$498,000
For sale: Detached

Welcome to your turnkey waterfront escape on spring fed Orr Lake, just one hour north of Toronto. This tastefully renovated 2 Bedroom cottage is where modern comforts meets affordable lake life, all wrapped in a setting that feels like summer stretches a little longer here. Set on a year-round municipally maintained road with municipal waste collection, this is an easy, all season getaway without the usual cottage travel time & hassle. Arrive, drop your bags, and you are already halfway to the dock. The shoreline here is made for unhurried days. Clean, soft-bottom entry and gentle sloping make it ideal for swimming, with kids and adults alike able to wade out far from shore before you can't touch the bottom. Mornings invite swims that start before coffee finishes cooling. Afternoons lean into boating, watersports, floating, and unhurried hours on the dock. And for those who like a rod in hand, Orr Lake is known as a strong bass fishing lake, offering plenty of action just off the shoreline. Inside, the cottage was completely updated in 2017/2018 with durable metal roof, board-and-batten wooden siding, windows, electrical, plumbing, insulation, and vinyl flooring. The open concept living space is bright and relaxed, anchored by a large picture window that pulls the South-facing lake views right into the room. You almost feel like you're on a boat because the lake looks so close. A modern kitchen with stainless steel appliances keeps the family chef happy, while the 3-piece tiled bathroom adds a clean, contemporary touch. Comfort and convenience is covered with electric baseboard heating, an owned hot water tank, and a private double-wide driveway with parking for four or more vehicles. When you feel like exploring beyond the shoreline, you are just 15 minutes from Horseshoe Valley Resort, 20 minutes from Wasaga Beach, and surrounded by six golf courses within 10 kilometres. Ski in winter, swim in summer, golf in between, repeat as needed.
Sold data
Detached homes in Springwater took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 49, across 78 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.
The median sale price was $964,445.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 78 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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