$609,000
Springwater
1347 Old Second Road North, Springwater (Hillsdale), Ontario, L0L2K0
This 2-bedroom, 1-bathroom home in Springwater is for sale offering roughly 1,300 sq ft of space. Listed at $609,000, it is attractively priced about 19% below the $749,900 median asking price in Springwater. It has been on the market 75 days, fresher than the Springwater average of 96 days.
A rare opportunity to secure 46 acres of exceptionally private, predominantly forested land in a desirable Springwater location. Set along Old Second Road North and conveniently located near the growing community of Craighurst with easy access to Highway 400, this expansive property offers an increasingly difficult-to-find combination of acreage, natural beauty, privacy and accessibility. Mature woodland blankets much of the property, while picturesque streams and ravine wind through the landscape, creating a peaceful natural setting rich with character. Enjoy hiking, cross-country skiing and ATVing on your own property, and snowmobiling nearby on OFSC trails. An existing 1 1/2-storey residence, together with several outbuildings, offers an opportunity for those with vision to explore renovation, redevelopment or the creation of an entirely new rural retreat, subject to applicable approvals. With generous road frontage, substantial acreage and a location offering convenient access to Barrie, Craighurst and the Highway 400 corridor, the possibilities here are compelling. Whether envisioned as a private country estate, recreational retreat, woodland sanctuary or long-term landholding, this is an opportunity to reimagine an extraordinary piece of rural Springwater. Property and existing structures are being offered in "as is, where is" condition. Buyers to conduct their own due diligence regarding intended use, development potential, zoning, conservation authority requirements and existing services. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 75 days on market, against an average age of 96 days across the listings currently for sale in this city
This 2-bed single family in Springwater (Hillsdale) has been listed for 75 days, which is 21 days fresher than the city average of 96. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $609,000, about 5.7× the local median household income of $106,000.
Carrying it typically needs a household income of about $118,959 (20% down, 25-yr amortization, stress-tested) — roughly 12% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0L)
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Loading rates, 30-yr amortization
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