2240 South Orr Lake Rd, Springwater

Name: 2240 South Orr Lake Road
SKU: S12750724
Price: 1475000 CAD
Availability: InStock

3 Bed, 3 Bath Detached Home in Springwater

About 2240 South Orr Lake Road

Experience refined waterfront living at this exceptional retreat on South Orr Lake. Thoughtfully designed to blend elegance, comfort, and natural beauty, this stunning home captures panoramic lake views from its prime shoreline setting. FEATURES: The kitchen is both stylish and functional, with custom cabinetry, stone countertops, and premium stainless steel appliances. The open-concept layout flows effortlessly into the dining and living areas, all filled with natural light from expansive windows that frame the lake beyond-perfect for entertaining or relaxed everyday living.The upper level offers generously sized bedrooms ideal for family or guests, along with a well-appointed 4-piece bathroom. The primary suite serves as a private retreat, complete with a custom walk-in closet with built-in shelving and a spa-inspired 4-piece ensuite designed for comfort and relaxation.The expansive lower level is an entertainer's dream, offering a bright second living space with oversized windows, a dedicated games area with pool table, and an elegant wet bar for hosting. Multiple walk-outs provide seamless indoor-outdoor flow, while a conveniently located laundry room adds everyday practicality. Set within a prime lakeside location, the home is complemented by cultured stone landscaping that enhances its polished, high-end appeal-making this a rare opportunity to enjoy sophisticated waterfront living in a truly tranquil setting.

3 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $738 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 2240 South Orr Lake Rd

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 2000-2500 sq ftas stated on the listing
Parking: 7 spacesYes garage
Basement: Finished with Walk-Out, Full

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 7

Interior

Basement: Finished with Walk-Out · Full

Lot & land

Lot size (sqft): 13379.36

Listing & possession

Property style: 2-Storey
Property class: Detached

2240 South Orr Lake Rd Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® S12750724−$125,000 (7.8%)$1,475,000
Feb 2, 2026For saleListedThis listingMLS® S12750724$1,600,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 2240 South Orr Lake Rd Compares to the Springwater Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 199 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Springwater market, last 90 days

Median sold price: $890,000
Average sold price: $972,286
Average days on market: 39
Homes sold: 123

Closed sales on the TRREB MLS®.

Full Springwater market report

Market pulse · Springwater

Springwater market

Median sold price$890,000Last 90 days
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings235Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 25 – Jul 24, 2026: prices up.

Based on 123 sales from Jul 24 – Oct 22, 2026 (77 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Springwater

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home2240 South Orr Lake Road 3 bd · 3 ba · 2,000 sqft	$1,475,000asking	$738	—	—
2710 Portage Trail 3 bd · 3 ba · 2,000 sqft
2 Briarwood Court 3 bd · 1 ba · 1,500 sqft
3265 Vigo Road 3 bd · 2 ba · 1,500 sqft
36 Beverly Street 3 bd · 3 ba · 1,500 sqft
2 Marni Lane 3 bd · 4 ba · 1,500 sqft
3149 Barrie Hill Road 2 bd · 2 ba · 700 sqft

2710 Portage Trail
3 bd · 3 ba · 2,000 sqft
2 Briarwood Court
3 bd · 1 ba · 1,500 sqft
3265 Vigo Road
3 bd · 2 ba · 1,500 sqft
36 Beverly Street
3 bd · 3 ba · 1,500 sqft
2 Marni Lane
3 bd · 4 ba · 1,500 sqft
3149 Barrie Hill Road
2 bd · 2 ba · 700 sqft

Living in Springwater: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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How long is your commute?

From 2240 South Orr Lake Rd. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 2240 South Orr Lake Rd

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $7,246; 20% down · 25 years · 5.5% assumed
Property tax: $811; 0.66% mill rate · ON
Total per month: $8,057; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$7,246

/mo

based on the purchase price of $1,475,000

Down payment20%

$295,000 cash

Amortization25 yr

$1,180,000 financed

Rate5.50%

$993,870 total interest

Principal54%$1,180,000

Interest46%$993,870

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

Book a tour of 2240 South Orr Lake Rd with a licensed buyer's agent

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Questions About 2240 South Orr Lake Rd

How much is 2240 South Orr Lake Rd listed for?

2240 South Orr Lake Rd is listed at $1,475,000 (MLS® S12750724). Summitly updates the price as soon as the MLS® record changes.

Is $1,475,000 a good price for 2240 South Orr Lake Rd?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Springwater. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 2240 South Orr Lake Rd changed?

