45 WATER STREET
Toronto · L9M1M8
$874,900
About this residence
Luxury Waterview, Legal Duplex, Prime Investment Opportunity Discover Refined Waterfront Living And Exceptional Income Potential In The Heart Of Historic Penetang. This Stunning Duplex At 45 Water Street Offers Panoramic Views Of Georgian Bay, Blending Timeless Charm With Modern Comfort. Property Highlights Breathtaking Water Views. Wake Up To Sparkling Bay Vistas From Spacious, Sun-Filled Principal Rooms And Private Outdoor Living Areas. Amazing Indoor/Outdoor Flow Opening Onto Decks And Patios. Thoughtfully Designed Duplex. Two Self-Contained Residences, Each Featuring Generous Living Space, Updated Kitchens, And Stylish Finishes Throughout. Turn-Key Investment. Strong Rental Demand In A Sought-After Waterfront Location; Ideal For Investors Seeking Reliable Income Or Owner-Occupants Looking To Offset Expenses. Premium Location. Steps To Downtown Boutiques, Dining, Marinas, And The Scenic Penetanguishene Waterfront Trail. Minutes To Regional Amenities And Year-Round Recreation. Features Open-Concept Layouts With Abundant Natural Light Private Balconies/Patios Overlooking The Water In-Suite Laundry (Both Units) And Dedicated Parking Low-Maintenance Landscaping Why Penetanguishene? A Vibrant Harbour Town With A Rich Maritime Heritage, Penetanguishene Offers An Unparalleled Lifestyle,Boating, Beaches, And Small-Town Warmth, All Within Easy Reach Of The GTA. An Exceptional Opportunity For Discerning Buyers And Investors. Experience Waterfront Luxury And Proven Income In One Remarkable Property. **This Property Has Been Extensively Renovated Including New Roof, Upgraded Insulation, Kitchen, Engineered Floors, Built In Cupboards, Custom Blinds, Heat Pumps For Both Units (AC), Front Porch, Bathrooms, Appliances, Etc...** (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 3 (2 above, 1 below)
- Bathrooms
- 2
- Storeys
- 1
- Living area
- 700–1,100 sq ft
- Lot size
- 59.7 x 75 FT
- Frontage
- 59.8 feet
- Parking
- 4 spaces
- Fireplace
- 1
- Annual tax
- $4,672
- MLS®
- S13120684
- Board
- Toronto
- Status
- Active
- Listed
- May 13, 2026
- Updated
- May 24, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 3.7 × 5.7 m |
| Laundry room | Lower level | 1.06 × 7.11 m |
| Foyer | Lower level | 1.1 × 2 m |
| Living room | Main level | 3.3 × 4.3 m |
| Bedroom | Main level | 3.8 × 3.5 m |
| Bedroom | Main level | 2.7 × 3.5 m |
| Bathroom | Main level | 2.2 × 2.2 m |
| Foyer | Main level | 1.85 × 3.47 m |
| Kitchen | Lower level | 5.2 × 2.77 m |
| Family room | Lower level | 3.1 × 6.37 m |
| Bedroom | Lower level | 3.32 × 3.5 m |
| Bathroom | Lower level | 2.46 × 3.29 m |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dryer
- Stove
Heating
- Forced air
- Heat Pump
- Natural gas
Basement
- Full
- Finished
- Walk out
- Separate entrance
- Apartment in basement
Exterior
- Vinyl siding
Foundation
- Concrete
Parking
- No Garage
Lot
- Irregular lot size
- In-Law Suite
- Carpet Free
Sewer & Utilities
- Sanitary sewer
- Wireless
Views
- Direct Water View
- Unobstructed Water View
Architecture
- Raised bungalow
Financing
Estimated monthly payment
$4,092/mo
Loan amount
$699,920
Down payment
$174,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Toronto
Nearby
About the area
Census · L9M- 16,607
- Population
- 53
- Median age
- $76,000
- Median income
- $580,000
- Median home value
- 83%
- Home ownership
- 25 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 45 WATER STREET?
45 WATER STREET is listed for $874,900, in Toronto.
How many bedrooms and bathrooms does 45 WATER STREET have?
It offers 3 bedrooms and 2 bathrooms.
What type of home is 45 WATER STREET?
45 WATER STREET is a Single Family, House set over 1 storey.
How large is 45 WATER STREET?
The home offers approximately 700–1,100 sq ft of living space on a lot measuring 59.7 x 75 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $4,092. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $4,672 per year.
Is there parking?
Yes — 45 WATER STREET includes 4 parking spaces.
What is the Toronto area like?
Toronto has a population of about 16,607, a median age of 53, a 83% home-ownership rate, with an average commute of about 25 minutes.
What is the average home value in Toronto?
The median dwelling value in this area is approximately $580,000, based on census data via Neighbourly.
What is the median household income in Toronto?
The median household income in this area is approximately $76,000.
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