Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,000 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.
You will love this neighbourhood and this all brick BUNGALOW. 2 bed up, 3 bath detached bungalow located in the prestigious Adult Lifestyle Community in the Desirable Southgate Hills Area of Penetanguishene. This bright bungalow, open concept bungalow, also has a finished basement with a TV/media room or hobby room and 2 additional rooms plus a 4 piece bath on lower level. The home features a covered porch on the front. The backyard has a deck off the kitchen area with privacy of bushes. The double car garage has 2 doors, one into the house or one to the side of the property. The property includes a membership to Park Place Recreation Association Clubhouse right around the corner. The clubhouse gives you access to an indoor pool & hot tub, exercise Room, Party Room for your larger gatherings, Library & billiards room plus the Grass Cutting and snow removal on your property is taken care of all in the total monthly fee of 304.00. This property is within walking distance to Georgian Bay, close to many golf courses, marinas, Penetanguishene town dock and Rotary Park, cycling routes, stores, theatre, restaurants. Bungalows in this area (with grass and snow service and clubhouse membership) rarely come available. Don't wait.
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This detached home located at 40 Marchand Drive, Penetanguishene is currently for sale and has been available on SousaSells for 669 days. This property is listed at $699,000 with an estimated mortgage of $2,327* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 40 Marchand Drive, Penetanguishene is in the Penetanguishene neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Auto Garage Door Remote, Central Vacuum, Primary Bedroom - Main Floor, Sump Pump, Suspended Ceilings, Water Heater, Water Purifier, Water Meter, Water Treatment, Workbench
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 40 Marchand Drive, Penetanguishene, ON L9M 2H9
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 $699,000 in Penetanguishene, the legal minimum down payment is $44,900 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 $10,455 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 $10,455.
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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.