This property was sold on January 2, 2025. This listing is for reference purposes only. to view the sold price.
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 $599,000 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.
UPDATED BUNGALOW ON A 214 FT DEEP LOT WITH IN-LAW POTENTIAL BACKING ONTO A SCHOOL! Welcome to your dream home in the charming town of Penetanguishene. This spacious all-brick bungalow is in a well-established neighbourhood, just a short walk from the grocery store, LCBO, Tim Hortons, a park, and the beach. Set on a super deep 214-foot lot that backs onto a schoolyard, this home offers driveway parking for six cars, an attached garage, and a covered front porch with a built-in flower bed. Inside, you'll be greeted by a bright and spacious interior featuring freshly painted walls, updated floors, trim, and large vinyl windows. The main floor boasts three generously sized bedrooms, one with a patio door walkout to the expansive back deck. The main floor is complete with a bright 3-piece bathroom and a separate laundry hookup. A separate entrance leads to the finished basement, providing an excellent opportunity for a potential in-law suite. The basement includes a spacious living area, a bedroom with dual closets, a second bathroom, and a generous laundry room. Step outside to the expansive fenced backyard, perfect for entertaining with its spacious deck, interlock patio, and plenty of green space for kids and pets to enjoy. Your dream #HomeToStay awaits!
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This detached home located at 42 Poyntz Street, Penetanguishene is currently for sale and has been available on SousaSells for 592 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 42 Poyntz Street, Penetanguishene is in the Penetanguishene neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Beach, Lake/Pond, School, Other
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 42 Poyntz Street, Penetanguishene, ON L9M 1N4
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 $599,000 in Penetanguishene, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.
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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.