$499,900
5.37 BTC
Photos
10 Water Street, Penetanguishene
$499,900
PRICE
3
BEDROOMS
2
BATHROOMS
S14133898
MLSID

10 Water Street, Penetanguishene

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 !
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Summary

Address
10 Water Street
MLSID
S14133898
Property Type
Duplex
Property Category
Bedrooms
3
Bathrooms
2
Kitchens
2
Zoning
R3
Taxes (Annual)
$4,468.00
Tax Year
2026
Published
October 30, 2026
Days on Market
10 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

Main Unit: Fridge, Stove, Microwave, Dishwasher. Washer & Dryer. Unit 2: Fridge, Stove, Dishwasher

Exclusions

Tenant Belongings

Details

Property Features
Golf, Hospital, Marina, Park, Public Transit, Rec./Commun.Centre
Security Features
Smoke Detector, Carbon Monoxide Detectors
Bathroom 1
4-Piece Main Level
Bathroom 2
3-Piece Upper Level
Basement
Unfinished, Exposed Rock
Exterior Features
Deck, Privacy, Porch, Year Round Living
Interior Features
Carpet Free, In-Law Capability, Storage, In-Law Suite, Separate Heating Controls
Parking Spaces
5
Parking Total
5
Parking Features
Private, Front Yard Parking
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Stucco (Plaster)
Lot Size
0 Acres
Lot Width
49 Feet
Lot Depth
155 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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