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.
The condition. The property. The location. 59 Broad Street, Penetanguishene delivers it all! Pride of ownership is evident throughout this meticulously maintained two bedroom, one bathroom bungalow. Thoughtfully cared for and truly move in ready, the home offers a bright, welcoming interior with a functional layout. Hardwood flooring extends through the kitchen, living and dining areas, complemented by new window coverings, and a completely renovated 4 piece bathroom. Step outside to a newly fenced backyard featuring a beautiful sitting area that offers peace and privacy. The detached garage includes additional storage space, providing plenty of room for vehicles, tools and recreational equipment. Beyond the fenced portion of the yard, additional outdoor space adds even more flexibility to the property. This home is located in a beautiful, established Penetanguishene neighbourhood close to Discovery Harbour and scenic walking trails along the shores of Georgian Bay. Its manageable footprint, single level layout and completed major updates make it a natural fit for first time buyers or those ready to downsize without compromising on outdoor space, storage or location. Notable updates include a new roof and re-insulated attic in 2024, a new owned furnace and hot water tank in 2023, and updated kitchen appliances. An exceptionally well kept home where the quality of care is immediately apparent.
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$2,336/mo
Mortgage (principal + interest)$2,132
Property taxFrom listing: $2,445/yr$204
Minimum $32,000 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$114,000
Ontario land transfer taxProvincial brackets, no first-time refund$7,875
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$124,675
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.
