, with direct access to a large 200+ foot sandy, shallow beach ideal for guests of all ages. Adding to the value is a freestanding coffee shop located on the property, currently leased out to incredible tenants, providing additional passive income. With consistent rental demand, scenic lake views, and solid returns, this is a turnkey waterfront portfolio not to be missed. Machinery included: John Deere zero turn mower & Kioti tractor. Located across the street from Orr Lake Golf Club, LCBO and a short drive to Slopes & Spas (Mt St Louis, Horseshoe, Vetta & Snow Valley).
Price $2,949,000
Taxes: $4,261
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 5608 Penetanguishene Road , Springwater, L0L 1P0, Simcoe
Postal Code: L0L 1P0
Province/State: Simcoe
Directions/Cross Streets: Penetanguishene Rd / South Orr Lake Rd
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Washroom 31 0
Washroom 32 0
Washroom 33 0
Washroom 34 0
Washroom 35 0
Washroom 36 0
Washroom 37 0
Washroom 38 0
Washroom 39 0
Washroom 40 0
Washroom 41 0
Washroom 42 0
Washroom 43 0
Washroom 44 0
Washroom 45 0
Washroom 46 0
Washroom 47 0
Washroom 48 0
Washroom 49 0
Washroom 50 0
Category: Accommodation
Use: Cabins/Cottages
Building Percentage: T
Total Area: 1.06
Total Area Code:  Acres
Approximatly Age: 0-5
Business/Building Name: Little Vidi Cottages
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Employees #: 0
 Management Expense: 0
Maintenance: 0
Water Expense: $0
Expenses Actual/Estimated: $Est
Sprinklers: No
Outside Storage: T
Heat Type: Other
Central Air Conditioning: Yes
Sewers: Septic
Water: Drilled W
Water Supply Types: Drilled Well
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE FIRST CONTACT REALTY

5608 Penetanguishene Road , Springwater, L0L 1P0, Simcoe


 
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At a Glance:
Type: Com - Investment
Area: Simcoe
Municipality: Springwater
Neighbourhood: Rural Springwater
Style:
Lot Size: x 209.00(Feet)
Approximate Age: 0-5
Tax: $4,261
Maintenance Fee: $0
Beds: 0
Baths: 5
Garage: 0
Fireplace: N
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