45 Water Street, Penetanguishene, ON L9M 1M8
Penetanguishene
Luxury Waterview, 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...**
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 45 Water Street, Penetanguishene, ON L9M 1M8
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MLS# S13120684
Listed by LPT REALTY
On market since May 13, 2026
45 Water Street, Penetanguishene, ON L9M 1M8 is listed for $874,900 CAD.
45 Water Street, Penetanguishene, ON L9M 1M8 has 3 bedrooms and 2 bathrooms.
45 Water Street, Penetanguishene, ON L9M 1M8 is a Detached.
45 Water Street, Penetanguishene, ON L9M 1M8 is in Penetanguishene, Ontario.
45 Water Street, Penetanguishene, ON L9M 1M8 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 45 Water Street, Penetanguishene, ON L9M 1M8 (MLS# S13120684). You can also send a message through the contact form on this site.
