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Sherwin Mamaradlo

sherwin.mamaradlo@engelvoelkers.com +1(289) 501-4710

$ 848,000

Est. payment -/mo

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45 Water ST Penetanguishene, ON L9M 1M8

2 Beds

2 Baths

UPDATED:

Key Details

Property Type Single Family Home, freehold, residential

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision Penetanguishene

MLS Listing ID S13694756

Style Bungalow-Raised

Bedrooms 2

Annual Tax Amount $4,672

Tax Year 2025

Property Sub-Type Detached

Property Description

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....**

Location

Province ON

County Simcoe

Area Simcoe

Body of Water Georgian Bay

Rooms

Family Room Yes

Basement Apartment, Finished with Walk-Out, Separate Entrance, Full

Kitchen 2

Separate Den/Office 1

Interior

Interior Features Accessory Apartment, Carpet Free, In-Law Suite, Separate Hydro Meter

Cooling Other

Fireplaces Type Natural Gas

Fireplace Yes

Heat Source Gas

Exterior

Parking Features Private Triple

Pool None

Roof Type Asphalt Shingle

Lot Frontage 59.7

Lot Depth 75.0

Total Parking Spaces 4

Building

Unit Features Beach,Golf,Hospital,Lake Access,School,Marina

Foundation Concrete

New Construction false

Others

ParcelsYN No

Virtual Tour https://vimeo.com/1190832511?fl=ip&fe=ec

Listed by LPT REALTY

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Sherwin Mamaradlo

45 Water ST Penetanguishene, ON L9M 1M8

Key Details

Location

Rooms

Interior

Exterior

Building

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