424 Penetanguishene Road, Springwater

  • Living area: 53 sqft
  • Type: Lots and Land
  • Added: 11 months ago
  • Updated: 2 months ago
  • Last Checked: 1 hour ago
  • Listed by: RE/MAX WEST REALTY INC.

Listing description
This Vacant Lot at 424 Penetanguishene Road Springwater, ON with the MLS Number s11909233 listed by MAAHUM AHMAD - RE/MAX WEST REALTY INC. on the Springwater market 11 months ago at $5,000,000.

Location, Location, Location! Situated at the gateway to the north, this 53-acre property backs onto the Hwy 400 merge/split and fronts Hwy 93, offering unbeatable exposure. Just 500m from Georgian Drive, with quick access to RVH & Georgian College, this property is primed for success. An incredible investment opportunity for development or the perfect place to relocate your business, this property has the potential for over $1 million in sales from five core businesses, operating successfully for 25+ years. Revenue streams include a 9-hole golf course with pristine greens and stunning views, a 9000 sq. ft. clubhouse with turf garages, a practice driving range, a modern bistro restaurant, a grand ballroom and seasonal venue room, and four fully furnished rental suites that can generate over $4,000 in monthly revenue. Beyond its current operations, the property offers exciting development potential with 10 acres for expansion. The current zoning also allows the clubhouse expansion of a hotel with 40+ rooms for accommodation. With the City of Barrie expanding its boundaries, this property is poised to fall within city limits, unlocking unparalleled future growth potential. The current owner is retiring and willing to provide training. Don't miss this rare opportunity to own a prime piece of land with unlimited potential! (id:1945)
Powered by REALTOR.ca
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association
Property Details Key information about 424 Penetanguishene Road
  • Cooling: Fully air conditioned
  • Heating:
    • Forced air
    • Natural gas
Interior Features Discover the interior design and amenities
  • Living Area: 53
Exterior & Lot Features Learn about the exterior and lot specifics of 424 Penetanguishene Road
  • Lot Size Units: acres
  • Lot Size Dimensions: 53
Location & Community Understand the neighborhood and community
  • Directions: Hwy #400 To Hwy #93 South
Utilities & Systems Review utilities and system installations
  • Sewer: Septic System
Tax & Legal Information Get tax and legal details applicable to 424 Penetanguishene Road
  • Tax Annual Amount: 4500
  • Zoning Description: Recreational
Additional Features Explore extra features and benefits
  • List A O R: Toronto
  • List A O R Key: 82

Nearby Listings Stat Estimated price and comparable properties near 424 Penetanguishene Road

Active listings
1
Min Price
$5,000,000
Max Price
$5,000,000
Avg Price
$5,000,000
Days on Market
356 days
Sold listings
1
Min Sold Price
$5,000,000
Max Sold Price
$5,000,000
Avg Sold Price
$5,000,000
Days until Sold
2415 days

Nearby Places Nearby schools and amenities around 424 Penetanguishene Road

Georgian College - Barrie Campus (2 km)
1 Georgian Dr, Barrie

Eastview Secondary School (2.2 km)
421 Grove St E, Barrie

St. Joseph's Catholic High School (3.2 km)
243 Cundles Rd E, Barrie

Barrie North Collegiate Institute (4.2 km)
Barrie

Royal Victoria Hospital (1.5 km)
201 Georgian Dr, Barrie

Chappell Farms (1.7 km)
617 Penetanguishene Rd, Barrie

Pizza Hut (2.7 km)
8 Fairview Rd, Barrie

Simcoe Muskoka Catholic District School Board (3 km)
46 Alliance Blvd, Barrie

Barrie (Hub) (4.5 km)
81 Mulcaster St, Barrie

Fancy's Fish & Chips & Seafood Restaurant (3.5 km)
5 Bell Farm Rd, Barrie

Chaopaya Thai Restaurant (4.6 km)
168 Dunlop St E, Barrie

Shirley's Bayside Grille (4.7 km)
150 Dunlop St E #102, Barrie

Price History

January 6, 2025
by RE/MAX WEST REALTY INC.
$5,000,000
424 Penetanguishene Road
More Details?
  • MAAHUM AHMAD
  • RE/MAX WEST REALTY INC.
  • 905-607-2000

Similar Vacant Land For Sale

Comparison of 424 Penetanguishene Road, Springwater, ON with Nearby Vacant Land
Nearby Cities Listings Avg. price
Grey Highlands Real Estate 88 $1,210,578
Blue Mountains Real Estate 181 $1,834,239
Meaford Real Estate 79 $1,089,213
Collingwood Real Estate 221 $924,628
Midland Real Estate 112 $790,848
Wasaga Beach Real Estate 232 $769,584
Popular Cities Listings Avg. price
Barrie Real Estate 482 $865,899
Brampton Real Estate 1079 $1,145,957
Vaughan Real Estate 719 $1,498,990
Guelph Real Estate 398 $863,183
Richmond Hill Real Estate 465 $1,755,815
Waterloo Real Estate 425 $798,670