53 Mercer Crescent, Penetanguishene, ON L9M 1R4
Penetanguishene
ATTENTION DEVELOPERS & BUILDERS: Prime 2.91-Acre In-Town Residential Development Opportunity!Here is a rare turnkey development opportunity situated directly beside an established, mature neighborhood in highly desirable Penetanguishene. This 2.91-acre parcel offers a low-risk, high-reward investment with extensive preliminary work already completed and ready for your vision. Land is high, dry, and beautifully treed with a healthy blend of mature coniferous and deciduous species, with select premium lots backing onto a picturesque, forested ravine.The site is designated Development, with municipal water, sewer, and natural gas services available directly adjacent. The Town of Penetanguishene maintains a detailed file on the property supported by extensive completed studies, significantly streamlining your planning process. Access is fully secured as the 1 ft reserve along Mercer Crescent has been removed and integrated into the dedicated street line.A preliminary sketch illustrates potential for 18 detached single-family home lots, though final density remains flexible and determined by your design, subject to Town Planning Department approval. This versatile site also presents an exceptional opportunity for a retirement residence development.Enjoy financial advantages with no HST applicable to the purchase. Situated in a prime, quiet in-town location close to local amenities and Georgian Bay shorelines, all less than a 2-hour drive from Toronto and the GTA. Call today for full details and the complete property file.
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 53 Mercer Crescent, Penetanguishene, ON L9M 1R4
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# S13626266
Listed by Royal LePage In Touch Realty
On market since Jul 31, 2026
53 Mercer Crescent, Penetanguishene, ON L9M 1R4 is listed for $1,599,900 CAD.
53 Mercer Crescent, Penetanguishene, ON L9M 1R4 has 0 bedrooms and 0 bathrooms.
53 Mercer Crescent, Penetanguishene, ON L9M 1R4 is a Vacant Land.
53 Mercer Crescent, Penetanguishene, ON L9M 1R4 is in Penetanguishene, Ontario.
53 Mercer Crescent, Penetanguishene, ON L9M 1R4 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 53 Mercer Crescent, Penetanguishene, ON L9M 1R4 (MLS# S13626266). You can also send a message through the contact form on this site.
