Advantage Group Real Estate
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New1 / 32
$499,900
10 Water Street • Penetanguishene, ONNew
Courtesy of Real Broker Ontario Ltd.
3
Bedrooms
2
Bathrooms
1500-2000
Square feet
5
Parking

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 !

Property details

Property type
Duplex
Style
2-Storey
Total rooms
12
Lot size
48.58 × 155.4 ft
Property taxes
$4,468 (2026)
Occupancy
flexible
Days on market
2
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: Oct 30, 2026, 4:02 p.m. EDT via TRREB IDX.

First listed: Oct 30, 2026, 4:02 p.m. EDT.