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$848,000
For SaleListed 19 days agoVirtual Tour

45 Water Street, Penetanguishene, ON L9M 1M8

Penetanguishene
3
2
700–1,100 ft²
Detached4 Parking59.7 × 75 ft Lot
Listed by LPT REALTY

Assigned school

50% EQAO

James Keating Public School

Childcare

5 centres

0.4 km closest

Explore this address →

Property Information

Property TypeDetached
Lot Size59.7 × 75 ft
BasementApartment, Finished with Walk-Out, Separate Entrance, Full
Parking4 parking spaces · Private Triple
Property taxes$4,672/yr (2025)
Days on Market19 Days
Listed DateAug 20, 2026
MLS® NumberS13694756

Monthly Cost

Description

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....

Listing History

Event
Date
Price
Listed
Aug 20, 2026
$848,000

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

Location

Map showing 45 Water Street, Penetanguishene, ON L9M 1M8 inside the James Keating Public School attendance boundaryView on Map

School Catchments

School boundaries and eligibility may change. Confirm school eligibility directly with the school board.

All Penetanguishene school catchments

Licensed Childcare Nearby

5 licensed centres nearby · closest 418 m

Licensed Child Care Centre
Le Petit Voilier - Ecole St. Joseph
30 Poyntz Street, Penetanguishene
0.4 km
Français
Before & after school
Operator: La Clé D'La Baie En Huronie
Licence #0005337·Child Care Centre
Licensed Child Care Centre
Ymca School Age, Burkevale
39 Burke Street, Penetanguishene
1.0 km
Before & after school
Operator: Ymca Of Simcoemuskoka
Licence #57811·Child Care Centre
Licensed Child Care Centre
Ymca School Age, James Keating
20 Lorne Avenue, Penetanguishene
1.3 km
Before & after school
Operator: Ymca Of Simcoemuskoka
Licence #56111·Child Care Centre
Licensed Child Care Centre
Ymca Child Care - St Ann'S
5 Dunlop Street, Penetanguishene
1.6 km
Full day · Half day · After school
Operator: Ymca Of Simcoemuskoka
Licence #18031·Child Care Centre
Licensed Child Care Centre
Garderie Le Petit Voilier - École - St. Louis
54 Dufferin Rue, Penetanguishene
2.1 km
Français
After school
Operator: La Clé D'La Baie En Huronie
Licence #0004535·Child Care Centre

Area Checks

Also checked, nothing flagged at this location: provincially significant wetlands, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, rail corridors, hydro transmission corridors.

Not openly mapped for this area (ask the local conservation authority): flood hazard mapping, conservation-regulated areas.

Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.

About This Community

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DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Aug 20, 2026
Data sources & legal disclosures

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