45 Water Street, Penetanguishene, ON L9M 1M8
$874,900
$874,900

45 Water Street

Penetanguishene, Penetanguishene, Simcoe $874,900

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3 Beds
2 Baths
700-1100 sqft
Parking for 4
East Facing
Zoning: R2
MLS®#:
S13120684
Property Type:
Detached
Property Style:
Bungalow-Raised
Area:
Simcoe
Community:
Penetanguishene
Taxes:
$4,672 / 2025
Added:
May 13 2026
Lot Frontage:
59.7
Lot Depth:
75
Status:
Active
Outside:
Vinyl Siding
Year Built:
Basement:
Apartment,Finished with Walk-Out,Separate Entrance,Full
Brokerage:
LPT REALTY
Lot :

75

59

Intersection:
Main & Water St
Rooms:
Bedrooms:
3
Bathrooms:
2
Fireplace:
Utilities
Water:
Municipal
Cooling:
Other
Heating Type:
Forced Air
Heating Fuel:
Kitchen 3.7 x 5.7m
Eat-in Kitchen , W/O To Sundeck
Main Level
Living Room 3.3 x 4.3m

Main Level
Bedroom 3.8 x 3.5m

Main Level
Bedroom 2.7 x 3.5m

Main Level
Bathroom 2.2 x 2.2m
4 Pc Bath
Main Level
Foyer 1.85 x 3.47m
B/I Shelves
Main Level
Kitchen 5.2 x 2.77m
Eat-in Kitchen , W/O To Patio
Lower Level
Family Room 3.1 x 6.37m
Gas Fireplace , Murphy Bed
Lower Level
Bedroom 3.32 x 3.5m

Lower Level
Bathroom 2.46 x 3.29m
4 Pc Bath
Lower Level
Laundry 1.06 x 7.11m

Lower Level
Foyer 1.1 x 2m

Lower Level

Listing Details

Luxury Waterview, 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...**

Fridge, Stove, Washer, Dryer, Built-In Cupboards.

Insights

  1. Stunning Waterfront Views: This property offers breathtaking panoramic views of Georgian Bay, providing a serene and picturesque living environment that enhances the overall appeal and value of the home.
  2. Legal Duplex with Income Potential: The thoughtfully designed duplex features two self-contained residences, making it an ideal investment opportunity for generating rental income or for owner-occupants looking to offset living expenses.
  3. Prime Location: Situated in the heart of historic Penetanguishene, the property is just steps away from downtown boutiques, dining, marinas, and recreational trails, offering a vibrant lifestyle and easy access to regional amenities.

Property Features

Beach
Golf
Hospital
Lake Access
School
Marina

Sale/Lease History of 45 Water Street

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Neighborhood Overview

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Penetanguishene home prices

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Insights for 45 Water Street

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)