17 CORBEAU Crescent, Penetanguishene, ON

$450,000
MLS#:S10899912
4 beds
1 baths
< 700 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $450,000 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.

  • 4 Bedrooms and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 37.73 x 121.39 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient heating via gas

Description

Welcome to this charming semi-detached bungalow in Penetanguishene. Featuring a convenient layout, this bungalow boasts two bedrooms on the main level and an additional two bedrooms in the recently renovated basement, providing ample space for family living or hosting guests. As you step inside, you'll be greeted by a bright and inviting living area, seamlessly connecting to a kitchen outfitted with brand new appliances. The main floor also includes a 4 piece bathroom and a separate side entrance for access to the backyard, or converting into a secondary unit. The basement, newly renovated, offers a versatile space that can be used as a family room, home office, or in law suite, complete with two additional bedrooms and a 3 piece bathroom. Roof was redone in 2022, ensuring durability and longevity. This semi-detached bungalow is move-in ready, offering a great opportunity for first time home buyers or retirees in the heart of Penetanguishene. Don't miss the opportunity to make this property your new home!

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Property Summary

This detached home located at 17 CORBEAU Crescent, Penetanguishene is currently for sale and has been available on SousaSells for 769 days. This property is listed at $450,000 with an estimated mortgage of $1,498* per month. It has 4 beds, 1 bathroom, and is < 700 square feet. 17 CORBEAU Crescent, Penetanguishene is in the Penetanguishene neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementFinished, Full
Lot Size37.73 × 121.39 Feet
CountySimcoe
Annual Tax$2,610
Legal DescriptionPCL 52-1 SEC 51M355; LT 52 PL 51M355 PENETANGUISHENE; PENETANGUISHENE

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater

Security Features

Community Features

Location

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17 CORBEAU Crescent, Penetanguishene, ON
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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 17 CORBEAU Crescent, Penetanguishene, ON L9M 1J9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Penetanguishene.

Configure Loan Settings

Interest Rate4.00%
Down Payment$135,000 (30.0%)
* Minimum Canadian down payment required for this price is $22,500.
Amortization Period30 Years
Estimated Monthly Payment$1,498Based on a loan of $315,000 over 30 years.
Purchase Price$450,000
Loan Amount$315,000
Provincial Land Transfer Tax:$5,475
Total Estimated Closing Taxes:$5,475

About Purchasing a Home in Penetanguishene, ON

For a property listed at $450,000 in Penetanguishene, the legal minimum down payment is $22,500 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 $5,475 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 $5,475.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Penetanguishene, Penetanguishene.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$718,990

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

James Keating
Public20 Lorne Avenue, Penetanguishene, Ontario, L9M 1B2
2.2
Burkevale
Public39 Burke Street, Penetanguishene, Ontario, L9M 1C4
7.6
St Ann's
Public5 Dunlop Street, Penetanguishene, Ontario, L9M 1J2
6.1
St-Joseph
Public30 Poyntz Street, Penetanguishene, Ontario, L9M 1N4
5.7
Canadian Martyrs
Public7 Bellisle Road, Penetanguishene, Ontario, L9M 1N6
2.0

Secondary Schools

Le Caron
Public22 John Street, Penetanguishene, Ontario, L9M 1N8
4.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.