48 MCARTHUR Drive, Penetanguishene, ON

$325,000
MLS#:S12320295
1 beds
1 baths
< 700 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $325,000 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 50 x 175 ft lot
  • 6.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • Efficient other heating via propane

Description

Welcome to 48 McArthur Drive! Spend your afternoons down the road at the beach and your evenings unwinding in your private backyard. This charming home or cottage offers everything you need and nothing you don't. Featuring a metal roof, two propane fireplaces, one bedroom, and one bathroom, its the perfect affordable getaway, investment property or home. The location is ideal set on a deep lot across from the water with seasonal water views. You'll enjoy the peace and quiet of being just outside of town while still being close to marinas, shopping, golf courses, schools, and more. Plus, its only a short 90-minute drive from the GTA. Don't miss your chance to own this little slice of paradise.

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Property Summary

This detached home located at 48 MCARTHUR Drive, Penetanguishene is currently for sale and has been available on SousaSells for 349 days. This property is listed at $325,000 with an estimated mortgage of $1,082* per month. It has 1 bed, 1 bathroom, and is < 700 square feet. 48 MCARTHUR Drive, Penetanguishene is in the Penetanguishene neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 6, 2025
Sold price information is available to members only
Listed Date8/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionMetal/Steel Siding
BasementNone
Lot Size50 × 175 Feet
CountySimcoe
Annual Tax$1,169
Legal DescriptionLT 20 RCP 1712 TAY; PENETANGUISHENE

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeOther
CoolingNone

Features

Property Features

Golf, Lake/Pond, Beach, Hospital, School, Park

Interior Features

Water Heater Owned

Security Features

None

Community Features

Location

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48 MCARTHUR Drive, Penetanguishene, ON
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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 48 MCARTHUR Drive, Penetanguishene, ON L9M 1W9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Penetanguishene.

Configure Loan Settings

Interest Rate4.00%
Down Payment$97,500 (30.0%)
* Minimum Canadian down payment required for this price is $16,250.
Amortization Period30 Years
Estimated Monthly Payment$1,082Based on a loan of $227,500 over 30 years.
Purchase Price$325,000
Loan Amount$227,500
Provincial Land Transfer Tax:$3,350
Total Estimated Closing Taxes:$3,350

About Purchasing a Home in Penetanguishene, ON

For a property listed at $325,000 in Penetanguishene, the legal minimum down payment is $16,250 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 $3,350 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 $3,350.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Penetanguishene, Penetanguishene.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$720,386

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

James Keating
Public20 Lorne Avenue, Penetanguishene, Ontario, L9M 1B2
2.2
Burkevale
Public39 Burke Street, Penetanguishene, Ontario, L9M 1C4
7.6
St Ann's
Public5 Dunlop Street, Penetanguishene, Ontario, L9M 1J2
6.1
St-Joseph
Public30 Poyntz Street, Penetanguishene, Ontario, L9M 1N4
5.7
Canadian Martyrs
Public7 Bellisle Road, Penetanguishene, Ontario, L9M 1N6
2.0

Secondary Schools

Le Caron
Public22 John Street, Penetanguishene, Ontario, L9M 1N8
4.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.