$874,900
Unlock Price Rating!

45 Water Street, Penetanguishene, ON L9M1M8

3 Beds
2 Baths
- Sq Ft

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...** (id:58753)

  • MLS® S13120684
  • Date Listed05/15/2026
  • Days on Realty 22 Days
  • Bedrooms 3
  • Bathrooms 2 baths
  • Lot Size -
  • Sewer Other
  • Property Type Single Family Residence
  • Water Public

Interior Features

  • Appliances Washer, Refrigerator, Stove, Dryer
  • Heating Heat Pump, Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Irregular lot size, Carpet Free, In- Law Suite

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L9M1M8

Discover key demographics, population statistics, and environmental insights for the Penetanguishene, ON area.

Walkability in ON / L9M1M8

Source: Walk Score

66/100

Somewhat Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

55/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 10/100, Transit Score: 0/100, Bike Score: 25/100.

Points of Interest near 45 WATER STREET, Penetanguishene, ON L9M1M8

Frequently Asked Questions for 45 WATER STREET

Source: Realty.com

45 WATER STREET, Penetanguishene, ON L9M1M8 in Penetanguishene, ON L9M1M8 is a single family residence listed at $874,900. Highlights include 3 bedrooms, 2 bathrooms. Realty.ca has 49 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 49 photos of 45 WATER STREET.

The full address for this home is 45 WATER STREET, Penetanguishene, ON L9M1M8.

45 WATER STREET has been listed on Realty.com since Fri May 15, 2026

Some errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 10/100, Transit Score: 0/100, Bike Score: 25/100.

Listing provided courtesy of: LPT REALTY
Listing agent: SCOTT MCGUIRE

This content last refreshed on 2026-06-06 12:59:16. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.