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About This Property

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... (id:63604)

Key Facts

Type

Detached

Beds

Baths

Size

700 sqft

Lot

59.7 x 75 FT

Parking

4 total

Highlights

Washer
Refrigerator
Stove
Dryer

Property Details 21 details

Bedrooms

3 bedrooms

2 above grade + 1 below grade

Bathrooms

2 bathrooms

Parking

4 parking spaces

No Garage

Living area

700 - 1,100 sq. ft.

Property

Single Family · Raised bungalow · Freehold · Detached

Property subtype

Single Family

Structure type

House

Architectural style

Raised bungalow

Ownership

Freehold

Attached status

Detached

Storeys

Basement

Finished, Full, Apartment in basement, Separate entrance, Walk out

Heating

Heat Pump, Forced air, Natural gas

Fireplace

Yes

Lot dimensions

59.7 x 75 FT

Frontage

59.80 feet

Taxes

$4,672.00

Zoning

Water source

Municipal water

Sewer

Sanitary sewer

Waterfront

Georgian Bay

Views

Direct Water View, Unobstructed Water View

Interior features

WasherRefrigeratorStoveDryerSeparate Electricity MetersFireplace(s)

Exterior features

Vinyl sidingConcreteFully Fenced

Systems and association

Wireless

Lot and water

Irregular lot sizeCarpet FreeIn-Law Suite

Rooms 12 rooms

Level

Room

Dimensions

Main level

Foyer

1.85 m x 3.47 m

Main level

Bedroom

2.7 m x 3.5 m

Main level

Bedroom

3.8 m x 3.5 m

Lower level

Kitchen

5.2 m x 2.77 m

Main level

Living room

3.3 m x 4.3 m

Lower level

Bathroom

2.46 m x 3.29 m

Main level

Kitchen

3.7 m x 5.7 m

Lower level

Laundry room

1.06 m x 7.11 m

Main level

Bathroom

2.2 m x 2.2 m

Lower level

Foyer

1.1 m x 2 m

Lower level

Family room

3.1 m x 6.37 m

Lower level

Bedroom

3.32 m x 3.5 m

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs

Down payment (%) Interest rate (annual %) Amortization (years) Property taxes (% of price) Condo/HOA fee (monthly)

Insurance/Other (monthly) Utilities (monthly)

Mortgage Tools Buyer/Seller Snapshot

Purchase price$799,000

Down paymentNot available

Mortgage amountNot available

Principal & interestNot available

Property taxesNot available

Condo/HOA feeNot available

Insurance/OtherNot available

UtilitiesNot available

Est. monthly totalNot available

Income needed (GDS 32%)Not available

Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Map is approximate.

Neighbourhood

Area: Penetanguishene
City: Penetanguishene
Postal code: L9M 1M8
Nearby: Cross Streets: Main & Water St. ** Directions: Robert St to Scott St to Water St as per GPS.