42 Water Street

42 Water Street
42 Water Street
42 Water Street
+47
5
 bed
4
 bath
7
 parking
700 - 1100
 sqft
Detached
$865,000
For Sale
2 days
 on site
$865,000
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Size
-
Lot size
-
Street frontage
-
Possession
Flexible
Price per sqft
$786 - $1,236
Taxes
$4,056 (2025)
Parking Type
-
Style
2 1/2 Storey
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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, 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.
Broker: RE/MAX Georgian Bay Realty Ltd
MLS®#: S12485958
Property details
Parking:
7
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
2 1/2 Storey
MLS Size:
700-1100 sqft
Lot front:
54 Ft
Lot depth:
204 Ft
Listed on:
Oct 28, 2025
Show all details
Rooms
LevelNameSizeFeatures
Main
Sunroom
20.0 x 8.0 ft
Main
Breakfast
12.3 x 11.8 ft
Main
Kitchen
12.3 x 11.5 ft
Show all
Instant estimate:
orto view instant estimate
$1,135
lower than listed price
i
High
$914,874
Mid
$863,865
Low
$831,250
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About 42 Water Street

42 Water Street is a Penetanguishene detached house for sale. 42 Water Street has an asking price of $865000, and has been on the market since October 2025. This 700-1100 sqft detached house has 5 beds and 4 bathrooms.

Some good places to grab a bite are Captain Ken's Diner-Billiards, Georgian Bay Restaurant or Phil's Family Restaurant. If you love coffee, you're not too far from Tim Hortons located at 132 Main St. Groceries can be found at Foodland which is a 4-minute walk and you'll find Whitesands Health Centre a 3-minute walk as well. For those days you just want to be indoors, look no further than Penetanguishene Museum to keep you occupied for hours.

If you are reliant on transit, don't fear, there is a Bus Stop (Robert / Townhall) only a 3 minute walk.