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Lots & Land in Springwater
About 4896 Penetanguishene Road
A rare opportunity to own approximately 15 acres just outside the charming village of Hillsdale, offering an exceptional combination of privacy, natural beauty, accessibility and future potential. With an impressive approx. 990 ft of road frontage, an existing driveway and culvert, rolling terrain and a beautiful mix of mature hardwood bush, this property provides an incredible canvas for your custom country estate, recreational retreat or rural lifestyle. Zoned Agricultural (A), allowing for a variety of permitted uses including a single detached dwelling, hobby kennel, veterinary clinic, equestrian facility, market garden/farm produce outlet, home occupation, bed & breakfast, to name a few, subject to applicable provisions and approvals. Enjoy four-season recreation at your doorstep. Orr Lake and the Simcoe County Forest trails are just north of the property, and skiing, golf, hiking, biking and Georgian Bay are all within easy reach. Just off of Hwy 400 and only 20 minutes to Midland, offering the peace of the country with excellent connectivity.The location becomes even more compelling when considering Springwater's long-term growth. The Hometown Hillsdale master-planned residential community is planned just south of the property. Whether you're looking to build, create a country retreat, pursue a home based business, or simply secure a substantial piece of land in a growing area, this is an opportunity worth exploring.
Springwater land priced at $789,000 — book a tour to see if it fits your search.
Inside 4896 Penetanguishene Rd
Every detail from the listing, in one place.
Type
Land
Lot size
14.83 x Acres214.83 sq ft
Features & systems
Lot & land
Lot dimensions
14.83 x Acres2
Lot size (sqft)
14.83
Listing & possession
Property class
Vacant Land
4896 Penetanguishene Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S13751014$789,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 4896 Penetanguishene 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
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,876
/mo
based on the purchase price of $789,000
$157,800 cash
$631,200 financed
$531,636 total interest
Principal54%$631,200
Interest46%$531,636
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.
For homeowners nearby
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Book a tour of 4896 Penetanguishene Rd with a licensed buyer's agent
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Zara · AI virtual agent
Ask about 4896 Penetanguishene Rd day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market38Homes sold in about 38 days on average.
Sale-to-list ratio96.8%On average, homes sold below asking.
Active listings232Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with May 1 – Jul 30, 2026: prices up.
Based on 127 sales from Jul 30 – Oct 28, 2026 (70 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 4896 Penetanguishene Rd
How much is 4896 Penetanguishene Rd listed for?
4896 Penetanguishene Rd is listed at $789,000 (MLS® S13751014). Summitly updates the price as soon as the MLS® record changes.
Has the price of 4896 Penetanguishene Rd changed?
No — 4896 Penetanguishene Rd is still listed at its original asking price of $789,000.
How many bedrooms and bathrooms does 4896 Penetanguishene Rd have?
The listing for 4896 Penetanguishene Rd doesn't publish its bedroom and bathroom count. It is a lot in Springwater.
How much would the monthly mortgage be on 4896 Penetanguishene Rd?
About $3,876 a month — principal and interest on $789,000 with 20% down ($157,800), 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 4896 Penetanguishene Rd compare with other homes in Springwater?
Its asking price of $789,000 is about 11% below the median sold price in Springwater over the last 90 days, $889,900, across 127 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 4896 Penetanguishene Rd been sold before?
Summitly has no earlier MLS® sale or lease of 4896 Penetanguishene Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 4896 Penetanguishene Rd?
4896 Penetanguishene Rd is in Springwater, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 4896 Penetanguishene Rd been on the market?
51 days — 4896 Penetanguishene Rd was listed on September 7, 2026.
What is the lot size of 4896 Penetanguishene Rd?
The lot measures 14.83 × Acres2 (17.495 acres), as published in the listing.
What is the land transfer tax on 4896 Penetanguishene Rd?
About $12,255 in Ontario land transfer tax at the asking price of $789,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 4896 Penetanguishene Rd or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 4896 Penetanguishene Rd?
The listing for 4896 Penetanguishene Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Springwater.