45 Water Street

45 Water Street
45 Water Street
45 Water Street
+46
2+1
 bed
2
 bath
4
 parking
700 - 1100
 sqft
Detached
$874,900
For Sale
3 days
 on site
$874,900
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Size
-
Lot size
4477 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$795 - $1,250
Taxes
$4,672 (2025)
Parking Type
-
Style
Bungalow-Raised
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Description
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...**
Broker: LPT REALTY
MLS®#: S13120684
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:
May 13, 2026
Show all details
Rooms
LevelNameSizeFeatures
Main
Bedroom
8.9 x 11.5 ft
Main
Bedroom
12.5 x 11.5 ft
Main
Kitchen
12.1 x 18.7 ft
Show all
Instant estimate:
orto view instant estimate
$34,772
lower than listed price
i
High
$889,735
Mid
$840,128
Low
$808,409
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About 45 Water Street

Located at 45 Water Street, this Penetanguishene detached house is available for sale. It has been listed at $874900 since May 2026. This 700-1100 sqft detached house has 2+1 beds and 2 bathrooms.

Looking for your next favourite place to eat? There is a lot close to 45 Water St, Penetanguishene.Grab your morning coffee at Tim Hortons located at 132 Main St. Groceries can be found at Rawson's Meat & Deli which is only 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) a 3-minute walk.