This property was sold on May 26, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium brick and cedar construction, this residence presents an exceptional opportunity offered at $849,900 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.
NEW HIGH-EFFICIENCY FURNACE. A rare find at this price. This custom-built home boasts a detached 2-car garage & carport connected to the main house by breezeway, providing convenience and shelter. The beautifully landscaped yard offers a park like feeling within town and features an expansive deck, charming gazebo, greenhouse, raised gardens, backing onto a serene forest for unparalleled privacy. Upon entering, you're welcomed by a slate-tiled foyer that leads into a spacious family room with soaring cathedral ceilings and wide-plank, engineered hardwood flooring. The staircase ascends to the loft bedroom with a 3-pc bathroom and walk-in closet (great office space). The dining room flows seamlessly into the kitchen, which is adorned with quartz countertops, abundant pot lights, and modern cabinetry. Adjacent to the kitchen is a cozy living room with a gas fireplace and engineered hardwood flooring that extends into the hallway leading to a two-piece bathroom, two additional well-sized bedrooms, and a three-piece bathroom with a walk-in shower. The primary bedroom features a large walk-in closet, an ensuite bath with a Jacuzzi tub, and elegant large baseboards. The spacious laundry room includes a folding area, & a separate large storage pantry complete the main living spaces. The basement offers even more versatility, with a cold storage room that connects to the detached garage, a bedroom, a workout room, & a multi-purpose space that could serve as a music room or TV room. The expansive recreation area is finished with Shaw high-end vinyl flooring, and there is ample storage throughout. This meticulously maintained home includes a furnace room, a water softener. Every detail has been thoughtfully considered this home is move-in ready and sure to impress! Penetanguishene provides a blend of natural beauty, historical significance, and a welcoming community atmosphere, making it an attractive place to live for those seeking a more relaxed and fulfilling lifestyle.
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This detached home located at 1450 Margaret Crescent, Penetanguishene is currently for sale and has been available on SousaSells for 501 days. This property is listed at $849,900 with an estimated mortgage of $2,829* per month. It has 5 beds, 4 bathrooms, and is 2500-3000 square feet. 1450 Margaret Crescent, Penetanguishene is in the Penetanguishene neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Beach, Golf, Hospital, Library, Park, Public Transit
Auto Garage Door Remote, Water Heater Owned, Water Meter, Water Purifier, Water Softener
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1450 Margaret Crescent, Penetanguishene, ON L9M 2B3
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 $849,900 in Penetanguishene, the legal minimum down payment is $59,990 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 $13,473 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 $13,473.
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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.