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Rural ResidentialListed 146 days ago

$2,495,000

1398 Old Second Road N, Springwater, ON L0L 2K0

Rural Springwater · Springwater · L0L 2K0

Listing brokerage: RE/MAX HALLMARK CHAY REALTY

Beds
3
Baths
2
Sq ft
2000–2500
Parking
21
Virtual tour

Monthly costs

Property taxes

$463/mo

$5,554 a year (2025)

The home

Lot size
1360.6 × 2125.6 ft
Style
Sidesplit 3
Basement
Finished, Partial Basement
Parking
21 spots · Attached
Faces
West
Age
51-99 years
Heating · cooling
Forced Air, Central Air
Possession
TBD

About this home

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.

All details25 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing

Interior

Bedrooms
3
Bathrooms
2
Kitchens
1
Rooms
8
Size
2000-2500 sq ft

Features

  • Water Heater Owned

Heating & Cooling

Heat source
Propane

Parking

Covered spaces
1

Features

  • Circular Drive
  • Private Double

Exterior & Lot

Roof
Metal
Foundation
Concrete Block
Pool
Above Ground
Exterior
Stucco (Plaster), Stone
View
Forest, Meadow, Pasture, Trees/Woods

Other structures

  • Aux Residences
  • Barn

Exterior features

  • Deck
  • Landscaped
  • Year Round Living

Utilities

Sewer
Septic

Taxes & Fees

HST
Included In

Listing

MLS® number
S13154524
Type
Rural Residential
Transaction
For Sale
Neighbourhood
Rural Springwater
Cross streets
Old Second and Horseshoe
Co-listing brokerage
RE/MAX HALLMARK CHAY REALTY
Rooms · 14Foyer, Living Room, Kitchen, Dining Room, Sunroom, Primary Bedroom, Bathroom ×2, Bedroom 2, Bedroom 3, Recreation, Utility Room, Washroom ×2
  • Foyer

    Main

    2.36 × 2.02 m · 7′9″ × 6′8″

    Tile Floor

  • Living Room

    Main

    4.59 × 5.75 m · 15′1″ × 18′10″

    Vaulted Ceiling(s)

  • Kitchen

    Main

    2.58 × 5.75 m · 8′6″ × 18′10″

    Laminate, Double Sink, Vaulted Ceiling(s)

  • Dining Room

    Main

    2.47 × 3.60 m · 8′1″ × 11′10″

    Laminate, Skylight

  • Sunroom

    Main

    7.07 × 2.30 m · 23′2″ × 7′7″

    Hardwood Floor, Walk-Out

  • Primary Bedroom

    Second

    5.11 × 6.43 m · 16′9″ × 21′1″

    Hardwood Floor, Walk-In Closet(s)

  • Bathroom

    Second

    3.56 × 6.43 m · 11′8″ × 21′1″

    5 Pc Ensuite, Tile Floor, Sauna

  • Bedroom 2

    Lower

    3.90 × 2.93 m · 12′10″ × 9′7″

    Broadloom

  • Bedroom 3

    Lower

    3.44 × 3.54 m · 11′3″ × 11′7″

    Broadloom

  • Bathroom

    Lower

    2.27 × 3.22 m · 7′5″ × 10′7″

    3 Pc Bath, Tile Floor

  • Recreation

    Basement

    6.77 × 6.67 m · 22′3″ × 21′11″

    Broadloom

  • Utility Room

    Basement

    3.31 × 4.90 m · 10′10″ × 16′1″

  • 5-piece washroom

    Second

  • 3-piece washroom

    Lower

History

Past listings and sales for this home and building.

Location

1398 Old Second Road N, Springwater, ON L0L 2K0 · Near Old Second and Horseshoe

Monthly cost

Estimated monthly cost

$11,510/mo

Mortgage
$11,047
Property tax
$463
Down payment$499,000 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$549,874

$499,000 down + $50,874 to $52,124 in closing costs

Ontario land transfer tax
$48,850
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Property tax adjustment
$274

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$2,495,000

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