$865,000
PRICE
5
BEDROOMS
4
BATHROOMS
S12485958
MLSID
42 Water Street, 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.
Summary
Address
42 Water Street
City
Community
Street
MLSID
S12485958
Property Type
Detached
Property Category
Bedrooms
5
Bathrooms
4
Kitchens
2
Zoning
R2
Taxes (Annual)
$4,056.00
Tax Year
2025
Published
October 28, 2025
Days on Market
1 Days
Possession Type
Flexible
Possession Details
30 Day Min Closing
Inclusions
2 fridges, 2 stoves, 2 washers, 2 dryers, dishwasher, microwave, heater in garage, woodstove, gazebo, light fixtures, window coverings, island in kitchen,
Details
Bathroom 1
2-Piece Main Level
Bathroom 2
3-Piece Second Level
Bathroom 3
4-Piece Second Level
Bathroom 4
4-Piece Second Level
Basement
Partial Basement
Exterior Features
Porch, Deck
Interior Features
Accessory Apartment, Water Heater Owned, Water Meter
Parking Spaces
4
Parking Total
7
Architectural Style
2 1/2 Storey
Roof
Shingles, Metal
Construction Materials
Brick, Vinyl Siding
Lot Size
0
Lot Width
54 Acres
Lot Depth
205 Acres
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner+Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX Georgian Bay Realty Ltd