All photos · 26

Penetanguishene

10 Clarence Avenue, Penetanguishene, ON L9M 1A9

$729,900

Beds

3

Baths

3

Type

Freehold

About this home

Discover one of Penetanguishene's most versatile properties - a solidly built, beautifully updated home offering breathtaking sunset views over Georgian Bay from a quiet residential street. Whether you're looking for a primary residence with rental income, a multigenerational family setup, or a turnkey investment in one of Simcoe County's most sought-after waterfront communities, this property delivers on every front. The legal duplex includes a vacant walk-out lower-level apartment completed in 2021 (permits available), ready to generate immediate rental income or house extended family with full privacy. The main living space was fully renovated in 2024, featuring new flooring, trim, barn doors, roof, garage doors, and appliances - meaning nothing has been left untouched. A newly added bathroom in the lower level adds flexibility and further long-term value. Economical to operate with low utility costs, this home is as practical as it is beautiful. Steps from trails and everyday amenities, you're immersed in the lifestyle that draws buyers to the Georgian Bay area - waterfront sunsets, small-town charm, and year-round community living. Built in 2009 | 1,827 sq ft finished | Permits available for lower suite | Contact the listing agent for full floor plans.

Interior

  • · None

Heating

  • · Forced Air

Cooling

  • · Central Air

Parking

  • · Private Double

Basement

  • · Finished with Walk-Out
  • · Full

Room by room

Kitchen

Main11'3" × 11'11"

Dining Room

Main7'3" × 11'11"

Living Room

Main11'3" × 14'0"

Primary Bedroom

Main12'3" × 11'7"

Bedroom

Main14'1" × 9'3"

Kitchen

Lower9'11" × 11'9"

Living Room

Lower17'10" × 13'5"

Bedroom

Lower19'9" × 11'3"

Laundry

Lower17'1" × 12'8"

Bathroom

Lower11'6" × 7'3"

What it could cost monthly

Estimated monthly

$3,342

Principal & interest, per month


Mortgage amount
$583,920
Down payment
$145,980
Total interest paid
$418,823

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing data provided under copyright by the A00001796 and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Room measurements deemed reliable but not guaranteed. Some values are sourced as metres and converted to feet for display.

Listing brokerage

Keller Williams Experience Realty

Each office independently owned and operated.