$865,000Asking Price
42 Water Street, Penetanguishene, ON L9M 1M9
Penetanguishene, Penetanguishene
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.
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.
See MoreKey Info
- 2.5-Storey Detached
- 4-Car Driveway
- 3-Car Attached Garage
- Owen and Scott
- 700-1100 Approximate Sq Feet
- 100+ Years Approximate Age
- 2 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 54.29 x 204.85 Acres
- Brick/Vinyl Siding Exterior
- Taxes were $4,056 in 2025
- Possession: 30 day min closing
Details
- Fireplace
- Family Room
- Inground Pool
- Sewers
- Municipal Water
- MLS #S12485958
- RE/MAX Georgian Bay Realty Ltd
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 12.34' x 11.48' | |
| 2 | Breakfast | Main | 12.34' x 11.78' | |
| 3 | Laundry | Main | 5.51' x 9.61' | |
| 4 | Bathroom | Main | 3.71' x 6.96' | 2-PieceBath |
 | 1 2-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom | |||
| 1 4-Piece Bathroom | |||
| 1 4-Piece Bathroom | |||
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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.
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.
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
2.3% from UK
All-time
Foreign Languages
Foreign Languages
| French | 11% |
| German | 1% |
Religions
Religions
| Christian | 79% |
