4 hours on Market

45 Water St, Penetanguishene, Ontario L9M 1M8

Detached
2 + 1
2
~700-1100 sqft
$874,900
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Detached
2 + 1
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market4 hours

Estimated valueNot available

Price/Sqft$1,022/sqft

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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...**


Property Details

StyleBungalow-Raised
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size4,477 SqFt(75 x 59.7)
Parking Spaces4
MLS ®NumberS13120684
Community NamePenetanguishene
Data SourceTRREB
Listing byLPT REALTY

Features

Heating: Forced Air
Cooling: Other
Fireplace
Basement: Apartment, Fin W/O

Main Floor

Kitchen

3.7 x 5.7

Eat-In Kitchen / W/O To Sundeck

Living

3.3 x 4.3

Br

3.8 x 3.5

Br

2.7 x 3.5


Features

Lot size: 4,477 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by LPT REALTY, 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

68 days

Compared to

2025

40 days

2024

39 days

2023

56 days

New Listings

Past 30 days

30 listings

Compared to

2025

32 listings

2024

30 listings

2023

20 listings

Units sold

Past 30 days

4 units

Compared to

2025

11 units

2024

12 units

2023

13 units

Median Sold Price

Past 30 days

$637,500

Compared to

2025

$679,000

2024

$775,950

2023

$660,000


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