Scout N Secure

$799,000

Map

45 Water Street

Penetanguishene, Ontario L9M1M8

For sale· Added

2+1 bed2 bath700–1,100 sqft

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

FoyerMain level1.85 x 3.47 m
BedroomMain level2.7 x 3.5 m
BedroomMain level3.8 x 3.5 m
KitchenLower level5.2 x 2.77 m
Living roomMain level3.3 x 4.3 m
BathroomLower level2.46 x 3.29 m
KitchenMain level3.7 x 5.7 m
Laundry roomLower level1.06 x 7.11 m
BathroomMain level2.2 x 2.2 m
FoyerLower level1.1 x 2 m
Family roomLower level3.1 x 6.37 m
BedroomLower level3.32 x 3.5 m

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$799,000
45 Water Street
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