REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

5 Beds

2 Baths

0.5 Acres Lot

Save Virtual Tour

Est. payment | -/mo

Save Virtual Tour

5 Beds

2 Baths

0.5 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Penetanguishene

MLS Listing ID S13834838

Style Bungalow

Bedrooms 5

Annual Tax Amount $2,899

Tax Year 2026

Lot Size 0.500 Acres

Property Sub-Type Duplex

Property Description

LEGAL DUPLEX ON OVER HALF AN ACRE WITH WATER VIEWS, TWO SELF-CONTAINED UNITS, DETACHED GARAGE & INCOME POTENTIAL! Set on more than half an acre directly across from Penetang Harbour, this side-by-side duplex gives you one property with two self-contained living spaces, opening the door to rental income potential, multi-generational living or the option to build your investment portfolio. Offering over 1,600 sq. ft. with five bedrooms and two full bathrooms, the home is arranged as a 3-bedroom unit and a 2-bedroom unit, each with its own laundry and separate electrical meter. The 3-bedroom unit features a fully renovated bathroom and some newer windows and is currently rented month-to-month for $2,000 per month plus utilities. The 2-bedroom unit has been updated with recently replaced flooring, a renovated bathroom, fresh paint throughout and upgraded plumbing and is leased until May 2027 for $1,595 per month plus utilities. Both tenants are responsible for their own snow removal and yard maintenance and are willing to stay. The 130 x 176 ft lot extends to roughly 220 ft deep on one side, providing over half an acre with water views, a detached single garage, two storage sheds and parking for four additional vehicles. Penetang Harbour sits directly across the road and Harbour West Marina is just steps away, putting boating and waterfront walks within easy reach, while Discovery Harbour, King's Wharf Theatre, Rotary Champlain Wendat Park, local schools and downtown Penetanguishene add even more to the location. For buyers looking to keep family close with separate living quarters, offset ownership costs or add an income property to their portfolio, 332 Champlain Road offers more than one way to make the property work for you.

Location

Province ON

County Simcoe

Area Simcoe

Zoning RU

Rooms

Family Room No

Basement Crawl Space, Unfinished

Kitchen 2

Interior

Interior Features Accessory Apartment, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Water Heater Owned

Cooling None

Inclusions Fridge x2, Stove, Washer x2, Dryer x2, Owned Hot Water Heater x2.

Exterior

Exterior Feature Deck

Parking Features Private Double

Garage Spaces 1.0

Pool None

View Lake, Trees/Woods, Water

Roof Type Asphalt Shingle

Lot Frontage 130.34

Lot Depth 176.79

Total Parking Spaces 5

Building

Building Age 51-99

Foundation Block

Others

Senior Community Yes

Security Features Smoke Detector

ParcelsYN No

Virtual Tour https://unbranded.youriguide.com/332_champlain_rd_penetanguishene_on/

Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

Learn More About LPT Realty

332 Champlain RD Penetanguishene, ON L9M 1S4