$735,000

For sale

4716 Penetanguishene Road, Springwater (Hillsdale) - Single Family for Sale

4716 Penetanguishene Road, Springwater (Hillsdale), Ontario, L0L1V0

8 beds2 baths8 parking130 × 178 ft (23,140 sq ft) lot sizeListed 184 days ago

Overview

This 8-bedroom, 2-bathroom home in Springwater is for sale. Its $735,000 asking price sits right in line with the $749,900 median in Springwater.

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Description

Fantastic Investment Opportunity In Hillsdale Only Minutes From Barrie. Own 2 Fully Self Contained 3 Bedroom Semi Detached Units (Under One Ownership). Excellent Way To Grow Your Equity. Live On One Side And Rent The Other OR Rent Them Both. Close To Schools In A Family Friendly Neighbourhood. Live Free, Generate Income To Off Set Your Mortgage. Have A Beautiful Home With A 2nd Storey Wrap around Deck. Two 3 Bedroom Semi Detached Units, One Nicely Renovated And In Tidy Move In Condition. Separately Metered Heat Hydro and Municiple Water. 2 Large Kitchens With Sliding Glass Doors To Separate Backyard Decks, New Roof 2024, New Deck 2025, New Bath 2024, New Pantry 2026. HWT - Owned 2024. Upgraded Walkways And Beautiful Huge Lot With Breathtaking Views (id:66096)

Property Details

MLS®: S13080392
Property Type: Single Family
Zoning: RES
Bedrooms: 8
Beds (above / below): 6 above · 2 below
Bathrooms: 2
Parking: 8
Lot Size: 130 × 178 ft (23,140 sq ft)
Frontage: 130 ft
Storeys: 2
Basement: Finished, Full, Separate entrance, Walk out, N/A, N/A
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $2,961/yr
Listed: 184 days ago

Rooms

Main level

Living room: 4.11 x 3.61 meters
Dining room: 3.51 x 2.7 meters
Kitchen: 3.35 x 3.05 meters
Kitchen: 6.31 x 2.91 meters
Living room: 5.98 x 3.5 meters

Second level

Primary Bedroom: 4.13 x 3.35 meters
Bedroom 2: 3.95 x 2.65 meters
Bedroom 3: 3.55 x 2.68 meters
Bathroom
Primary Bedroom: 4.12 x 3.41 meters

Features

Appliances: Water Heater
Foundation: Block
Exterior: Vinyl siding
Lot Features: Wooded area, Flat site, Dry, Carpet Free

Services

Water: Municipal water
Sewer: Septic System
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

184d

Springwater (Hillsdale) listings, avg age

96d

List price

$735K

Haho

This 8-bed single family in Springwater (Hillsdale) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX CROSSTOWN REALTY INC. · LAURIE JANE EWART

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0L)

This home lists at $735,000, about 6.9× the local median household income of $106,000.

Carrying it typically needs a household income of about $143,571 (20% down, 25-yr amortization, stress-tested) — roughly 35% above the area median.

Median household income: $106,000
Population: 42,022
Median age: 46.8
Owner / renter: 89% / 11%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L0L)

$735,000

For sale

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Full Cost Breakdown

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Down Payment6.60% · $48,500

Min 6.60%50%

Mortgage payment$3,806/mo

↳ CMHC premium ($27,460 capitalized)

Property tax (est.)$247/mo

Total monthly$4,053

Cash Needed to Close

Down payment (6.60%)$48,500

Land transfer tax$11,175

Est. closing costs$4,705

Total cash needed$64,380

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