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$499,000Asking Price

40 Lepage Drive, Penetanguishene, ON L9M 1R5

Penetanguishene, Penetanguishene

Detached
2
Bedrooms
3
Baths
5
Parking
Days on Market

4-Season Home with Walk-Out Basement on a Quiet Street - Minutes to Town & Marinas. This modest yet solid 4-season home offers a fantastic opportunity to build equity. Set on a generous lot in a peaceful neighbourhood, it's the perfect fit for those seeking value, versatility and a great location. The main level features a functional layout with main floor laundry, 2 bedrooms and 2 bathrooms and lots of windows that bring in plenty of natural light. The sliding glass doors allow you to step out of the living room to enjoy the expansive deck --ideal for relaxing or entertaining in the warmer months. Thermal windows and the central vacuum system are great added features. Municipal water. Natural gas is in the house. The large finished walk-out lower level with a 3-pc bathroom provides additional living space, perfect for extended family, guests or a potential in-law suite. The large window makes it nice and bright while the gas fireplace keeps it cozy. An attached garage, paved driveway and two sheds offer added convenience and storage. Located just minutes from shopping in Penetanguishene and Midland, and close to local marinas, this home is ideal for year-round living or a weekend retreat. With a bit of vision and some updates, this property could truly shine.

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4-Season Home with Walk-Out Basement on a Quiet Street - Minutes to Town & Marinas. This modest yet solid 4-season home offers a fantastic opportunity to build equity. Set on a generous lot in a peaceful neighbourhood, it's the perfect fit for those seeking value, versatility and a great location. The main level features a functional layout with main floor laundry, 2 bedrooms and 2 bathrooms and lots of windows that bring in plenty of natural light. The sliding glass doors allow you to step out of the living room to enjoy the expansive deck --ideal for relaxing or entertaining in the warmer months. Thermal windows and the central vacuum system are great added features. Municipal water. Natural gas is in the house. The large finished walk-out lower level with a 3-pc bathroom provides additional living space, perfect for extended family, guests or a potential in-law suite. The large window makes it nice and bright while the gas fireplace keeps it cozy. An attached garage, paved driveway and two sheds offer added convenience and storage. Located just minutes from shopping in Penetanguishene and Midland, and close to local marinas, this home is ideal for year-round living or a weekend retreat. With a bit of vision and some updates, this property could truly shine.

  OPEN HOUSE

Key Info

  • Bungalow Detached
  • 4-Car Driveway
  • 1-Car Attached Garage
  • Robert Street and Champlain Road
  • 700-1100 Approximate Sq Feet
  • 31-50 Years Approximate Age
  • 1 Kitchen
  • Baseboard Electric Heating
  • No A/C

Property

  • Lot Size 120 x 120 Feet
  • < .50 Acreage
  • Wood/Vinyl Siding Exterior
  • Taxes were $3,238 in 2025
  • Possession: TBD

Details

  • Fireplace
  • No Family Room
  • Central Vacuum
  • Septic Tank
  • Municipal Water
  •  
  • MLS #S12279517
  • Buy The Shores of Georgian Bay Realty Inc.

Extras

Room Floor Dimensions Details
1 Kitchen Main 12.01' x 7.51' Galley Kitchen
2 Other Lower 9.74' x 6.27' Hot Tub
3 Other Lower 7.97' x 11.25' Combined with Family
4 Bathroom Main 12.01' x 4.76' 4-PieceEnsuite
5 Bathroom Main 6.99' x 4.76' 4-PieceBath
6 Bathroom Lower 7.74' x 10.50' 3-PieceBath
Washroom2 4-Piece Bathrooms on Main Floor
Washroom1 3-Piece Bathroom on Lower
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Schools
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Public Catholic French
Primary
Middle
Secondary
Primary
Middle
Secondary
French Immersion Public
Commute

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Amenities
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0 Dog Parks
0 Daycares
0 Groceries
0 Coffee Spots
0 Restaurant/Bars
0 Park/Rec/Gyms
0 Hospitals
0 Libraries
0 Places of Worship
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Who lives here?

Penetanguishene, Penetanguishene is a north GTA neighbourhood.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Penetanguishene  (0.9)

Singles

44% of residents are
single and loving it.

44% singles

Penetanguishene (44%)

Renters

31% of residents
are renters.

31% renters

Penetanguishene (31%)

Education

15% of residents are
university grads.

15% university grads

Penetanguishene (15%)

Income

Average Household Income

$94K

is the average household
income in the neighbourhood.

Penetanguishene  ($94K)

Professions

Professions
Sales 12%
Trades 11%
Government 7%
Health 6%
Management 6%

Immigrants

6% of residents were
born outside of Canada.

6% immigrants

Penetanguishene (6%)

Birthplace - All

UK was once home to 2.3% of immigrants.
Germany 0.8%
Netherlands 0.5%
USA 0.3%
Caribbean 0.3%

2.3% from UK
All-time

Foreign Languages

Foreign Languages
French 11%
German 1%

Religions

Religions
Christian 79%