4 hours on Market

42 Water St, Penetanguishene, Ontario L9M 1M9

Detached
5
4
~700-1100 sqft
$865,000
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Detached
5
4
~700-1100 sqft

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Highlights

Property Estimate

Days on market4 hours

Estimated valueNot available

Price/Sqft$1,011/sqft

Monthly cost

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Description

Multi-Use 2,700 Sq. Ft. Home with Panoramic Georgian Bay Views!This spacious 2,700 sq ft property offers incredible versatility with a 4-bedroom main home and a separate 1-bedroom legal apartment - perfect for extended family, rental income, or a home-based business. Featuring two 200-amp services, a heated shop, and separate electrical panels, this home is built for flexibility and function. The large eat-in country kitchen boasts custom cabinetry and an outstanding, unobstructed view of Georgian Bay. Outside, enjoy two driveways, rear parking with year-round laneway access, and a fully legal shop and apartment. Ideally located close to schools, Foodland, parks with splash pad, and beautiful walking trails, this property offers a rare blend of space, convenience, and Georgian Bay charm.


Property Details

Style2 1/2 Storey
ViewMarina, Bay
Age of property100+
SqFt~700-1100 SqFt
Lot Size11,121 Ac(204.85 x 54.29)
Parking Spaces7
MLS ®NumberS12485958
Community NamePenetanguishene
Data SourceTRREB
Listing byRE/MAX Georgian Bay Realty Ltd

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Part Bsmt

Main Floor

Sunroom

6.09 x 2.44

Kitchen

3.76 x 3.5

Breakfast

3.76 x 3.59

Laundry

1.68 x 2.93


Features

Lot size: 11,121 Ac
Pool: Inground

Parking

Garage spaces 3

Garage type Attached

Other parking spaces 4

Total parking spaces 7


Property History

Oct 28, 2025
ListedActive
$865,000
4 hours on market
history photo preview50
Listing by trreb®
Property listed by RE/MAX Georgian Bay Realty Ltd, Brokerage
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Market Data - Penetanguishene

Geo Zone Map ThumbnailPenetanguishene

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

52 days

Compared to

2024

57 days

2023

26 days

2022

35 days

New Listings

Past 30 days

37 listings

Compared to

2024

31 listings

2023

24 listings

2022

22 listings

Units sold

Past 30 days

11 units

Compared to

2024

11 units

2023

12 units

2022

10 units

Median Sold Price

Past 30 days

$510,000

Compared to

2024

$637,000

2023

$566,500

2022

$523,750


Population and Demographics

Overview

Total population 10011
Average household income $106,950

Age (%)

0 to 19
15%
20 to 34
16%
35 to 49
16%
50 to 64
23%
65 and plus
29%

Household composition (%)

Single family
65%
Single person
32%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
88%
French
8%
Others
2%
English and French
2%

House tenancy (%)

Owners
76%
Renters
24%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget