4570 Penetanguishene RD, Springwater, ON L0L 1V0
4570 Penetanguishene RD, Springwater, ON L0L 1V0
4570 Penetanguishene RD, Springwater, ON L0L 1V0
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$1,150,000
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4,600 SqFt
Active

4570 Penetanguishene RD Springwater, ON L0L 1V0

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Kenneth Yim

Kenneth Yim

+1(416) 906-0080

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,600 sqft

Price per Sqft $250

Subdivision Hillsdale

MLS Listing ID S12094014

Annual Tax Amount $5,062

Tax Year 2025

Property Sub-Type Commercial Retail

Lot Depth 164.7

Lot Front 66.0

Property Description

Excellent Investment Property. Annual income potential $130,000. Three Commercial Units On Main plus Two Residential 2 Bedroom Units On Upper Floor (Stores connect to apartments above for perfect live above work opportunity). Tenants Pay TMI and Utilities, Ample Parking for 15 vehicles, Access from busy Penetanguishene Road and also From Martin Street. Roof Updated Approximately 10 Years Ago, Some Windows Replaced, Kitchen upgraded, Furnace Replaced In 2018 (Rental). Large backyard with BBQ and picnic table and space can be fenced. Room to build a shed. Building Approximately 4,600 Square Feet. Conveniently located 2 minutes drive from Highway 400 and exit 121. Minutes to Horseshoe Value, Mount St Louis Moonstone Resort, and other ski resorts. A short drive to Awenda, Muskoka, Orr Lake, Georgian Bay Islands, Balm Beach, Midland, Penetanguishene, Innisfil, Barrie, Elmvale, Orillia, Wasaga, Lake Simcoe, 1-hr from Toronto, and more. Currently 2/3 commercial units are leased and both apartments are leased. Total 5 units in the building (3 commercial plus 2 apartments above). Building appraised for 1.2 million in December 2025.

Location

Province ON

County Simcoe

Area Simcoe

Interior

Heating Yes

Cooling No

Exterior

Utilities Available Available

Lot Frontage 66.0

Lot Depth 164.7

Others

Security Features No

ParcelsYN No

Listed by COLDWELL BANKER THE REAL ESTATE CENTRE

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Kenneth Yim

Kenneth Yim

Broker of Record License ID: 9524831

+1(416) 906-0080

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4570 Penetanguishene RD

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