For Sale

424 Penetanguishene Road, Springwater, Ontario L4K 4Y8

$5,000,000

424 Penetanguishene Road, Springwater, Ontario L4K 4Y8 is For Sale and has a listing price of 5,000,000. The property is located in the Springwater neighbourhood . It's been on the website for 257 Days.

  • Land
    Property Type
  • MLS ID: S11909233
  • Office Name RE/MAX WEST REALTY INC.
Property Description

Location, Location, Location! Welcome to the City of Barrie 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. 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!

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: S11909233
  • Price: $5,000,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 1432.19
  • Ref ID: S11909233
  • Dir / Cross St: Hwy #400 To Hwy #93 South
  • Status: Active
  • Tax Year: 2024
  • Property Type: Land
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
01/06/2025 S11909233 $5,000,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Springwater
  • $1,262,492 Average List Price
    based on 1 year
  • 62 New Listings
    based on 30 days
  • 108 Median Days on Market
    based on 1 year
  • List vs. Selling Price 213.22 % Up
  • Sold (12mo) 249
  • Rented (12mo) 56

  • 1 Month Change -
  • 3 Month Change -35.7%
  • 6 Month Change -
Walkscore
  • 15 Walk Score
    Car-Dependent
  • 16 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Outside/surface
  • Taxes: $4,500
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 06/01/2025 18:46:56
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