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MLS® S13847726
Penetanguishene, ON
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...
Inclusions
Fridge, Stove, Washer, Dryer, Built-In Cupboards.
Exclusions
Personal Property
Broker
LPT REALTY
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Detached
45 Water Street Penetanguishene
Penetanguishene
Type
Detached
Basement
Apartment, Finished with Walk-Out, Separate Entrance, Full
Parking
None (4)
Property Tax
~$4,672/yr
Heating
Forced Air
Buying Essentials
Square Feet
900 sqft
Facing Direction
East
Parking
None (4)
Finances
List Price
$799,000
Price per SQFT
$888/sqft
Property Tax
~$4,672/yr
Property Specs
Property Type
Detached
MLS Size
900 sqft
Basement
Apartment, Finished with Walk-Out, Separate Entrance, Full
Living & Amenities
Heating Type
Forced Air
Features
Accessory Apartment · Carpet Free · In-Law Suite · Separate Hydro Meter
Policies & Utilities
Neighbourhood
Penetanguishene
Listed On
Oct 1, 2026
Beach
Golf
Hospital
Lake Access
School
Marina
Days on Market
Current: 37 days
B/I Shelves
6.1 x 11.4
69 sqft
8.9 x 11.5
102 sqft
12.5 x 11.5
143 sqft
Eat-in Kitchen, W/O To Patio
17.1 x 9.1
155 sqft
10.8 x 14.1
153 sqft
4 Pc Bath
8.1 x 10.8
87 sqft
Eat-in Kitchen, W/O To Sundeck
12.1 x 18.7
227 sqft
3.5 x 23.3
81 sqft
4 Pc Bath
7.2 x 7.2
52 sqft
3.6 x 6.6
24 sqft
Gas Fireplace, Murphy Bed
10.2 x 20.9
213 sqft
10.9 x 11.5
125 sqft
Rooms
12
Listed Room Area
1,431 sqft
Source
Estimated from MLS room dimensions
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