45 Water Street, Penetanguishene, ON L9M 1M8
Penetanguishene, ON, L9M 1M8 · Penetanguishene
About this property
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...**
Features & Amenities
- Basement: Apartment, Finished with Walk-Out, Separate Entrance, Full
- Garage: None
- Cooling: Other
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Bungalow-Raised
- Construction: Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | Bungalow-Raised |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Basement | Apartment, Finished with Walk-Out, Separate Entrance, Full |
| Garage | None |
| Parking Spaces | 4 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Other |
| Sewer | Sewer |
| Annual Tax | $4,672 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Accessory Apartment, Carpet Free, In-Law Suite, Separate Hydro Meter
- Fireplace
- Yes
- Fireplace Features
- Natural Gas
Exterior Features
- Other Structures
- Fence - Full, Shed
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow-Raised
- Construction Materials
- Vinyl Siding
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Apartment, Finished with Walk-Out, Separate Entrance, Full
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Other
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 4
- Parking Total
- 4.00
- Parking Features
- Private Triple
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 75.00
- Lot Width
- 59.70
Community & Neighborhood
- Property Features
- Beach, Golf, Hospital, Lake Access, School, Marina
Financial & Tax
- Tax Annual Amount
- $4,672
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Min 60 Days
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 6
- Rooms Below Grade
- 6
- Rooms Total
- 12
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 2
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Owner+Tenant
- Direction Faces
- East
- County Or Parish
- Simcoe
- Cross Street
- Main & Water St
- Directions
- Robert St to Scott St to Water St as per GPS
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
45 Water Street, Penetanguishene, ON L9M 1M8, Penetanguishene, ON, L9M 1M8