101 McArthur Drive, Penetanguishene, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $1,690,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 100 x 200 ft lot
- Features a walk-out, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Generator - Full
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Top 5 Reasons You Will Love This Home: 1) Breathtaking water views from nearly every corner of the property, including the great room, bedrooms, multiple decks and patios, and even both bunkies 2) Ideal waterfront setup with a shallow beach area for easy access, a boathouse with marine rail system, and a dock offering over 6' of depth at the end 3) Completely custom-renovated cottage between 2018 and 2022, featuring an addition and all-new roof, windows, doors, insulation, and more 4) Impressive great room with a soaring vaulted ceiling, a wood-burning stone fireplace, transom windows, and a skylight that fills the space with natural light 5) A variety of outdoor spaces designed for relaxation or entertaining, enjoy the hot tub, a covered patio with an outdoor shower, elevated seating with glass railings and gas barbeque, or the open lawn for games and gatherings. 1,206 above grade sq.ft. plus an unfinished basement. Visit our website for more detailed information.
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Property Summary
This detached home located at 101 McArthur Drive, Penetanguishene is currently for sale and has been available on SousaSells for 395 days. This property is listed at $1,690,000 with an estimated mortgage of $5,625* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 101 McArthur Drive, Penetanguishene is in the Penetanguishene neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Generator - Full
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 101 McArthur Drive, Penetanguishene, ON L9M 1X3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Penetanguishene, ON
For a property listed at $1,690,000 in Penetanguishene, the legal minimum down payment is $338,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $30,275 for this transaction. As this listing is in Penetanguishene (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $30,275.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.