NewFor Sale

45 Water Street
Penetanguishene, Simcoe, ON, L9M 1M8

Detached
TRREB
MLS® Number: S13694756

LPT REALTY

Listing brokerage
Estimated Value
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$848,000List Price
2+1Bedrooms
2Bathrooms
0Garages
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Listing History

Buy/sell history for 45 Water Street, Penetanguishene, ON L9M 1M8

PrimeAVM™

Current valuation for 45 Water Street, Penetanguishene, ON L9M 1M8. Listed for $848,000 on 2026-10-19

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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....**

Features

BeachGolfHospitalLake AccessSchoolMarina

Amenities

No amenities available

Summary

Tax:$4,672 / 2025
Listing #:S13694756
Property Type:Detached, Bungalow-Raised
Size:700-1100 feet²
Land Size:59.7 x 75 | < .50 acres
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:LPT REALTY

Details

Property

Property Type:Detached
Style:Bungalow-Raised
Community:Penetanguishene
Municipality:Simcoe

Building

Size:700-1100 feet²
Construction:Vinyl Siding

Inside

Bedrooms:2+1
Bedrooms Above Grade:2
Bathrooms:2
Bathrooms Detail:1, 4pc Main floor
Bathrooms Detail:1, 4pc Lower floor
Kitchens:2
Rooms:12
Family Room:Yes
Appliances Included:Accessory Apartment, Carpet Free, In-Law Suite, Separate Hydro Meter
Basement:Apartment, Finished with Walk-Out, Separate Entrance, Full

Parking

Driveway:Private Triple
Garage Type:None
Garage Spaces:0
Total Parking Spaces:4

Utilities

Cooling:Other
Heating Type:Forced Air
Heating Fuel:Gas
Utility Sewer:Sewer

Highlights

Fireplace Type:Natural Gas

Land

Cross Street:Main & Water St

$848,000

List price

45 Water Street, Penetanguishene – 2+1 bed Detached for sale · MLS® # S13694756