45 Water Street, Penetanguishene

45 Water Street
45 Water Street
45 Water Street
+46
2+1
 bed
2
 bath
4
 parking
700 - 1100
 sqft
Detached
$799,000
For Sale
4 days
 on site
$799,000
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Size
-
Lot size
4477 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$726 - $1,141
Taxes
$4,672 (2025)
Parking Type
-
Style
Bungalow-Raised
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Description
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...
Broker: LPT REALTY
MLS®#: S13847726
Property details
Parking:
4
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Bungalow-Raised
MLS Size:
700-1100 sqft
Lot front:
59 Ft
Lot depth:
75 Ft
Listed on:
Oct 1, 2026
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Instant estimate:
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$48,593
lower than listed price
i
High
$794,716
Mid
$750,407
Low
$722,075
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About 45 Water Street

45 Water Street is a Penetanguishene detached house for sale. It has been listed at $799000 since October 2026. This 700-1100 sqft detached house has 2+1 beds and 2 bathrooms.

45 Water St, Penetanguishene is only a 4 minute walk from Kittyhawk Cafe for that morning caffeine fix and if you're not in the mood to cook, Phil's Family Restaurant, Georgian Bay Restaurant and Captain Ken's Diner-Billiards are near this detached house. Groceries can be found at Rawson's Meat & Deli 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. Love being outside? Look no further than Penetanguishene Rotary Park and Martin Valley Park, which are both only steps away.

If you are looking for transit, don't fear, there is a Bus Stop (Robert / Townhall) a 3-minute walk.