For Sale

42 Water Street, Penetanguishene, Ontario L9M 1M9

$865,000

42 Water Street, Penetanguishene, Ontario L9M 1M9 is For Sale and has a listing price of 865,000. The property is located in the Penetanguishene neighbourhood . It's been on the website for 5 Days.

  • Detached
    Property Type
  • 5
    Bedrooms
  • 4
    Bathrooms
  • MLS ID: S12485958
  • Office Name RE/MAX Georgian Bay Realty Ltd
Property Description

Multi-Use 2,700 Sq. Ft. Home with Panoramic Georgian Bay Views!This spacious 2,700 sq ft property offers incredible versatility with a 4-bedroom main home and a separate 1-bedroom legal apartment – perfect for extended family, rental income, or a home-based business. Featuring two 200-amp services, a heated shop, and separate electrical panels, this home is built for flexibility and function. The large eat-in country kitchen boasts custom cabinetry and an outstanding, unobstructed view of Georgian Bay. Outside, enjoy two driveways, a landscaped pool area to beat the heat, rear parking with year-round laneway access, and a fully legal shop and apartment. Ideally located close to schools, Foodland, parks with splash pad, and beautiful walking trails, this property offers a rare blend of space, convenience, and Georgian Bay charm.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: S12485958
  • Price: $865,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 204.85
  • Ref ID: S12485958
  • Approx Sqft: 2000-2500
  • Dir / Cross St: Owen and Scott
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Type: Detached
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
10/28/2025 S12485958 $865,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Penetanguishene
  • $740,888 Average List Price
    based on 1 year
  • 38 New Listings
    based on 30 days
  • 72 Median Days on Market
    based on 1 year
  • List vs. Selling Price 181.88 % Up
  • Sold (12mo) 128
  • Rented (12mo) 13

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2 1/2 Storey
  • Washroom Type1: 1
  • Garage Type Attached
  • Parking Spaces: 4
  • Exterior Brick, Vinyl Siding
  • Kitchen 2
  • Fireplace Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 2
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 4 # Pcs: 4
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Taxes: $4,056
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 30 day min closing
  • Listing Entry Date: 28/10/2025 16:55:21
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