$ 799,000
45 Water Street
Foyer - 45 Water Street, Penetanguishene, ON L9M1M8 Photo 1
49 Photos
Bedroom - 45 Water Street, Penetanguishene, ON L9M1M8 Photo 2
Bedroom - 45 Water Street, Penetanguishene, ON L9M1M8 Photo 3
Bathroom - 45 Water Street, Penetanguishene, ON L9M1M8 Photo 6 Kitchen - 45 Water Street, Penetanguishene, ON L9M1M8 Photo 7 Laundry room - 45 Water Street, Penetanguishene, ON L9M1M8 Photo 8 Bathroom - 45 Water Street, Penetanguishene, ON L9M1M8 Photo 9 Foyer - 45 Water Street, Penetanguishene, ON L9M1M8 Photo 10 Family room - 45 Water Street, Penetanguishene, ON L9M1M8 Photo 11 Bedroom - 45 Water Street, Penetanguishene, ON L9M1M8 Photo 12 45 Water Street, Penetanguishene, ON L9M1M8 Photo 13 45 Water Street, Penetanguishene, ON L9M1M8 Photo 14 45 Water Street, Penetanguishene, ON L9M1M8 Photo 15 45 Water Street, Penetanguishene, ON L9M1M8 Photo 16 45 Water Street, Penetanguishene, ON L9M1M8 Photo 17 45 Water Street, Penetanguishene, ON L9M1M8 Photo 18 45 Water Street, Penetanguishene, ON L9M1M8 Photo 19 45 Water Street, Penetanguishene, ON L9M1M8 Photo 20 45 Water Street, Penetanguishene, ON L9M1M8 Photo 21 45 Water Street, Penetanguishene, ON L9M1M8 Photo 22 45 Water Street, Penetanguishene, ON L9M1M8 Photo 23 45 Water Street, Penetanguishene, ON L9M1M8 Photo 24 45 Water Street, Penetanguishene, ON L9M1M8 Photo 25 45 Water Street, Penetanguishene, ON L9M1M8 Photo 26 45 Water Street, Penetanguishene, ON L9M1M8 Photo 27 45 Water Street, Penetanguishene, ON L9M1M8 Photo 28 45 Water Street, Penetanguishene, ON L9M1M8 Photo 29 45 Water Street, Penetanguishene, ON L9M1M8 Photo 30 45 Water Street, Penetanguishene, ON L9M1M8 Photo 31 45 Water Street, Penetanguishene, ON L9M1M8 Photo 32 45 Water Street, Penetanguishene, ON L9M1M8 Photo 33 45 Water Street, Penetanguishene, ON L9M1M8 Photo 34 45 Water Street, Penetanguishene, ON L9M1M8 Photo 35 45 Water Street, Penetanguishene, ON L9M1M8 Photo 36 45 Water Street, Penetanguishene, ON L9M1M8 Photo 37 45 Water Street, Penetanguishene, ON L9M1M8 Photo 38 45 Water Street, Penetanguishene, ON L9M1M8 Photo 39 45 Water Street, Penetanguishene, ON L9M1M8 Photo 40 45 Water Street, Penetanguishene, ON L9M1M8 Photo 41 45 Water Street, Penetanguishene, ON L9M1M8 Photo 42 45 Water Street, Penetanguishene, ON L9M1M8 Photo 43 45 Water Street, Penetanguishene, ON L9M1M8 Photo 44 45 Water Street, Penetanguishene, ON L9M1M8 Photo 45 45 Water Street, Penetanguishene, ON L9M1M8 Photo 46 45 Water Street, Penetanguishene, ON L9M1M8 Photo 47 45 Water Street, Penetanguishene, ON L9M1M8 Photo 48 45 Water Street, Penetanguishene, ON L9M1M8 Photo 49

45 Water Street, Penetanguishene

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:1945)
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Property details for 45 Water Street, Penetanguishene

Type
Residential
Style
Raised bungalow
Bedrooms
3
Bathrooms
2
Lot Size
59.7 x 75 FT
Stories
1
Basement
Finished, Full, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
Parking
No Garage
Heating
Heat Pump, Forced air, Natural gas
Exterior
Vinyl siding
Ownership
Freehold
Annual Taxes
$4,672

Nearby Listings Stat

Estimated price and comparable properties near 45 Water Street

Active Listings
14
Min Price
$439,000
Max Price
$1,850,000
Avg Price
$766,741
Days on Market
60
days
Sold Listings
2
Min Sold Price
$449,000
Max Sold Price
$619,900
Avg Sold Price
$534,450
Days until Sold
49
days

Neighbourhood Census Data

Penetanguishene, Ontario

Population
852
Median Age
54.5
Median Income
$27,136
Dwelling Value
$279,341

Housing Tenure

Owners 51%
Renters 51%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2
Pop. Density: 1,231.6/km²
Avg Shelter Cost: $1,126/mo
Owners with Mortgage: 43.9%
Owners Spending 30%+: 19%
Tenants Spending 30%+: 58.5%
English only: 84.4%
English and French: 15%
Median Household Income: $49,067
Median Employment Income: $25,664

Price History

Listed
October 1, 2026
by LPT REALTY
Current Price
$799,000
-5.8% from last change
Type
Residential
For Sale
Price Changes
2
Date Price Change
Current $799,000 $49,000 (-5.8%)
Oct 1, 2026 $848,000 $26,900 (-3.1%)
Aug 20, 2026 $874,900 Listed

Contact Agent Get in touch about 45 Water Street, Penetanguishene

SCOTT MCGUIRE
SCOTT MCGUIRE
LPT REALTY

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