Yes — it was first listed at $1,600,000 and is now $1,475,000, a drop of $125,000 (7.8%).

How many bedrooms and bathrooms does 2240 South Orr Lake Rd have?

2240 South Orr Lake Rd has 3 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Springwater.

How much would the monthly mortgage be on 2240 South Orr Lake Rd?

About $7,246 a month — principal and interest on $1,475,000 with 20% down ($295,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 2240 South Orr Lake Rd compare with other homes in Springwater?

Its asking price of $1,475,000 is about 66% above the median sold price in Springwater over the last 90 days, $890,000, across 123 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 2240 South Orr Lake Rd been sold before?

Summitly has no earlier MLS® sale or lease of 2240 South Orr Lake Rd on record from the last two years. Older records aren't shown under TRREB rules.

Where is 2240 South Orr Lake Rd?

2240 South Orr Lake Rd is in Springwater, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 2240 South Orr Lake Rd been on the market?

262 days — 2240 South Orr Lake Rd was listed on February 2, 2026.

What is the price per square foot of 2240 South Orr Lake Rd?

About $590 to $738 per square foot: the asking price of $1,475,000 over the 2,000–2,500 sq ft the listing gives as its size range.

Does 2240 South Orr Lake Rd have parking or a garage?

Yes — the listing gives 7 parking spaces. Garage: Yes.

Does 2240 South Orr Lake Rd have a basement, and is it finished?

The listing describes the basement as: Finished with Walk-Out, Full.

2240 South Orr Lake Rd, Springwater

What you should know

3 Bed, 3 Bath Detached Home in Springwater

About 2240 South Orr Lake Road

Inside 2240 South Orr Lake Rd

Features & systems

2240 South Orr Lake Rd Price & Sale History

How 2240 South Orr Lake Rd Compares to the Springwater Market

Springwater market, last 90 days

Recently sold nearby in Springwater

Living in Springwater: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 2240 South Orr Lake Rd

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on South Orr Lake Road? See what yours is worth

Zara, any time

A licensed local agent

See 2240 South Orr Lake Rd, Springwater in person

Similar homes for sale nearby in Springwater

Explore More Detached Homes in Springwater

3 Bed, 3 Bath Detached Home in Springwater

About 2240 South Orr Lake Road

Inside 2240 South Orr Lake Rd

Features & systems

2240 South Orr Lake Rd Price & Sale History

How 2240 South Orr Lake Rd Compares to the Springwater Market

Springwater market, last 90 days

Market pulse · Springwater

Recently sold nearby in Springwater

Living in Springwater: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 2240 South Orr Lake Rd

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on South Orr Lake Road? See what yours is worth

Zara, any time

A licensed local agent

See 2240 South Orr Lake Rd, Springwater in person

Questions About 2240 South Orr Lake Rd

How much is 2240 South Orr Lake Rd listed for?

Is $1,475,000 a good price for 2240 South Orr Lake Rd?

Has the price of 2240 South Orr Lake Rd changed?

How many bedrooms and bathrooms does 2240 South Orr Lake Rd have?

How much would the monthly mortgage be on 2240 South Orr Lake Rd?

How does 2240 South Orr Lake Rd compare with other homes in Springwater?

Has 2240 South Orr Lake Rd been sold before?

Where is 2240 South Orr Lake Rd?

How long has 2240 South Orr Lake Rd been on the market?

What is the price per square foot of 2240 South Orr Lake Rd?

Does 2240 South Orr Lake Rd have parking or a garage?

Does 2240 South Orr Lake Rd have a basement, and is it finished?

Similar homes for sale nearby in Springwater

Explore More Detached Homes in Springwater

Market pulse · Springwater

Questions About 2240 South Orr Lake Rd

How much is 2240 South Orr Lake Rd listed for?

Is $1,475,000 a good price for 2240 South Orr Lake Rd?

Has the price of 2240 South Orr Lake Rd changed?

How many bedrooms and bathrooms does 2240 South Orr Lake Rd have?

How much would the monthly mortgage be on 2240 South Orr Lake Rd?

How does 2240 South Orr Lake Rd compare with other homes in Springwater?

Has 2240 South Orr Lake Rd been sold before?

Where is 2240 South Orr Lake Rd?

How long has 2240 South Orr Lake Rd been on the market?

What is the price per square foot of 2240 South Orr Lake Rd?

Does 2240 South Orr Lake Rd have parking or a garage?

Does 2240 South Orr Lake Rd have a basement, and is it finished?