Top 5 Reasons You Will Love This Home: 1) Prime waterfront location on Orr Lake with a 1,673 square foot 2-storey home plus a fully detached 645 square foot cottage facing the water, with quick closing available 2) The home has an open-concept layout complete with a primary bedroom and full bathroom and presents a beautiful family room overlooking the water with a soaring cathedral ceiling and a gas fireplace, a kitchen, a dining area, and deck access with stairs located off the deck which lead to a fenced-in area perfect for children or pets 3) The main level hosts two bedrooms, a sitting area, a convenient laundry room finished with a powder room, and the added benefit of an artesian well providing the cleanest drinking water 4) Turn-key fully furnished cottage with a gas fireplace, two bedrooms, one bathroom, a living room, a kitchen, and a sunroom, great for guests 5) Set on just under half an acre, this property boasts plenty of parking and is located close to skiing, golfing, boating, kayaking, and water sports, with easy access to Highway 400 and just 15 minutes to Midland and Orillia, with the added convenience of a shared driveway and shared sand point well.
3 bedrooms, 1 bathroom, about 1,500 sq ft, works out to roughly $500 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 5632 Penetanguishene Rd
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
6 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
6
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
5632 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® S13504270$749,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5632 Penetanguishene Rd Compares to the Springwater Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$3,684
/mo
based on the purchase price of $749,900
$149,980 cash
$599,920 financed
$505,290 total interest
Principal54%$599,920
Interest46%$505,290
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
Own a home on Penetanguishene Road? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 5632 Penetanguishene Rd with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 5632 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.
A licensed local agent
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.
Similar homes for sale nearby in Springwater
Other 3–6 bed homes for sale in Springwater around $750K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings234Homes for sale here right now.
Median vs prior 90 days+2.3%Compared with Apr 28 – Jul 27, 2026: prices up.
Based on 128 sales from Jul 27 – Oct 25, 2026 (78 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 5632 Penetanguishene Rd
How much is 5632 Penetanguishene Rd listed for?
5632 Penetanguishene Rd is listed at $749,900 (MLS® S13504270). Summitly updates the price as soon as the MLS® record changes.
Is $749,900 a good price for 5632 Penetanguishene Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 5632 Penetanguishene Rd changed?
No — 5632 Penetanguishene Rd is still listed at its original asking price of $749,900.
How many bedrooms and bathrooms does 5632 Penetanguishene Rd have?
5632 Penetanguishene Rd has 3 bedrooms and 1 bathroom, with about 1,500–2,000 square feet of living space. It is a detached home in Springwater.
How much would the monthly mortgage be on 5632 Penetanguishene Rd?
About $3,684 a month — principal and interest on $749,900 with 20% down ($149,980), 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 5632 Penetanguishene Rd compare with other homes in Springwater?
Its asking price of $749,900 is about 16% below the median sold price in Springwater over the last 90 days, $889,950, across 128 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 5632 Penetanguishene Rd been sold before?
Summitly has no earlier MLS® sale or lease of 5632 Penetanguishene Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5632 Penetanguishene Rd?
5632 Penetanguishene Rd is in Springwater, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5632 Penetanguishene Rd been on the market?
117 days — 5632 Penetanguishene Rd was listed on June 30, 2026.
What is the price per square foot of 5632 Penetanguishene Rd?
About $375 to $500 per square foot: the asking price of $749,900 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 5632 Penetanguishene Rd have parking or a garage?
Yes — the listing gives 6 parking spaces.
Does 5632 Penetanguishene Rd have a basement, and is it finished?
The listing says 5632 Penetanguishene Rd has no basement.