Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $449,900 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.
Top 5 Reasons You Will Love This Home: 1) Full of timeless charm and character, this beautifully restored gem delivers classic finishes and thoughtful updates while offering far more space than first meets the eye, from the inviting kitchen to the covered porch perfect for relaxing mornings or evenings; every corner feels warm, welcoming, and full of personality 2) Show-stopping dining room, featuring a soaring 12' ceiling, picturesque tin detailing, and elegant wainscoting that create a space guaranteed to impress guests and make every gathering feel special 3) Spacious and versatile primary bedroom featuring multiple access points and an adjoining den complete with built-in drawers and storage, while also offering excellent potential to easily convert the home into a desirable three-bedroom layout if desired 4) Situated on a rare large double lot, the property provides an exceptional outdoor setting with plenty of room for evening fires, entertaining family and friends, or adding a future garage while still maintaining generous yard space 5) Ideally located in the heart of Penetanguishene, home is close to the waterfront, parks, shopping, restaurants, marinas, and scenic waterfront bike trail, with much of what you need conveniently within walking distance. 1,316 above grade sq.ft. plus an unfinished basement.
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Park, Marina
None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 16 Peel Street, Penetanguishene, ON L9M 1A6
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 $449,900 in Penetanguishene, the legal minimum down payment is $22,495 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 $5,473 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 $5,473.
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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.