New Listing
$499,900
 $2,684 est/mo Sourced by Back At You

10 Water Street,Penetanguishene, ON L9M 1V6

Penetanguishene, ON L9M 1V6

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Description

Legal Duplex Steps from Downtown, Waterfront Park and Rotary Trail!An excellent opportunity for investors or those looking to live in one unit while generating rental income from the other! Plumbing, electrical and roof all redone in 2015 - not your regular rental unit! The main floor unit, currently vacant, features high ceilings, two generously sized bedrooms, a bright living room, kitchen, and 4pc bathroom. Don't forget the enclosed front porch, lower deck, large closets and shared Laundry.The upper unit offers a bright, kitchen with granite countertops and open-concept living area, one bedroom, and 3pc bathroom. Enjoy a coffee on the screened in upper deck while watching the boats in Penetanguishene Harbour.Outside, the large backyard provides plenty of room to relax, garden, or entertain, ample parking at both the front and rear of the property offers added convenience for both units. The unfinished basement provides an abundance of storage space, complemented by a rear storage shed for additional outdoor equipment.Enjoy the convenience of being within walking distance of downtown Main st., restaurants, waterfront parks, and the Town Dock. Whether you're expanding your investment portfolio, looking for a multi-generational living arrangement, or seeking a home with income potential - this is it !

Details

MLS #S14133898
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusSold Conditional
Year0
Days On Site7
Listing Provided ByReal Broker Ontario Ltd. | S14133898 563605

Features

Bed(s)3
Bath(s)2
BasementY
Story(s)2
Acreage0.17
Property ViewDowntown, Water, Bay

Interior

Interior FeaturesCarpet Free, In-Law Capability, Storage, In-Law Suite, Separate Heating Controls
CoolingCentral Air
Heat SourceGas
Fireplace Yes / NoNo

Exterior

Exterior FeaturesDeck, Privacy, Porch, Year Round Living
RoofAsphalt Shingle
Foundation DetailsStone, Concrete Block
TopographySloping
ViewDowntown, Water, Bay
Construction MaterialsStucco (Plaster)
Security FeaturesSmoke Detector, Carbon Monoxide Detectors

Parking

Garage Yes / NoNo
Parking FeaturesPrivate, Front Yard Parking

Utilities

SewerSewer

Taxes

Tax Annual Amount4468
Tax Assessed Value265000
Tax Legal DescriptionPT LT 3 S/S WATER ST PL 9 PENETANGUISHENE PT 1 & 3, 51R1064;
Tax Year2026

Area Information

ProvinceON
CountySimcoe
CityPenetanguishene
Postal CodeL9M 1V6
AreaPenetanguishene
Listing VS Median (in L9M 1V6)
Price:
$499,900
low | high
Med:
$0
On site:
7
low | high
Med:
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountySimcoe
CityPenetanguishene
Postal CodeL9M 1V6
AreaPenetanguishene
Listing VS Median (in L9M 1V6)
Price:
$499,900
low | high
Med:
$0
On site:
7
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $374K - $624K
sqft: 0 - 0
Listing Updated: November 4, 2026 at 5:24:35 PM PST