$710,000

For sale

40 Marchand Drive, Penetanguishene - Single Family for Sale

40 Marchand Drive, Penetanguishene, Ontario, L9M2H9

4 beds3 baths4 parking1,300 ft²60 × 121 ft (7,260 sq ft) lot sizeListed 10 days ago

Overview

This 4-bedroom, 3-bathroom home in Penetanguishene is for sale offering roughly 1,300 sq ft of space. Its $710,000 asking price sits right in line with the $689,777 median in Penetanguishene. It has been on the market 10 days, fresher than the Penetanguishene average of 66 days.

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Description

All brick bungalow. Updated kitchen with new appliances and countertops and back splash. 2 bedrooms up, 2 bedrooms down, 3 bath. Finished basement with media room. New furnace in 2025. The home features a covered porch on the front, open concept and deck off the back from the kitchen area. Double car garage. This property includes a monthly fee of $305.00 to cover the Park Place Recreation Association Membership which gives access to an indoor pool, exercise room, party room, library & billiards room plus grass cutting and snow removal. This home is within walking distance to Georgian Bay, close to many golf courses, marinas, Penetanguishene town dock, Rotary Park, cycling routes, stores, theatre, restaurants. Bungalows in this area (with grass and snow removal service and clubhouse membership) rarely come available. Don't wait. (id:66096)

Property Details

MLS®: S14115792
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 60 × 121 ft (7,260 sq ft)
Frontage: 60 ft
Storeys: 1
Style: Bungalow
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Pool: Yes
Ownership

Rooms

Ground level

Bedroom: 3.89 x 3.89 meters
Great room: 8.03 x 3.51 meters
Kitchen: 6.6 x 3.48 meters

Main level

Bedroom 2: 2.59 x 2.79 meters
Laundry room: 2.84 x 1.52 meters

Basement

Bedroom 3: 3.53 x 4.83 meters
Bedroom 4: 3.73 x 3.71 meters
Family room: 4.52 x 6.55 meters
Bathroom: 1.5 x 1.5 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, Water meter, Water purifier, Water softener, Central Vacuum, Dishwasher, Stove, Dryer, Microwave, Water Treatment, Garage door opener, Garage door opener remote(s), Water Heater
Flooring: Hardwood
Foundation: Block
Exterior: Brick
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

10d

Penetanguishene listings, avg age

66d

Price / ft²

$546

List price

$710K

Haho

This 4-bed single family in Penetanguishene has been listed for 10 days, which is 56 days fresher than the city average of 66. Act while there is still low competition.

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Listed by Century 21 B.J. Roth Realty Ltd · JUDY WELDEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9M)

This home lists at $710,000, about 9.3× the local median household income of $76,000.

Carrying it typically needs a household income of about $138,688 (20% down, 25-yr amortization, stress-tested) — roughly 82% 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)

$710,000· $546/ft²

For sale

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Full Cost Breakdown

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Down Payment6.48% · $46,000

Min 6.48%50%

Mortgage payment$3,681/mo

↳ CMHC premium ($26,560 capitalized)

Property tax (est.)$414/mo

Total monthly$4,095

Cash Needed to Close

Down payment (6.48%)$46,000

Land transfer tax$10,675

Est. closing costs$4,630

Total cash needed$61,305

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