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3 Beds
2 Baths

C$499,900

10 Water Street, Penetanguishene ON, L9M 1V6

Property typeMulti-family

Overview

Active

New

Listed Oct 30, 2026

Updated 2 days ago

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 !

Additional information

MLS® ID
S14133898

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$4,468
Tax Frequency
Annually
View
Yes

 

Courtesy of Listed by , Real Broker Ontario Ltd.,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 4:19 AM UTC, 10/31/2026

 

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