

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$499,900
Penetanguishene
10 Water Street, Penetanguishene, Ontario, L9M1V6
This multi-family property in Penetanguishene is for sale offering roughly 1,750 sq ft of space. It has been on the market 5 days, fresher than the Penetanguishene average of 66 days.
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 ! (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 5 days on market, against an average age of 66 days across the listings currently for sale in this city
This 3-bed multi-family in Penetanguishene has been listed for 5 days, which is 61 days fresher than the city average of 66. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,900, about 6.6× the local median household income of $76,000.
Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 28% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9M)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.