45 Water Street

FOR SALE
$874,900
45 Water Street, Penetanguishene
45 Water Street
45 Water Street
45 Water Street
45 Water Street
45 Water Street
45 Water Street
45 Water Street
45 Water Street
45 Water Street
45 Water Street
45 Water Street
45 Water Street
45 Water Street
45 Water Street
45 Water Street
45 Water Street
45 Water Street
45 Water Street
45 Water Street
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2 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 6
ROOMS
S13120684
MLSID
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Property 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...**
Property Features
Beach, Golf, Hospital, Lake Access, School, Marina, Accessory Apartment, Carpet Free, In-Law Suite, Separate Hydro Meter, Private Triple, Natural Gas
Property Details
Address
45 Water Street
Postal Code
L9M 1M8
Property Type
Detached, Detached
Zoning
R2
Lot Size
60' x 75'
Taxes
$4,672 (2025
Basement
Apartment, Finished with Walk-Out, Separate Entrance, Full
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
Listing contracted with Lpt Realty
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