40 Payette Drive, Penetanguishene, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $649,000 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 79 x 121 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This lovely spacious custom built 1733 s.f. three bedroom brick home with an attached garage is situated on a private mature lot that features a view of the hillside and Penetang Harbour. A large foyer leads you to the back yard and through the generous sized eat in kitchen that offers a walkout to a sundeck; the living room offers a wood burning fireplace, and carpeted floor, there are also 2 1/2 baths & hardwood floors; the primary bedroom has a 2 pc ensuite; in the basement, there is plenty of room for lounging and family gatherings in the large rec room with gas fireplace. The basement lends itself to a potential in law suite or use for additional family living. Situated in beautiful Brule Heights, a desired neighbourhood, make this address your new one!
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Interior Features
Central Vacuum
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 40 Payette Drive, Penetanguishene, ON L9M 1H5
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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 $649,000 in Penetanguishene, the legal minimum down payment is $39,900 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 $9,455 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 $9,455.
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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.