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Home · Buy · Penetanguishene · 45 Water Street, Penetanguishene, ON L9M 1M8
45 Water Street, Penetanguishene, ON L9M 1M8
45 Water Street, Penetanguishene, ON L9M 1M8
45 Water Street, Penetanguishene, ON L9M 1M8
45 Water Street, Penetanguishene, ON L9M 1M8
45 Water Street, Penetanguishene, ON L9M 1M8+ 24 photos
For Sale · Detached

45 Water Street, Penetanguishene, ON L9M 1M8

Penetanguishene · Penetanguishene
◷26 days on market
Bungalow-RaisedApartment, Finished with Walk-Out, Separate Entrance, Full basement4 driveway · 4 total garageEast exposure
▶ Virtual Tour
2 + 1
Beds
2
Baths
4
Parking
700-1100
Sq ft
—
Built
The honest picture
List price
$848,000
★ Renavu Estimate
$817,000
★★★★★★★★★★Lower confidence
Comparable sales vary too widely to call a direction
Renavu Estimate is our data-driven opinion of value, blended from 6 recent comparable sales — not an appraisal. The area price benchmark for this neighbourhood is still being prepared.

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....**

Property details

Listed on
August 20, 2026
Days on market
26 days
Property tax
$4,672 (2025)
Lot
59.7 × 75 Feet
Style
Bungalow-Raised
Rooms
12
Heating
Forced Air
Cooling
Other
MLS®
S13694756

Full details

Parking
GarageNone
Driveway4
Total parking4
Parking featuresPrivate Triple

Room dimensions

RoomLevelDimensionsFeatures
BedroomMain2.7 × 3.5—
BathroomMain2.2 × 2.24 Pc Bath
KitchenLower5.2 × 2.77Eat-in Kitchen, W/O To Patio
BedroomLower3.32 × 3.5—
Family RoomLower3.1 × 6.37Gas Fireplace, Murphy Bed
KitchenMain3.7 × 5.7Eat-in Kitchen, W/O To Sundeck
FoyerMain1.85 × 3.47B/I Shelves
FoyerLower1.1 × 2—
LaundryLower1.06 × 7.11—
BathroomLower2.46 × 3.294 Pc Bath
Living RoomMain3.3 × 4.3—
BedroomMain3.8 × 3.5—

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
August 20, 2026—$848,000For SaleS13694756
🔒

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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 7.1% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$13,435
Legal · title · inspection$2,800
Closing costs$16,235
Down payment$169,600
Total cash to close$185,835
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$848,000
MLS® S13694756 · Listed by LPT REALTY
▶ Virtual Tour
Homes in Penetanguishene are selling at 97% of asking.

That's from 25 recent sales nearby. Want to know what it means for yours?

Get my Penetanguishene valuation
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006

Price and status changes on this home only. No newsletter, and no call unless you ask for one. Unsubscribe from any email. The Renavu Team, Royal LePage Ignite Realty, Brokerage.

One team. No spam. We reach out once — when you ask.

Listing courtesy of LPT REALTY. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated August 20, 2026.

$848,000

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Comparables

Homes near 45 Water Street, Penetanguishene, ON L9M 1M8
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Sold🔒 Sold:
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Sold🔒 Sold:
bed bath parking
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Sold🔒 Sold:
bed bath parking
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See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
🔒

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