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    45 Water Street

    Penetanguishene, ON • L9M 1M8
    Detached
    Active
    View on Map
    List Price$799,000
    45 Water Street
    Penetanguishene, ON • L9M 1M8
    View on Map
    Detached
    Active
    List Price$799,000
    2+1Beds
    2Baths
    700-1100 SqFtLiving Area
    4Parking
    $4,672 / 2025Property Tax
    Apartment, Finished with Walk-Out, Separate Entrance, FullBasement

    Property History

    Market activity for 45 Water Street

    0 Records

    No listing history available

    This is the first time this property is listed

    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...

    Listing Snapshot
    Property Type
    Detached
    Size
    700-1100 SqFt
    Building Age
    N/A
    Lot Size
    59.7 x 75 Feet
    Parking
    4 Spaces
    Basement
    Apartment, Finished with Walk-Out, Separate Entrance, Full
    Property Tax
    $4,672 / 2025
    Added to PropertyMesh
    2026-10-01
    Days on Site
    12 Days
    Status Change
    11 Days Ago
    Listing #
    S13847726
    Listing Brokerage
    LPT REALTY
    Data Source
    PROPTX
    Updated on
    2026-10-01
    Property Specifications

    Property Overview

    Property TypeDetached
    StyleBungalow-Raised

    Interior Details

    Bedrooms2+1
    Bathrooms2
    Bathrooms Detail (Main)1
    Bathrooms Detail (Lower)1
    Basement TypeApartment, Finished with Walk-Out, Separate Entrance, Full
    Kitchens2
    Rooms12
    Family RoomYes

    Utilities & Systems

    CoolingOther
    Heating FuelGas

    Building & Construction

    ConstructionVinyl Siding

    Parking & Access

    Parking PlacesPrivate Triple
    Total Parking Space4

    Lot & Location

    SewerSewer
    Frontage59.7 Feet
    Depth75 Feet
    Cross StreetMain & Water St
    Room Details

    Foyer

    6.07 x 11.38 Feet

    Level: Main

    B/I Shelves

    Bedroom

    8.86 x 11.48 Feet

    Level: Main

    Bedroom

    12.47 x 11.48 Feet

    Level: Main

    Kitchen

    17.06 x 9.09 Feet

    Level: Lower

    Eat-in Kitchen, W/O To Patio

    Living Room

    10.83 x 14.11 Feet

    Level: Main

    Bathroom

    8.07 x 10.79 Feet

    Level: Lower

    4 Pc Bath

    Kitchen

    12.14 x 18.7 Feet

    Level: Main

    Eat-in Kitchen, W/O To Sundeck

    Laundry

    3.48 x 23.33 Feet

    Level: Lower

    Bathroom

    7.22 x 7.22 Feet

    Level: Main

    4 Pc Bath

    Foyer

    3.61 x 6.56 Feet

    Level: Lower

    Family Room

    10.17 x 20.9 Feet

    Level: Lower

    Gas Fireplace, Murphy Bed

    Bedroom

    10.89 x 11.48 Feet

    Level: Lower

    Land Transfer Tax

    Provincial Tax (Ontario)

    $12,455

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