Penetanguishene, ON
45 Water Street
$799,000
Data last updated Oct 30, 2026, 10:20 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $799,000
- Type
- Detached
- Bedrooms
- 2
- Bathrooms
- 2
- MLS®
- S13847726
- Status
- active
- Brokerage
- LPT REALTY
About this home
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...
Location
More details
- Property tax
- $4,672 (2025)
- Days on market
- 30
- Style
- Bungalow-Raised
- Lot
- 59.7 × 75 Feet
- Parking
- 4 spaces · None
- Basement
- Apartment, Finished with Walk-Out, Separate Entrance, Full
- Heating
- Forced Air
- Air conditioning
- Other
- Neighbourhood
- Penetanguishene
- Major intersection
- Main & Water St
Rooms
| Room | Level | Size (m) | Features |
|---|---|---|---|
| Foyer | Main | 1.85 × 3.47 | B/I Shelves |
| Bedroom | Main | 2.7 × 3.5 | — |
| Bedroom | Main | 3.8 × 3.5 | — |
| Kitchen | Lower | 5.2 × 2.77 | eat-in kitchen, w/o to patio |
| Living Room | Main | 3.3 × 4.3 | — |
| Bathroom | Lower | 2.46 × 3.29 | 4 Pc Bath |
| Kitchen | Main | 3.7 × 5.7 | eat-in kitchen, w/o to sundeck |
| Laundry | Lower | 1.06 × 7.11 | — |
| Bathroom | Main | 2.2 × 2.2 | 4 Pc Bath |
| Foyer | Lower | 1.1 × 2 | — |
| Family Room | Lower | 3.1 × 6.37 | gas fireplace, murphy bed |
| Bedroom | Lower | 3.32 × 3.5 | — |
Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.