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For Sale
Just Listed
Open House Sat 1516:30

151 Main Street

Penetanguishene, Penetanguishene, ON
$589,000
3Bd
2Ba
1,750+sqft
7Parking
50 x 165 ftlot
$337/sqft
DetachedMLS# S13243292Listed 2026-06-041 DOM
Heating
Water Heater Owned
Cooling
Central Air
Basement
Unfinished

Just listed! New listings in Penetanguishene often receive offers within the first week.

About this home

Heated Workshop. Pool. Walkable Location. Commercial Zoning. A rare find in the heart of picturesque Penetanguishene, this 3-bedroom, 2-bathroom home features a heated detached garage/workshop measuring approximately 16'10" x 25'4"-ideal for hobbyists, tradespeople, storage, or year-round projects. The spacious eat-in kitchen is the heart of the home and features quality appliances, including a gas stove. A separate dining area provides additional space for family meals and gatherings. Step outside to a wraparound deck with a shaded seating area overlooking the pool-an inviting spot to relax, entertain, or enjoy warm summer days. Comfort is covered with forced air natural gas heating and central air conditioning. The mostly fenced yard offers room for children, pets, gardening, and outdoor enjoyment. Adding to the property's appeal is its Commercial General (CG) zoning, providing valuable flexibility and potential for a variety of commercial, professional, service, or mixed-use opportunities, subject to municipal approvals and permitted uses. Whether you're seeking a home, a business location, or an investment opportunity, this property offers options that are increasingly difficult to find. One of the biggest advantages of this property is its exceptional walkability. Located on Main Street, many everyday amenities are just steps away, including grocery stores, pharmacies, restaurants, Tim Hortons, the LCBO, hardware store, the Legion, and a local pub. Enjoy the convenience of running errands on foot while remaining just minutes from the waterfront, marinas, parks, and the natural beauty of Georgian Bay. A unique opportunity to own a property that combines comfortable residential living, a heated workshop, commercial zoning, and an unbeatable in-town location.

PoolGarageWaterfront

Rooms

Main Floor
Sunroom3.97 × 6.07 m
Living Room3.60 × 4.00 m
Dining Room3.38 × 4.00 m
Kitchen4.77 × 4.15 m
Breakfast3.52 × 4.14 m
Mud Room2.80 × 1.72 m
Upper
Primary Bedroom3.26 × 3.99 m
Bedroom 22.70 × 3.06 m
Bedroom 32.40 × 3.38 m
Laundry2.17 × 1.61 m

Features

  • Auto Garage Door Remote
  • Carpet Free
  • Sump Pump
  • Water Meter
  • Water Heater Owned
  • Workbench
  • Deck
  • Porch Enclosed
  • Year Round Living
  • Landscaped
  • Recreational Area
  • Full
  • Unfinished
  • Central Air
  • 2-Storey

Financials

Annual Taxes
$3,642.37

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Rental yield6.5% – 9.8%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Penetanguishene

Days on market1 days
Buyer's MarketSeller's Market

Based on active listings in Penetanguishene. Data updates daily.

Our estimate for this home

Priced 36.5% below estimate
Estimated range
$858K$997K
Mid-point $928K · ~$530/sqft
How this listing compares
$858KList · $589K$997K
High confidence·Based on 59 penetanguishene comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$589,000
151 Main Street, Penetanguishene
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