$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
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
Estimated mortgage payment
$11,047 per month
- Principal and interest
- $11,047
- Property tax
- $463
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $547,850
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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