32 Maria Street, Penetanguishene, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $659,900 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 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 49.35 x 166.46 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- Ample parking with 1.5 garage spaces (8.0 total parking spaces) with a convenient detached configuration
- Notable attributes: Water Heater Owned
- Efficient water heating via gas
Description
Fantastic Investment Opportunity or Live-In Income Property in Penetanguishene! Welcome to 32 Maria Street, a well maintained multiplex offering excellent potential for both first time buyers and seasoned investors. Featuring three self-contained one-bedroom units, this property offers a fantastic opportunity to generate rental income while building equity. Two units are currently tenanted, while the third is vacant and ready for its next occupant. Looking to get into the market? Live in one unit and let the rental income from the other two help supplement your mortgage payments, or secure your own A+ tenant to maximize your investment potential. Outside, you'll find ample parking for 8+ vehicles, a detached garage/storage shop that was previously used as a workshop, plus additional storage space ideal for housing lawn care and snow removal equipment. Whether you're looking to expand your investment portfolio or take your first step into homeownership with the added benefit of rental income, this versatile property is full of opportunity. Don't miss your chance to explore the possibilities at 32 Maria Street!
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Property Summary
This multiplex located at 32 Maria Street, Penetanguishene is currently for sale and has been available for 0 days. This property is listed at $659,900 with an estimated mortgage of $2,197* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 32 Maria Street, Penetanguishene is in the Penetanguishene neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Penetanguishene, Penetanguishene.
- •3 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Penetanguishene.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Penetanguishene?
If you are looking for a house in Penetanguishene or researching Penetanguishene real estate for sale, this 3-bedroom multiplex at 32 Maria Street, Penetanguishene, ON offers an exceptional opportunity to buy a home in Penetanguishene, Ontario. Whether you are a first-time Penetanguishene home buyer or comparing active Penetanguishene MLS® homes for sale, working with a dedicated Penetanguishene buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Penetanguishene realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Penetanguishene Buyer Budget & Costs
Estimated mortgage: $2,197*/month*. Estimated Ontario Land Transfer Tax: $9,673. First-time Penetanguishene home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Penetanguishene
Frequently Asked Questions about 32 Maria Street, Penetanguishene, ON
Q.What is the asking price for 32 Maria Street, Penetanguishene, ON ?
The current listing price for 32 Maria Street, Penetanguishene, ON in Penetanguishene, Penetanguishene is $659,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 3 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 32 Maria Street, Penetanguishene, ON ?
32 Maria Street, Penetanguishene, ON is a Multiplex (2-Storey) featuring a Partially Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 8.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Penetanguishene, Penetanguishene
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 32 Maria Street, Penetanguishene, ON L9M 1L7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Penetanguishene, ON
For a property listed at $659,900 in Penetanguishene, the legal minimum down payment is $40,990 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 $9,673 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 $9,673.
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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.
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