For Sale

424 Penetanguishene Road, Springwater, Ontario L4K 4Y8

$5,500,000

424 Penetanguishene Road, Springwater, Ontario L4K 4Y8 is For Sale and has a listing price of 5,500,000. The property is located in the Springwater neighbourhood . It's been on the website for 276 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, Jan 1st, 2026 the Province has approved the city expansion boundary. Stunning 53 acres with beautiful parklands & scenic fairways views. This property backs onto the super tourism Hwy 400 at the merge/split gateway to the north and fronts Hwy 93, offering unbeatable exposure. Just 500m from Georgian Drive, with quick access to RVH & Georgian College, the future of Barrie is here with an incredible investment opportunity for big development or the perfect place to relocate your business. Currently, 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, the modern clubhouse sits on 2 acre commercial with 9000 sq. ft. including turf garages. The 8 acre practice driving range is a field of expansive greenery, a modern bistro for 40 guests, the grand ballroom with golf views that can be expanded to 250 guests, a seasonal venue room with a golf view for 150 guests, 4 rental suites that can generate over $4,000 in monthly revenue. The property offers development potential on 10+ acres. 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
  • MLS ID: S11909233
  • Price: $5,500,000
  • Lot Depth: 1432.19
  • Transaction Types: For Sale
  • Ref ID: S11909233
  • Year Built: N/A
  • Dir / Cross St: Hwy #400 To Hwy #93 South
  • Status: Active
  • Tax Year: 2024
  • Property Type: Land
  • Property Type: Commercial
  • 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
  • $1,258,912 Average List Price
    based on 1 year
  • 106 New Listings
    based on 30 days
  • 110 Median Days on Market
    based on 1 year
  • List vs. Selling Price 213.55 % Up
  • Sold (12mo) 245
  • Rented (12mo) 55

  • 1 Month Change -
  • 3 Month Change -35.7%
  • 6 Month Change -
Walkscore
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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