332 CHAMPLAIN ROAD, Penetanguishene

$419,000

For sale: Multiplex

Multiplex at 332 CHAMPLAIN ROAD, Penetanguishene
Property type
Duplex
Bedrooms / bathrooms
5 bedrooms, 2 bathrooms
Living area
2,000 sqft
MLS®
MLS® S13834838
Neighbourhood
Penetanguishene

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.

Sold data

Homes in Penetanguishene — recent sold market

Homes in Penetanguishene took a median of 39 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 79, across 30 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 105 days.

The median sale price was $589,950.

Homes sold for about 4.3% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$589,950
Sale-to-list ratio
95.7%
Sold above asking
7%

Based on 30 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

Schools in Penetanguishene

Penetanguishene has 6 Fraser Institute–rated schools (5 elementary and 1 secondary), averaging 4.7/10.

Rated schools
6
Elementary
5
Secondary
1
Average rating
4.7 / 10

Top-rated schools in Penetanguishene

  • Burkevale — elementaryFraser rating 7.6/10
  • St Ann's — elementaryFraser rating 6.1/10
  • St-Joseph — elementaryFraser rating 5.7/10
  • Le Caron — secondaryFraser rating 4.8/10
  • James Keating — elementaryFraser rating 2.2/10
  • Canadian Martyrs — elementaryFraser rating 2.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 332 CHAMPLAIN ROAD