NEW PRICE! Waterfront living just became affordable! Rare four-season waterfront opportunity on sought-after Penetang Bay now offered at an incredible value of 499,000. The property dimensions (from geowarehouse) are 44.43 ft x 124.88 ft x 55.51 ft x 147.25 ft. irregular lot. The waterfront is sandy and a break wall is in place. The property represents the perfect canvas for buyers, investors or builders looking for a 'diamond in the rough' with direct water access. So much is already done, as this property has a working septic, well, electricity, electric baseboard heaters, a wood stove in the 750 sq foot 1 bedroom home/cottage on piers. It has a kitchen, utility room with laundry, 100 amp electric service and recently updated 3 piece bathroom. Whether you are looking for an affordable weekend retreat, a year-round home project, or a high-potential investment property, this entry-level waterfront price tag is hard to beat. The municipal road is plowed in the winter. There are only a few homes on the road with a municipal park at the end of the road. Only 90 minutes from Toronto. Don't wait.