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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 48 days

    5766 Penetanguishene Highway

    Rural Springwater·Springwater, ON·L0L 1P0·Near North Orr Lake Road

    • < 700 sqft
    Springwater real estate›S13075354
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Client Remks: Great opportunity to build on premium .65 acre lot with 98 foot frontage on Penetanguishene Service Road (off of Hwy 93) & N Orr Lake Road in coveted family friendly community. Located near a golf course. Lake access for fishing and swimming. Close proximity to Wasaga Beach and Mt. St. Louis Moonstone Ski Hills. The property is not directly on Hwy 93,but is visible from there and accessible via a quiet service road with only a few homes. This building lot has been graded and has gated entrances from one onto North Orr Lake Road and one onto the Service Road. Lot has received approvals from municipality and NVCA for a 3000 SF Home Plus 1200 SF garage, but those permits are not transferrable to a new owner. Buyer to do their own due diligence and must resubmit all plans for approval for new building permit(s). Great opportunity to build on premium 65 acre lot with 98 foot frontage on Penetanguishene Service Road (off of Hwy 93) & N Orr Lake Road in coveted family friendly community. Located near a golf course. Lake access for fishing and swimming. Close proximity to Wasaga Beach and Mt. St. Louis Moonstone Ski Hills. The property is not directly on Hwy 93 but is visible from there and accessible via a quiet service road with only a few homes. This building lot has been graded and has gated entrances from one onto North Orr Lake Road and one onto the Service Road. Lot has received approvals from municipality and NVCA for a 3000 SF Home Plus 1200 SF garage, but those permits are not transferrable to a new owner. Buyer to do their own due diligence and must resubmit all plans for approval for new building permit(s) The Buyer and Seller acknowledge and agree that all development charges and fees related to the improvement of the lot are not included in the Purchase Price and will be paid by the Buyer when he applies to build.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    May 3, 2026ListedCurrentFor sale$319,000 —S13075354This page
    Apr 25, 2025Previously listedExp$329,000 —S12103691View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Water source
      None
      Sewer
      None
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 5766 Penetanguishene Highway
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $1,567
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $64
    0.24% mill rate · ON
    The market

    How this home sits in the Springwater market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Springwater market right now

    Average sold price, days on market, and closed-transaction count for Springwater — sourced from MLS®.

    • Avg sold price
      $1,018,280
      Last 30 days
    • Median sold price
      $925,000
      Middle of the market
    • Days on market
      41 d
      Avg from list to close
    • Closed last 30d
      73
      MLS® transactions
    Full Springwater market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 5766 Penetanguishene Highway — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 5766 Penetanguishene Highway and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 5766 Penetanguishene Highway listed for?

      5766 Penetanguishene Highway is listed at $319,000 on the MLS® (listing S13075354). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 5766 Penetanguishene Highway have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. Vacant Land
  2. Not Applicable ac lot
  3. Asking
    $319,000
    $456 / sqft · MLS® S13075354
    Chat Zara
    5766 Penetanguishene Highway — photo 3
  4. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,018,280
    $936,818Confidence range$1,099,742
    Asking vs estimate
    ↓below
    −$699,280
    (-68.7%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Springwater sell in about 41 days — this one has been listed 48 days.

    Avg sold price
    $1,018,280
    Median sold
    $925,000
    Avg days on market
    41
    Recently sold
    73
    See comparable sales
    AI highlights by Zara
    • Client Remks: Great opportunity to build on premium .65 acre lot with 98 foot frontage on Penetanguishene Service Road (off of Hwy 93) & N Orr Lake Road in coveted family friendly community.
    • This building lot has been graded and has gated entrances from one onto North Orr Lake Road and one onto the Service Road.
    • Lot has received approvals from municipality and NVCA for a 3000 SF Home Plus 1200 SF garage, but those permits are not transferrable to a new owner.
    • Great opportunity to build on premium 65 acre lot with 98 foot frontage on Penetanguishene Service Road (off of Hwy 93) & N Orr Lake Road in coveted family friendly community.
    Ask Zara a follow-up

    Interior

    1
    Accessibility
    N
  5. Exterior & construction

    2
    Exterior
    Other
    Pool
    None
  6. Listing & possession

    3
    Occupancy
    Flexable
    Property style
    Other
    Property class
    Vacant Land
  7. Combined estimate
    $1,631
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $1,567
    /mo
    based on the purchase price of $319,000
    $63,800 cash
    $255,200 financed
    $214,945 total interest
    Monthly payment$1,567/ month
    Principal54%$255,200
    Interest46%$214,945

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

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable vacant lands that just sold in Springwater

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 1912 South Orr Lake Road
      Sold
      Sign in for price
      1912 South Orr Lake Road
      Vacant Land
    • 2322 N Orr Lake Road
      Sold
      Sign in for price
      2322 N Orr Lake Road
      Vacant Land
    • 10 Noraline Avenue
      Sold
      Sign in for price
      10 Noraline Avenue
      Vacant Land
    • 508 ANNE Street
      Sold
      Sign in for price
      508 ANNE Street
      Vacant Land
    • 3356 Flos Four Road
      Sold
      Sign in for price
      3356 Flos Four Road
      Vacant Land
    • 9 Houden Street
      Sold
      Sign in for price
      9 Houden Street
      Vacant Land
    AddressBd / BaSqftSold$/sqft% of askSold
    5766 Penetanguishene HighwayThis home0 / 0700$319,000ask$456——
    1912 South Orr Lake Road0 / 0——
    2322 N Orr Lake Road0 / 0700—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More vacant lands in Springwater

    Active listings within ±20% of this asking price.

    • 1083 CARSON Road
      $380,000
      1083 CARSON Road
      Vacant Land
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  8. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  9. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  10. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  11. Public listing courtesy of RE/MAX GEORGIAN BAY REALTY LTD. · displayed on Summitly per MLS® data-share rules

    5766 Penetanguishene Highway is a < 700 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  12. When was 5766 Penetanguishene Highway built?

    The year built for 5766 Penetanguishene Highway isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  13. What is the property tax for 5766 Penetanguishene Highway?

    The 'Property tax' tab in the History section shows the most recent annual tax for 5766 Penetanguishene Highway plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  14. How much would the monthly mortgage be on 5766 Penetanguishene Highway?

    The affordability calculator on this page shows an estimated monthly mortgage for $319,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  15. Has 5766 Penetanguishene Highway been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 5766 Penetanguishene Highway with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  16. What neighbourhood is 5766 Penetanguishene Highway in?

    5766 Penetanguishene Highway is in Rural Springwater, Springwater. The 'Neighbourhood' section below links to the live Springwater real estate hub with average sold price, days on market, and current inventory.

  17. Is Springwater a good place to live?

    Springwater is one of ON's actively-tracked Summitly markets. The full Springwater real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  18. 10 Noraline Avenue
    0 / 0
    —
    —
    508 ANNE Street0 / 0——
    3356 Flos Four Road0 / 0——
    9 Houden Street0 / 0——