$323,000
For sale: Detached

Prime Investment in Penetanguishene Attention investors and flippers! This solid 4-bedroom home sits on an impressive 0.54-acre lot (89 ft x 264 ft), offering significant upside in a quiet, high-demand neighborhood. The 1,600 sq. ft. interior features a practical main-floor living configuration and high-ceiling potential. The property includes a detached garage with ample storage for tools and recreational "toys," plus a long-lasting metal roof for peace of mind. Located within walking distance to the town docks and amenities, this property represents a rare opportunity to renovate and capitalize on the growing Georgian Bay market.
Sold data
Detached homes in Penetanguishene took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 61, across 32 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $595,000.
Homes sold for about 4.0% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 32 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Penetanguishene has 6 Fraser Institute–rated schools (5 elementary and 1 secondary), averaging 4.7/10.
School ratings from the Fraser Institute's Ontario school report cards.
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