17 Edward Street, Penetanguishene, ON

$574,900
MLS#:S9349028
3 beds
1 baths
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 6, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $574,900 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.

  • 3 Bedrooms and 1 Bathroom
  • Premium 65 x 100 ft lot size
  • Features a walk-up, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover this well-kept 3-bedroom bungalow, perfectly situated in the scenic town of Penetanguishene. Just moments from the downtown ensuring that essentials are always close at hand. The bright and cozy living room opens onto a spacious back deck, providing a perfect spot for outdoor gatherings or relaxing in the privacy of the generous L-shaped lot. The backyard features a separate driveway entrance, ideal for added flexibility and privacy. A carport with paved parking area offers additional convenience. In addition, relax and unwind in the welcoming front sunporch and take in the peaceful surroundings. This property boasts a durable metal roof, forced air natural gas heating with central air for year-round comfort, and main floor laundry. The full unfinished basement includes a handy walk-up, offering great potential for customization or extra storage. There's also a large shed on the property for even more storage needs. This homes proximity to Penetanguishene Bay, and to the stunning beaches of Tiny Township further enhances its appeal, providing residents with endless opportunities for waterfront recreation and relaxation. Just moments from Main Street amenities, schools, arena, parks, and only a few minutes from live theater, marinas, and golf. With quick access to Barrie, Orillia, and the GTA, you can enjoy the best of both worlds small-town living with big-city conveniences within reach. This region has long been treasured as a vacation hotspot, drawing many to settle here permanently. With plenty of space inside and out, this well-kept bungalow is ready to welcome its next owners. Don't miss out on this fantastic home with so much to offer!

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Property Summary

This detached home located at 17 Edward Street, Penetanguishene is currently for sale and has been available on SousaSells for 671 days. This property is listed at $574,900 with an estimated mortgage of $1,914* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 17 Edward Street, Penetanguishene is in the Penetanguishene neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 6, 2025
Sold price information is available to members only
Listed Date9/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementWalk-Up, Full
Lot Size65 × 100 Feet
CountySimcoe
Annual Tax$3,427.17
Legal DescriptionPT LT 18 W/S ANN ST, 19 W/S ANN ST PL 404 PENETANGUISHENE PT 1, 51R18758; PENETANGUISHENE

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeCarport

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Community Features

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Location

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17 Edward Street, 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 Edward Street, Penetanguishene, ON L9M 1K4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$172,470 (30.0%)
* Minimum Canadian down payment required for this price is $32,490.
Amortization Period30 Years
Estimated Monthly Payment$1,914Based on a loan of $402,430 over 30 years.
Purchase Price$574,900
Loan Amount$402,430
Provincial Land Transfer Tax:$7,973
Total Estimated Closing Taxes:$7,973

About Purchasing a Home in Penetanguishene, ON

For a property listed at $574,900 in Penetanguishene, the legal minimum down payment is $32,490 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 $7,973 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 $7,973.

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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$720,386

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.