$1,099,900
For sale: Detached

Welcome to 405 Champlain and waterfront living on Penetang Bay! Direct shoreline frontage and easterly views. The main level boasts an updated kitchen, open dining area, and a primary bedroom with walkout to sunroom and composite deck overlooking the bay. The massive finished walk-out basement expands the home, offering 2 extra bedrooms, an office, an exercise room, a rec room with a built-in bar & fireplace. Multiple walk-outs from basement to firepit and waterfront with large dock and sitting area. Outfitted with an elevator and accessibility features, plus a large detached garage and sheds, this property is fantastic value. VTB financing available with as little as 15% down @ 6.5%, amortized up to 50 years/interest only - no income verification or credit qualifications.
Sold data
Detached homes in Penetanguishene took a median of 33 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 70, across 99 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 98 days.
The median sale price was $649,900.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 99 recorded sales in the last 1 year — 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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