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. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to this versatile raised bungalow in Penetanguishene, offering an excellent opportunity for homeowners, investors or those seeking multi-generational living! The main level offers a functional layout and features an open-concept kitchen, living and dining area, three bedrooms and a full bathroom. The attached garage offers convenient inside entry, adding to the home's everyday functionality. The lower level features a separate entrance leading to a spacious two-bedroom apartment, complete with its own kitchen, living and dining areas, full bathroom and laundry facilities. This flexible layout offers fantastic income potential, with the opportunity to offset mortgage costs or comfortably accommodate extended family. There is a second hydro meter installed for second unit that is currently inactive, as well as an existing electrical hydro hook up for a generator. Outside, the fully fenced backyard and deck provide a great space for relaxing, entertaining and enjoying the outdoors. With five bedrooms, two full bathrooms and two distinct living spaces, this property offers a wonderful combination of comfort, versatility and investment potential in the welcoming community of Penetanguishene.
Property Details
Listing
MLS® number
S14087856
Status
For Sale
Listed
Oct 15, 2026
Last updated
Oct 19, 2026
Possession
Flexible
Building
Type
Detached
Style
Bungalow-Raised
Approx. age
Not provided by brokerage
Approx. size
1,100–1,500 ft²
Basement
Full, Finished, Apartment, Walk-Up
Lot
Frontage
64.96 ft
Depth
111.55 ft
Lot area
≈ 7,246 ft² (calculated)
View
South
Community
Penetanguishene
Parking & utilities
Garage
Attached, Garage, 1 space
Driveway
Private Double, 4 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$3,463 / 2025
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
RE/MAX Georgian Bay Realty Ltd
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 3
Bedrooms below grade: 2
Kitchens: 1 above grade · 1 below grade
Basement: Full, Finished, Apartment, Walk-Up
Heating: Forced Air
Cooling: Central Air
Exterior
Pool features: None
Property features: Fenced Yard, Level, Park, Rec./Commun.Centre
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,383/mo
Mortgage (principal + interest)$2,095
Property taxFrom listing: $3,463/yr$289
Minimum $30,990 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$111,980
Ontario land transfer taxProvincial brackets, no first-time refund$7,673
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$122,453
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Penetanguishene has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. 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.
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
