4 days on market
$848,000
For Sale

Water Street

Penetanguishene

3 Bed|2 Bath|Yes|4 days on market

$000000

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Home Details

Taxes
$390 / month
Total Parking Spots
4
Garage Spaces
4
Furnished
No
Move-in Date
Min 60 Days
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
Apartment, Finished with Walk-Out
Fireplace
Y
Air Conditioning
Other
Central Vaccum
No
Exterior
Vinyl Siding
Zoning
R2
Sewer
Sewer
Property Type
Residential Freehold
Status
New
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Listing 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....**

Mortgage Calculator

Your estimated monthly payment for 45 Water Street is 4,570

Price

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Rate

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$848,000
Down Payment$169,600
Mortgage Insurance$0
Total Mortgage$678,400

Monthly Payment


Mortgage Payment$4,180
Property Taxes$389
Maintenance Fees$0
Monthly Payment$4,570
$4,570
monthly

About Water Street, Penetanguishene

Located at 45 Water Street , this Penetanguishene house is available for sale. This property was listed for $848,000 on Thu Aug 20 2026. It has 3 bedrooms and 2 bathrooms. The property's amenities include Beach, Golf, Hospital, Lake Access, School, Marina. The property includes the following rooms: . This property comes with 4 parking spots.


MLS#: undefined · $848,000 · 3 bedroom house in Penetanguishene