40 Lepage Drive, Penetanguishene, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium wood and vinyl siding construction, this residence presents an exceptional opportunity offered at $489,000 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.
- 2 Bedrooms and 3 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 120 x 120 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Central Vacuum, Primary Bedroom - Main Floor, Water Heater Owned
- Efficient baseboard heating via electric
Description
4-Season Home with Walk-Out Basement on a Quiet Street - Minutes to Town & Marinas. This modest yet solid 4-season home offers a fantastic opportunity to build equity. Set on a generous lot in a peaceful neighbourhood, it's the perfect fit for those seeking value, versatility and a great location. The main level features a functional layout with main floor laundry, 2 bedrooms and 2 bathrooms and lots of windows that bring in plenty of natural light. The sliding glass doors allow you to step out of the living room to enjoy the expansive deck --ideal for relaxing or entertaining in the warmer months. Thermal windows and the central vacuum system are great added features. Municipal water. Natural gas is in the house. The large finished walk-out lower level with a 3-pc bathroom provides additional living space, perfect for extended family, guests or a potential in-law suite. The large window makes it nice and bright while the gas fireplace keeps it cozy. An attached garage, paved driveway and two sheds offer added convenience and storage. Located just minutes from shopping in Penetanguishene and Midland, and close to local marinas, this home is ideal for year-round living or a weekend retreat. With a bit of vision and some updates, this property could truly shine.
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Property Summary
This detached home located at 40 Lepage Drive, Penetanguishene is currently for sale and has been available on SousaSells for 314 days. This property is listed at $489,000 with an estimated mortgage of $1,628* per month. It has 2 beds, 3 bathrooms, and is 700-1100 square feet. 40 Lepage Drive, Penetanguishene is in the Penetanguishene neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Marina, School Bus Route
Interior Features
Central Vacuum, Primary Bedroom - Main Floor, Water Heater Owned
Security Features
None
Community Features
Location
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 40 Lepage Drive, Penetanguishene, ON L9M 1R5
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 $489,000 in Penetanguishene, the legal minimum down payment is $24,450 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 $6,255 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 $6,255.
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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.