10 Water Street, Penetanguishene, ON L9M 1V6
Penetanguishene · Near Water St & Main St. · View map
About this home
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 !
The home
- Type
- Duplex
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 12
- Basement
- Unfinished, Exposed Rock
- Lot size
- 48.6 x 155.4 ft
- Faces
- South
- View
- Downtown, Water, Bay
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Smoke Detector, Carbon Monoxide Detectors
- Exterior
- Stucco (Plaster)
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 5
- Total parking
- 5
- Parking features
- Private, Front Yard Parking
Taxes & other
- Property taxes
- $4,468/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- flexible
- Cross street
- Water St & Main St.
- Neighbourhood
- Penetanguishene
More
- Price per sq ft
- ~$286 (at 1,750 sq ft)
- MLS® number
- S14133898
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The home and its surroundings
- Carpet Free
- In-Law Capability
- Storage
- In-Law Suite
- Separate Heating Controls
- Golf
- Hospital
- Marina
- Park
- Public Transit
- Rec./Commun.Centre
- Deck
- Privacy
- Porch
- Year Round Living
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
10 Water Street, Penetanguishene, ON L9M 1V6
Penetanguishene · Near Water St & Main St.
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Listing history for 10 Water Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 10 Water Street
Answers come straight from this home’s MLS® listing.
How much is 10 Water Street listed for, and what would it cost each month?
10 Water Street is listed for $499,900. With 20% down ($99,980), the mortgage payment would be roughly $2,016 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,389 a month, all in. That figure is an illustration, not a quote.
Is 10 Water Street freehold or a condo, and is there a monthly fee?
10 Water Street is a duplex in Penetanguishene. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 10 Water Street have?
10 Water Street has 3 bedrooms and 2 bathrooms. The listing gives the style as 2-storey.
Does 10 Water Street have a garage and parking?
The listing does not show a garage. The driveway adds 5 spaces. In total the listing counts 5 parking spaces.
Does 10 Water Street have a finished basement?
The listing describes the basement as unfinished, exposed rock.
What style of home is 10 Water Street?
10 Water Street is a duplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 10 Water Street, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 48.6 x 155.4 ft.
How is 10 Water Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 10 Water Street?
Property taxes are $4,468 a year (2026), or about $372 a month.
Where is 10 Water Street?
10 Water Street is in Penetanguishene. The nearest main intersection is Water St & Main St.. The postal code is L9M 1V6.
Is 10 Water Street still for sale?
Yes. It is an active listing (MLS® S14133898). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 10 Water Street asking?
Similar properties for sale nearby right now include 44 Peel Street at $449,900 (3 bed), 19 Bridle Road at $559,900 (3+2 bed) and 4 Dunlop Street at $564,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 10 Water Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 10 Water Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Penetanguishene, picked by style, size and price.
Detached home$449,90044 Peel Street, Penetanguishene3 bed · 2 bath · PenetanguisheneCourtesy of: RE/MAX HALLMARK PEGGY HILL GROUP REALTYView home →
Detached home$559,90019 Bridle Road, Penetanguishene3+2 bed · 2 bath · PenetanguisheneCourtesy of: RE/MAX Georgian Bay Realty LtdView home →
Detached home$564,9004 Dunlop Street, Penetanguishene3 bed · 3 bath · PenetanguisheneCourtesy of: Keller Williams Experience RealtyView home →Courtesy of: Real Broker Ontario Ltd.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.