45 Water St Penetanguishene, ON L9M 1M8
45 Water St Penetanguishene, ON L9M 1M8 | MLS S13847726 Photo 1
45 Water St Penetanguishene, ON L9M 1M8 | MLS S13847726 Photo 2
45 Water St Penetanguishene, ON L9M 1M8 | MLS S13847726 Photo 3
45 Water St Penetanguishene, ON L9M 1M8 | MLS S13847726 Photo 4
45 Water St Penetanguishene, ON L9M 1M8 | MLS S13847726 Photo 5
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
View All Property Details
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

Ariez Reyes Tamboowalla

(647) 360-2908

Property Details

Community Information

Address 45 Water St, Penetanguishene, ON L9M 1M8
Area Simcoe
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

LevelSizeFeatures
FoyerMain6.07 X 11.39B/I Shelves
BedroomMain8.86 X 11.48
BedroomMain12.47 X 11.48
KitchenLower17.06 X 9.09Eat-in Kitchen,W/O To Patio
Living RoomMain10.83 X 14.11
BathroomLower8.07 X 10.794 Pc Bath
KitchenMain12.14 X 18.70Eat-in Kitchen,W/O To Sundeck
LaundryLower3.48 X 23.33
BathroomMain7.22 X 7.224 Pc Bath
FoyerLower3.61 X 6.56
Family RoomLower10.17 X 20.90Gas Fireplace,Murphy Bed
BedroomLower10.89 X 11.48

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45 Water St Penetanguishene, ON L9M 1M8 | MLS S13847726
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Listing Information Last Updated 10/1/2026
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Property.ca Inc. Brokerage are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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45 Water St Penetanguishene, ON L9M 1M8
  • $799,000
  • 3 beds
  • 2 baths