$450,000

For sale

15 Jennings Drive, Penetanguishene - Single Family for Sale

15 Jennings Drive, Penetanguishene, Ontario, L9M1K1

3 beds1 bath3 parking1,300 ft²38 × 121 ft (4,589 sq ft) lot sizeListed 23 days ago

Overview

This 3-bedroom, 1-bathroom home in Penetanguishene is for sale offering roughly 1,300 sq ft of space. Listed at $450,000, it is attractively priced about 35% below the $689,777 median asking price in Penetanguishene. It has been on the market 23 days, fresher than the Penetanguishene average of 66 days.

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Description

Welcome to this charming two-storey semi-detached home, offering the comfort, privacy, and feel of a detached property. The home is uniquely connected to the neighbouring residence only by the garage.This well-maintained 3-bedroom, 1-bathroom home features a bright eat-in kitchen and a number of recent updates, including luxury vinyl flooring in the living room (2022), a furnace with a smart thermostat (2021), and a stainless-steel dishwasher (2023).Ideally located in the welcoming community of Penetanguishene, this home is just a 5-minute drive to the shores of Georgian Bay and approximately 10 minutes to Midland, offering convenient access to local amenities, recreation, shopping, and waterfront attractions.A wonderful opportunity for first-time buyers, downsizers, or investors seeking a comfortable home in a desirable Georgian Bay community. (id:66096)

Property Details

MLS®: S14004546
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 38 × 121 ft (4,589 sq ft)
Frontage: 38 ft
Storeys: 2
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $3,005/yr
Listed: 23 days ago

Rooms

Main level

Living room: 5.95 x 5.38 meters
Kitchen: 5.95 x 4.46 meters

Second level

Primary Bedroom: 4.73 x 3.46 meters
Bedroom: 2.91 x 2.64 meters
Bedroom: 3.68 x 2.71 meters
Bathroom: 2.09 x 2.71 meters

Basement

Family room: 5.54 x 4.2 meters
Laundry room: 5.54 x 5.9 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Freezer, Hood Fan, Window Coverings
Flooring: Laminate, Vinyl
Foundation: Poured Concrete
Exterior: Vinyl siding
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

23d

Penetanguishene listings, avg age

66d

Price / ft²

$346

List price

$450K

Haho

This 3-bed single family in Penetanguishene has been listed for 23 days, which is 43 days fresher than the city average of 66. Act while there is still low competition.

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Listed by HOMELIFE REGIONAL REALTY LTD. · CHRISTIAN FREITAS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9M)

This home lists at $450,000, about 5.9× the local median household income of $76,000.

Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — roughly 16% above the area median.

Median household income: $76,000
Population: 16,607
Median age: 53.2
Owner / renter: 83% / 17%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L9M)

$450,000· $346/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,500

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,100 capitalized)

Property tax (est.)$250/mo

Total monthly$2,621

Cash Needed to Close

Down payment (5%)$22,500

Land transfer tax$5,475

Est. closing costs$3,850

Total cash needed$31,825

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