This property was sold on November 29, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable vacant land located in the coveted neighborhood of Penetanguishene. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,600,000 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.
One of a kind 2 acre waterfront property on Georgian Bay with 252 ft of frontage. The private beach is the perfect place to gather with friends and family year round either boating, swimming, snowmobiling or a peaceful bonfire. If you have been waiting for a special waterfront lot to build the house of your dreams... Here it is. Located in an upscale neighborhood minutes from town 1.5 hours to Toronto. With only one Neighbour and acres of crown land on the other side the privacy is assured. The incredible price includes a spectacular design from a prestigious Costa Rican/Canadian firm. The homes are intended to be a seamless connection with nature and embrace the landscape’s stunning water and forest views. The property is regularly graced by the presence of a Bald Eagle. A sign that it is a very special place.
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This vacant land located at 114 GILWOOD PARK Drive, Penetanguishene is currently for sale and has been available on SousaSells for 596 days. This property is listed at $1,600,000 with an estimated mortgage of $5,326* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 114 GILWOOD PARK Drive, Penetanguishene is in the Penetanguishene neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 114 GILWOOD PARK Drive, Penetanguishene, ON L9M 1Z6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Penetanguishene.
About Purchasing a Home in Penetanguishene, ON
For a property listed at $1,600,000 in Penetanguishene, the legal minimum down payment is $320,000 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 $28,475 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 $28,475.
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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.