Listed by Re/Max Georgian Bay Realty Ltd.

42 Water Street is a Detached, 2 1/2 Storey and is currently for Sale @ $865,000. Taxes in 2025 were $4,056.00.

More homes for sale under 900k in Penetanguishene

Multi-Use 2,700 Sq. The 2 1/2 Storey on 42 Water Street has 5 bedrooms, 4 bathrooms, and is located on a 204.85 x 54.29 ft lot in the community of Penetanguishene . Ft. Home with Panoramic Georgian Bay Views!This spacious 2,700 sq ft property offers incredible versatility with a 4-bedroom main home and a separate 1-bedroom legal apartment - perfect for extended family, rental income, or a home-based business. Featuring two 200-amp services, a heated shop, and separate electrical panels, this home is built for flexibility and function. The large eat-in country kitchen boasts custom cabinetry and an outstanding, unobstructed view of Georgian Bay. Outside, enjoy two driveways, rear parking with year-round laneway access, and a fully legal shop and apartment. Ideally located close to schools, Foodland, parks with splash pad, and beautiful walking trails, this property offers a rare blend of space, convenience, and Georgian Bay charm.

2 fridges, 2 stoves, 2 washers, 2 dryers, dishwasher, microwave, heater in garage, woodstove, gazebo, light fixtures, window coverings, island in kitchen,

The address 42 Water Street was listed for sale (MLS# S12485958) on Monday, October 27, 2025.