For sale 50$799,000
45 Water Street
Penetanguishene, Ontario L9M1M8
For sale· Added
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...
Location
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Property details
Listing
- MLS® number
- S13847726
- Added
- Oct 1, 2026 ()
- Updated
- Oct 1, 2026 ()
- Info refreshed
Overview
- Property type
- Single Family
- Building type
- Detached
- Style
- Raised bungalow
- Storeys
- 1
- Ownership
- Freehold
Inside
- Bedrooms
- 2+1
- Bathrooms
- 2
- Heating
- Heat Pump, Forced air, Natural gas
- Fireplace
- Yes
- Appliances
- Washer, Refrigerator, Stove, Dryer
- Features
- Irregular lot size, Carpet Free, In-Law Suite
Building
- Basement
- Finished, Full, Apartment in basement, Separate entrance, Walk out
- Exterior
- Vinyl siding
- Foundation
- Concrete
- Parking
- No Garage · 4 spaces
- Amenities
- Separate Electricity Meters, Fireplace(s)
Land
- Lot size
- 59.7 x 75 ft
- Fencing
- Fully Fenced
- Body of water
- Georgian Bay
- View
- Direct Water View, Unobstructed Water View
- Zoning
- R2
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
- Utilities
- Wireless
Location
- Cross streets
- Main & Water St
- Directions
- Robert St to Scott St to Water St as per GPS.
Running costs
- Annual property tax
- $4,672
Rooms
| Foyer | Main level | 1.85 x 3.47 m |
| Bedroom | Main level | 2.7 x 3.5 m |
| Bedroom | Main level | 3.8 x 3.5 m |
| Kitchen | Lower level | 5.2 x 2.77 m |
| Living room | Main level | 3.3 x 4.3 m |
| Bathroom | Lower level | 2.46 x 3.29 m |
| Kitchen | Main level | 3.7 x 5.7 m |
| Laundry room | Lower level | 1.06 x 7.11 m |
| Bathroom | Main level | 2.2 x 2.2 m |
| Foyer | Lower level | 1.1 x 2 m |
| Family room | Lower level | 3.1 x 6.37 m |
| Bedroom | Lower level | 3.32 x 3.5 m |
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