$848,000
 $4,552 est/mo Sourced by Back At You

45 Water Street,Penetanguishene, ON L9M 1M8

Penetanguishene, ON L9M 1M8

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Description

Luxury Water View, Legal Duplex, Prime Investment Opportunity! Discover Refined Waterfront Living And Exceptional Income Potential In The Heart Of Historic Penetang. This Stunning Duplex At 45 Water Street Offers Panoramic Views Of Georgian Bay, Blending Timeless Charm With Modern Comfort. Property Highlights - Breathtaking Water Views: Wake Up To Sparkling Bay Vistas From Spacious, Sun-Filled Principal Rooms And Private Outdoor Living Areas. Amazing Indoor/ Outdoor Flow Opening Onto Decks And Patios. Thoughtfully Designed Duplex: Two Self-Contained Residences, Each Featuring Generous Living Space, Updated Kitchens, And Stylish Finishes Throughout. Turn-Key Investment: Strong Rental Demand In A Sought-After Waterfront Location; Ideal For Investors Seeking Reliable Income Or Owner-Occupants Looking To Offset Expenses. Premium Location: Steps To Downtown Boutiques, Dining, Marinas, And The Scenic Penetanguishene Waterfront Trail. Minutes To Regional Amenities And Year-Round Recreation. Features - Open-Concept Layouts With Abundant Natural Light, Private Balconies/Patios Overlooking The Water, In-Suite Laundry (Both Units) And Dedicated Parking, Low-Maintenance Landscaping. Why Penetanguishene? A Vibrant Harbour Town With A Rich Maritime Heritage, Penetanguishene Offers An Unparalleled Lifestyle, Boating, Beaches, And Small-Town Warmth, All Within Easy Reach Of The GTA. An Exceptional Opportunity For Discerning Buyers And Investors. Experience Waterfront Luxury And Proven Income In One Remarkable Property. **This Property Has Been Extensively Renovated Including New Roof, Upgraded Insulation, Kitchen, Engineered Floors, Built In Cupboards, Custom Blinds, Heat Pumps For Both Units (AC), Front Porch, Bathrooms, Appliances, Etc....**

Details

MLS #S13694756
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusNew
Year0
Days On Site21
Listing Provided ByLPT REALTY | S13694756 20006800

Features

Bed(s)3
Bath(s)2
BasementY
Acreage0.10

Interior

Interior FeaturesAccessory Apartment, Carpet Free, In-Law Suite, Separate Hydro Meter
Cooling Yes / NoNo
CoolingOther
Heat SourceGas
Fireplace FeaturesNatural Gas
Fireplace Yes / NoYes
Rooms Total12

Exterior

RoofAsphalt Shingle
Foundation DetailsConcrete
Water ViewDirect, Unobstructive
Construction MaterialsVinyl Siding

Parking

Garage Yes / NoNo
Parking FeaturesPrivate Triple

Utilities

SewerSewer

Taxes

Tax Annual Amount4672
Tax Legal DescriptionPART LOT 20 N/S WATER ST PL 9 PENETANGUISHENE AND PART WATER ST PLAN 9 PENETANGUISHENE (CLOSED BY RO442115) AS IN RO1157366 AND PART 3, PLAN 51R26695; PENETANGUISHENE
Tax Year2025

Area Information

ProvinceON
CountySimcoe
CityPenetanguishene
Postal CodeL9M 1M8
AreaPenetanguishene
Listing VS Median (in L9M 1M8)
Price:
$848,000
low | high
Med:
$0
On site:
21
low | high
Med:
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountySimcoe
CityPenetanguishene
Postal CodeL9M 1M8
AreaPenetanguishene
Listing VS Median (in L9M 1M8)
Price:
$848,000
low | high
Med:
$0
On site:
21
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $636K - $1.6M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
24 Owen Street Property Photo 1
$510,000
24 Owen Street
Penetanguishene, ON L9M 1M8
Listing Updated: August 20, 2026 at 7:53:17 AM PDT