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CA > Ontario > Penetanguishene > Penetanguishene > 45 Water Street

45 Water Street, Penetanguishene, ON

Penetanguishene, Penetanguishene Hood
Main & Water St
2+1 Br | 2 Bath | 700-1100 Sqft
$874,900 For Sale

Property Overview

  • Detached — Bungalow-Raised
  • SqFt: | 700-1100 Sqft
  • Lot Size: 59.70 x 75.00 Feet
  • Age: n/a
  • Basement: Apartment, Finished with Walk-Out, Separate Entrance, Full
  • Exterior: Vinyl Siding
  • Taxes: 4,672 / 2025
  • Zoning: n/a
  • MLS #: S13120684
  • Sewer: Sewer
  • Heat Source: Gas , Forced Air

Property Description

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.

Property Details

  • For: For Sale
  • Type: Detached
  • Style: Bungalow-Raised
  • Lot: 59.70 x 75.00 Feet
  • Region: Simcoe
  • Hood: Penetanguishene
  • Zoning: n/a
  • Lot Irreg: Fronting on: East
  • Fronting On: East

Building Details

  • Age: n/a
  • Exterior: Vinyl Siding
  • Heat: Gas , Forced Air
  • A/C: Other
  • Interior Features: Accessory Apartment, Carpet Free, In-Law Suite, Separate Hydro Meter
  • Pool: None
  • Sewer: Sewer
  • Garage: None
  • Total Parking: 4.00
  • Driveway: Private Triple

Property Interior

  • Sqft: 700-1100 Sqft
  • Bed: 2 +1
  • Bath: 2
  • Kitchen: 1 +1
  • Family Room: No
  • Basement: Apartment, Finished with Walk-Out, Separate Entrance, Full
Rooms Details

Kitchen

Main Level

3.7 x 5.7

Eat-in Kitchen, W/O To Sundeck

Living Room

Main Level

3.3 x 4.3

Bedroom

Main Level

3.8 x 3.5

Bedroom

Main Level

2.7 x 3.5

Bathroom

Main Level

2.2 x 2.2

4 Pc Bath

Foyer

Main Level

1.85 x 3.47

B/I Shelves

Kitchen

Lower Level

5.2 x 2.77

Eat-in Kitchen, W/O To Patio

Family Room

Lower Level

3.1 x 6.37

Gas Fireplace, Murphy Bed

Bedroom

Lower Level

3.32 x 3.5

Bathroom

Lower Level

2.46 x 3.29

4 Pc Bath

Laundry

Lower Level

1.06 x 7.11

Foyer

Lower Level

1.1 x 2

Property Listed by: LPT REALTY
Virtual Tour: https://vimeo.com/1190832511?fl=ip&fe=ec

Home Valuation Estimate

What is 45 Water Street, Penetanguishene, ON worth in today’s Penetanguishene, Penetanguishene market?

This HomeZira valuation preview helps buyers and sellers think through the asking price for this 2-bedroom Detached with 700-1100 sq. ft. in Penetanguishene, Penetanguishene. The full estimate reviews the property’s location, home type, bedroom count, size range, age, and nearby comparable market activity after sign-in.

Property-specific estimate See a valuation range built around this listing’s local profile.
Comparable market context Review how similar nearby homes help frame value.
Buyer and seller guidance Use the estimate as a starting point before an offer or pricing decision.
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Location

  • Address: 45 Water Street
  • Neighborhood: Penetanguishene
  • Zip/Postal Code: L9M 1M8
  • Nearby Amenities: Beach, Golf, Hospital, Lake Access, School, Marina
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Kazi Hossain

Kazi Hossain

Kazi — Serving the Community for 19 Years!
REALTOR®

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

Located at 45 Water Street, Penetanguishene, ON in Penetanguishene (Penetanguishene neighbourhood), near Main & Water St. This freehold home offers Detached, ["Bungalow-Raised"], 2 bedrooms, 2 bathrooms, 12 total rooms and 700-1100 sq.ft. (approx.) in a layout suited to everyday family living. Basement: Apartment, Finished with Walk-Out, Separate Entrance, Full • 4 parking spots • Garage: None • Heating: Gas Forced Air • Cooling: Other. Property taxes are approximately $4,672 for 2025. 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 De.

FAQs for 45 Water Street, Penetanguishene, ON , Penetanguishene , Penetanguishene

What are the listing details for 45 Water Street, Penetanguishene, ON?
45 Water Street, Penetanguishene, ON is a Detached for sale in Penetanguishene, in the Penetanguishene neighbourhood, Simcoe. The current list price is $874,900. MLS number: S13120684.
How many bedrooms and bathrooms does this home have?
45 Water Street, Penetanguishene, ON is listed as a Detached with a ["Bungalow-Raised"] style, featuring 2+1 bedroom(s) and 2 bathroom(s). The listed interior size range is 700-1100 sq. ft..
What lot, basement, garage, or parking details are listed?
The lot size is listed as approximately 59.70 x 75.00 Feet. The basement is listed as: Apartment, Finished with Walk-Out, Separate Entrance, Full. Garage type: None. Total parking: 4 space(s).
What heating, cooling, and exterior details are shown?
Heating is listed as: Gas, Forced Air. Cooling is listed as: Other. Exterior/construction materials are listed as: Vinyl Siding.
Where is this property located?
45 Water Street, Penetanguishene, ON is located in the Penetanguishene neighbourhood of Penetanguishene. The listed cross street is Main & Water St.
What information is available on this public listing page?
The public listing page shows current active listing information, property photos, room details when available, map location, listed price, property features, and contact options. Annual taxes are listed as $4,672 / 2025. Valuation tools and similar sold-property previews are available after sign-in where applicable, without displaying sold data in this public FAQ.

FAQ content is based on current active listing fields shown on this page. Sold prices, sold comparables, and VOW-only details are not included in this public FAQ.