105 Mill Street E, Springwater, ON L0L 1V0
$5,990,000
$5,990,000
MLS®#:
S12935204
Property Type:
Land
Property Style:
Area:
Simcoe
Community:
Hillsdale
Taxes:
$2,000 / 2025
Added:
March 30 2026
Lot Frontage:
0
Lot Depth:
0
Status:
Active
Outside:
Year Built:
Brokerage:
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Lot Irregularities:
~138 Acres; Irregular Lots
Intersection:
Mill St & Penetanguishene Rd
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Heating Type:
Heating Fuel:

Listing Details

The site is composed of three parcels within the Springwater Simcoe Hillsdale Secondary Plan designatedas Residential Land, identified as a Major Area in Springwater's Urban Settlement Areas. The three parcels constitute a cumulative 138.5 acres, with approximately 57 usable acres. ~70 acres of the parcel are currently being farmed. Current Secondary Plan allows 0.5 acre lot based on 100' of frontage Potential to develop up to 132 lots under current policy There is an approved proposal for a sewage treatment plant to be built by the landowners to the North of the site, creating an opportunity for increased density and to tap into future sewage infrastructure Provincial forecasts note that Simcoe County's population is expected to grow by 194,000 people by 2051, almost quadrupling in size.

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Insights

  1. Significant Development Potential: The property consists of 138.5 acres, with the potential to develop up to 132 residential lots, making it an attractive investment for developers looking to capitalize on the growing demand for housing in the area.
  2. Population Growth Forecast: Simcoe County is projected to experience substantial population growth, with an increase of 194,000 people by 2051. This demographic trend suggests a rising demand for residential properties, enhancing the investment's long-term value.
  3. Infrastructure Improvements: The approved proposal for a sewage treatment plant nearby will facilitate increased density and improve the site's infrastructure, making it more appealing for future development and potentially increasing property value.

Neighborhood Overview

Complete neighborhood profile for 105 Mill Street E

Hillsdale home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Hillsdale
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)