45 Water Street Penetanguishene, Ontario L9M 1M8
$874,900
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...** (id:61852)
Property Details
| MLS® Number | S13120684 |
| Property Type | Single Family |
| Community Name | Penetanguishene |
| AmenitiesNearBy | Beach, Golf Nearby, Hospital, Schools, Marina |
| Features | Irregular Lot Size, Carpet Free, In-law Suite |
| ParkingSpaceTotal | 4 |
| Structure | Shed |
| ViewType | Direct Water View, Unobstructed Water View |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 2 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 3 |
| Amenities | Fireplace(s), Separate Electricity Meters |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| ArchitecturalStyle | Raised Bungalow |
| BasementDevelopment | Finished |
| BasementFeatures | Apartment In Basement, Walk Out, Separate Entrance |
| BasementType | N/a, N/a (finished), N/a, Full |
| ConstructionStyleAttachment | Detached |
| ExteriorFinish | Vinyl Siding |
| FireplacePresent | Yes |
| FireplaceTotal | 1 |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air, Heat Pump |
| StoriesTotal | 1 |
| SizeInterior | 700 - 1100 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| FenceType | Fully Fenced |
| LandAmenities | Beach, Golf Nearby, Hospital, Schools, Marina |
| Sewer | Sanitary Sewer |
| SizeDepth | 75 Ft |
| SizeFrontage | 59 Ft ,8 In |
| SizeIrregular | 59.7 X 75 Ft |
| SizeTotalText | 59.7 X 75 Ft|under 1/2 Acre |
| ZoningDescription | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Laundry Room | 1.06 m | 7.11 m | 1.06 m x 7.11 m |
| Lower Level | Foyer | 1.1 m | 2 m | 1.1 m x 2 m |
| Lower Level | Kitchen | 5.2 m | 2.77 m | 5.2 m x 2.77 m |
| Lower Level | Family Room | 3.1 m | 6.37 m | 3.1 m x 6.37 m |
| Lower Level | Bedroom | 3.32 m | 3.5 m | 3.32 m x 3.5 m |
| Lower Level | Bathroom | 2.46 m | 3.29 m | 2.46 m x 3.29 m |
| Main Level | Kitchen | 3.7 m | 5.7 m | 3.7 m x 5.7 m |
| Main Level | Living Room | 3.3 m | 4.3 m | 3.3 m x 4.3 m |
| Main Level | Bedroom | 3.8 m | 3.5 m | 3.8 m x 3.5 m |
| Main Level | Bedroom | 2.7 m | 3.5 m | 2.7 m x 3.5 m |
| Main Level | Bathroom | 2.2 m | 2.2 m | 2.2 m x 2.2 m |
| Main Level | Foyer | 1.85 m | 3.47 m | 1.85 m x 3.47 m |
Utilities
| Wireless | Available |
https://www.realtor.ca/real-estate/29744167/45-water-street-penetanguishene-penetanguishene
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Scott Mcguire
Salesperson
5100-333 Bay St
Toronto, Ontario M5H 2R2
Danielle Mcguire
Salesperson
5100-333 Bay Street
Toronto, Ontario M5H 2R2
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May 24 2026 11:35:08
Toronto Real Estate Board
Lpt Realty