$2,495,000
Springwater
1398 Old Second Road North, Springwater, Ontario, L0L2K0
This 3-bedroom, 2-bathroom home in Springwater is for sale.
Discover an extraordinary 78-acre equestrian estate in the heart of Springwater Township, perfectly positioned just minutes from Highway 400 for convenient access to the GTA, Pearson Airport, Georgian Bay, Lake Simcoe, Muskoka, Barrie, Orillia, Midland, and the Blue Mountains. Offering over 1,300 feet of frontage, three driveways, and abutting an unopened road allowance along the north boundary, this remarkable property presents exceptional versatility for equestrian enthusiasts, multigenerational living, home-based businesses, income potential, and possible future severance opportunities. The primary residence offers a warm and inviting layout featuring vaulted ceilings, skylights, an open-concept kitchen, living and dining area, 3 bedrooms, and 2 full bathrooms. The expansive primary suite includes a spa-inspired ensuite complete with a jetted tub and sauna. A finished lower level provides additional flexible living space ideal for a family room, gym, or games area. Step outside to an impressive wraparound deck overlooking the above-ground pool, pond, and sweeping countryside views. Equestrians will appreciate the impressive 40' x 260' barn equipped with 8 stalls, heated tack room, multiple paddocks, a 5/8-mile track, and approximately 10 miles of scenic trails winding throughout the property. A heated 24' x 26' studio/flex space offers endless possibilities, while the heated 30' x 50' detached shop with two hoists is perfect for hobbyists, contractors, or equipment storage. Adding even more value is a separate 2-bedroom, 1-bath secondary dwelling complete with its own well, septic, and driveway - ideal for extended family, staff accommodations, or rental income. With year-round recreation including skiing, snowmobiling, boating, golfing, dirt biking, horseback riding, and hiking at your doorstep, this is a rare opportunity to own a true four-season lifestyle property. Forest management plan currently in place for reduced property taxes. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 167 days on market, against an average age of 77 days across the listings currently for sale in this city
This 3-bed single family in Springwater is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,495,000, about 23.5× the local median household income of $106,000.
Carrying it typically needs a household income of about $487,361 (20% down, 25-yr amortization, stress-tested) — roughly 360% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0L)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.