Gurvinder Nokwal REALTOR®
For Sale Rural Residential 150 days on market

$2,495,000

Est. payment $11,047/moCalculate yours

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

Rural Springwater, Springwater, ON L0L 2K0

  • 3 Beds
  • 2 Baths
  • 1 Garage
  • 2,000 Sq Ft

Listing courtesy of RE/MAX HALLMARK CHAY REALTY MLS® S13154524

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.

Property details

Overview

Property Type
Rural Residential
Style
Sidesplit 3
For
For Sale
Status
New
Approximate Age
51-99
Size
2,000 sqft

Interior

Bedrooms
3
Bathrooms
2
Kitchens
1
Basement
Finished, Partial Basement

Building & Systems

Heating
Forced Air (Propane)
Cooling
Central Air
Exterior
Stucco (Plaster), Stone
Foundation
Concrete Block
Roof
Metal
Water
Well
Sewer
Septic

Lot & Parking

Lot Size
1360.55 x 2125.6 Feet
Parking
Attached garage · 21 total
Zoning
A-1 & EP

Financial

Property Taxes
$5,554 (2025)

Location

Neighbourhood
Rural Springwater
Cross Street
Old Second and Horseshoe
Direction Faces
West

Listing

MLS® Number
S13154524
Days on Market
150
Listed On
2026-05-21
Possession
TBD
Listed By
RE/MAX HALLMARK CHAY REALTY

Rooms

Room Level Dimensions
Utility Room Basement 10′ 10″ × 16′ 1″
Sunroom Main 23′ 2″ × 7′ 7″
Living Room Main 15′ 1″ × 18′ 10″
Bathroom Lower 7′ 5″ × 10′ 7″
Primary Bedroom Second 16′ 9″ × 21′ 1″
Bathroom Second 11′ 8″ × 21′ 1″
Dining Room Main 8′ 1″ × 11′ 10″
Bedroom 3 Lower 11′ 3″ × 11′ 7″
Kitchen Main 8′ 6″ × 18′ 10″
Recreation Basement 22′ 3″ × 21′ 11″
Foyer Main 7′ 9″ × 6′ 8″
Bedroom 2 Lower 12′ 10″ × 9′ 7″

Features

Interior

  • Water Heater Owned

Property

  • Greenbelt/Conservation
  • Part Cleared
  • Level
  • School Bus Route
  • Wooded/Treed

Pool

  • Above Ground
Included
Refrigerator, Stove, Cooktop, Dishwasher, Freezer, Washer, Dryer + 2 dwelling Refrigerator, Stove, Dishwasher, Washer, Dryer
Excluded
Personal and decor items. Lifts in shop.
Rental items
NONE

Mortgage calculator

Minimum for this price: $499,000 (20%)

Amortization, years

Estimated mortgage payment

$11,047 per month

Principal and interest
$11,047
Property tax
$463
Estimated monthly cost
$11,510

Your mortgage

Mortgage amount
$1,996,000
Mortgage insurance
Not needed
Interest over 25 years
$1,318,196

Cash to close

Down payment
$499,000
Land transfer tax
$48,850
Total, before legal fees
$547,850
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

1398 Old Second Road N, Springwater, ON L0L 2K0 Rural Springwater, Springwater, ON L0L 2K0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$2,495,000 1398 Old Second Road N, Springwater, ON L0L 2K0
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