Homes in the GTA
45 Water Street, Penetanguishene, ON L9M 1M8

Courtesy of LPT REALTY

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3 Beds
2 Baths
4 Parking

$799,000

Sale

Listed 5 days ago

45 Water Street, Penetanguishene, ON L9M 1M8

Detached

Penetanguishene, Penetanguishene, L9M 1M8· MLS® S13847726

About this home

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...

Key facts

Property type
Detached
Parking
4
MLS®
S13847726
Basement
Apartment, Finished with Walk-Out, Separate Entrance, Full
Lot size
59.7 × 75
Taxes
$4,672/yr
Bedrooms
3
Bathrooms
2
Kitchens
2
Basement
Apartment, Finished with Walk-Out, Separate Entrance, Full
Heating
Forced Air
Cooling
Other

Mortgage calculator

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Total cost of mortgage

$1,147,986

Estimated monthly

$3,827/mo

Estimates only, for illustration. Rates and terms vary by lender; confirm with a licensed mortgage professional. Listing courtesy of LPT REALTY.

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Listing courtesy of LPT REALTY. Data last updated Oct 1, 2026. Provided by Toronto Regional Real Estate Board (TRREB) via PropTx MLS® for personal, non-commercial use; deemed reliable but not guaranteed.

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