45 Water St
Penetanguishene, ON L9M 1M8
For more information on this listing, contact us at: (647) 360-2908
Active
$799,000
45 Water St Penetanguishene, ON L9M 1M8
Detached
Property Type
3
Beds
2
Baths
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...
MLS #
S13847726
Monthly Assoc. Fee
N/A
On Site
4 Days
Last Updated
10/1/2026
Location
Contact Agent
Ariez Reyes Tamboowalla
(647) 360-2908Property Details
Community Information
Address
45 Water St, Penetanguishene, ON L9M 1M8
Area
Simcoe
City
Penetanguishene
Community
Penetanguishene
Postal Code
L9M 1M8
Architecture
Bedrooms
3
Bathrooms
2
Style
Bungalow-Raised
Construction Materials
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete
Basement
Apartment, Finished with Walk-Out, Separate Entrance, Full
Features / Amenities
Interior Features
Accessory Apartment, Carpet Free, In-Law Suite, Separate Hydro Meter
Fireplace Features
Natural Gas
Kitchens Total
2
Kitchen Plus
1 + 1
+ Bedrooms
1
Other Structures
Fence - Full, Shed
Direction Faces
East
Parking Features
Private Triple
Parking Spaces
4
Heat Type
Forced Air
Heat Source
Gas
Total Rooms
12
Property Features
Property Features
Beach, Golf, Hospital, Lake Access, School, Marina
Water View
Direct, Unobstructive
Acreage
< .50
Sq. Ft.
700-1100
Rural Utilities
Cell Services, Recycling Pickup
Water Body
Georgian Bay Lake
Sewer
Sewer
Directions
Robert St to Scott St to Water St as per GPS
Tax and Financial Info
Tax Annual Amount
$4,672
Tax Year
2025
Listing Office
Listing provided courtesy of Lpt Realty.
Rooms
| Level | Size | Features | |
| Foyer | Main | 6.07 X 11.39 | B/I Shelves |
| Bedroom | Main | 8.86 X 11.48 | |
| Bedroom | Main | 12.47 X 11.48 | |
| Kitchen | Lower | 17.06 X 9.09 | Eat-in Kitchen,W/O To Patio |
| Living Room | Main | 10.83 X 14.11 | |
| Bathroom | Lower | 8.07 X 10.79 | 4 Pc Bath |
| Kitchen | Main | 12.14 X 18.70 | Eat-in Kitchen,W/O To Sundeck |
| Laundry | Lower | 3.48 X 23.33 | |
| Bathroom | Main | 7.22 X 7.22 | 4 Pc Bath |
| Foyer | Lower | 3.61 X 6.56 | |
| Family Room | Lower | 10.17 X 20.90 | Gas Fireplace,Murphy Bed |
| Bedroom | Lower | 10.89 X 11.48 |
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Listing Information Last Updated 10/1/2026
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