32 Maria Street, Penetanguishene, ON L9M 1L7
Penetanguishene · Near Main & Edward · View map
About this home
Fantastic Investment Opportunity or Live-In Income Property in Penetanguishene! Welcome to 32 Maria Street, a well maintained multiplex offering excellent potential for both first time buyers and seasoned investors. Featuring three one-bedroom units, this property offers a fantastic opportunity to generate rental income while building equity. Two units are currently tenanted, while the third is vacant and ready for its next occupant. Looking to get into the market? Live in one unit and let the rental income from the other two help supplement your mortgage payments, or secure your own A+ tenant to maximize your investment potential. Outside, you'll find ample parking for 8+ vehicles, a detached garage/storage shop that was previously used as a personal workshop, plus additional storage space ideal for housing lawn care and snow removal equipment. Whether you're looking to expand your investment portfolio or take your first step into homeownership with the added benefit of rental income, this versatile property is full of opportunity. Don't miss your chance to explore the possibilities here!
The home
- Type
- Multiplex
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 3
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 11
- Basement
- Partially Finished
- Lot size
- 49.4 x 166.5 ft
- Faces
- North
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Aluminum Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Water
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 2
- Driveway spaces
- 8
- Total parking
- 8
Taxes & other
- Property taxes
- $3,953/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- flexible
- Cross street
- Main & Edward
- Neighbourhood
- Penetanguishene
More
- Price per sq ft
- ~$293 (at 2,250 sq ft)
- MLS® number
- S14106278
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The home and its surroundings
- Water Heater Owned
- 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.
32 Maria Street, Penetanguishene, ON L9M 1L7
Penetanguishene · Near Main & Edward
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Listing history for 32 Maria 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 32 Maria Street
Answers come straight from this home’s MLS® listing.
How much is 32 Maria Street listed for, and what would it cost each month?
32 Maria Street is listed for $659,900. With 20% down ($131,980), the mortgage payment would be roughly $2,662 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,991 a month, all in. That figure is an illustration, not a quote.
Is 32 Maria Street freehold or a condo, and is there a monthly fee?
32 Maria Street is a multiplex 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 32 Maria Street have?
32 Maria Street has 3 bedrooms and 3 bathrooms. The listing gives the style as 2-storey.
Does 32 Maria Street have a garage and parking?
Yes. The listing shows the garage as detached, with room for 2 cars. The driveway adds 8 spaces. In total the listing counts 8 parking spaces.
Does 32 Maria Street have a finished basement?
The listing describes the basement as partially finished. Finished basement space is usually not counted in the square footage shown.
What style of home is 32 Maria Street?
32 Maria Street is a multiplex. 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 32 Maria Street, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 49.4 x 166.5 ft.
How is 32 Maria Street heated and cooled?
Heating is water (gas). The listing does not show air conditioning.
What are the property taxes for 32 Maria Street?
Property taxes are $3,953 a year (2025), or about $329 a month.
Where is 32 Maria Street?
32 Maria Street is in Penetanguishene. The nearest main intersection is Main & Edward. The postal code is L9M 1L7.
Is 32 Maria Street still for sale?
Yes. It is an active listing (MLS® S14106278). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 32 Maria Street asking?
Similar properties for sale nearby right now include 10 Water Street at $499,900 (3 bed), 51 Beck Boulevard at $649,900 (3+1 bed) and 14 Hewson Street at $699,000 (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 32 Maria 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 32 Maria 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.
Duplex$499,90010 Water Street, Penetanguishene3 bed · 2 bath · PenetanguisheneCourtesy of: Real Broker Ontario Ltd.View home →
Detached home$649,90051 Beck Boulevard, Penetanguishene3+1 bed · 2 bath · PenetanguisheneCourtesy of: FARIS TEAM REAL ESTATE BROKERAGEView home →
Detached home$699,00014 Hewson Street, Penetanguishene3 bed · 2 bath · PenetanguisheneCourtesy of: EVEREST REALTY LTD.View home →Courtesy of: Royal LePage In Touch Realty
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.