147 MCARTHUR Drive, Penetanguishene, ON

$1,249,900
MLS#:S10437524
4 beds
1 baths
700-1100 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,249,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 107.85 x 220 ft lot
  • Features a ["unfinished", "partial basement"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: None
  • equipped with ["none"] central cooling and highly efficient baseboard heating via electric

Escape to this charming three-season cottage on the shores of Georgian Bay. With over 100 feet of pristine waterfront, and just under 1,000 square feet of cozy living space, this four-bedroom retreat is the perfect getaway. The open-concept layout seamlessly connects the living, dining, and kitchen areas, all enhanced by wall-to-wall windows that frame a stunning, uninterrupted view of Georgian Bay. Step onto the expansive top-level deck, an ideal space for both entertaining and relaxation. Whether hosting guests, or enjoying a quiet moment, you'll be surrounded by breathtaking panoramic views of the bay and Beausoleil Island. Your private beach area and boat dock offer the perfect setting for summer days filled with swimming, boating, and tranquility. The buyer will gain a share in the Back 28 Limited, which is a holding company for the land behind the property. This ensures that no one will build on the land, preserving the natural beauty and privacy of your surroundings. Located on a year-round road, this cottage can easily be used all four seasons by adding extra insulation, and heat in the basement (waterlines are wrapped). Just 1.5 hours from the GTA, and a quick 10-minute drive to local amenities. Experience the perfect blend of tranquility and convenience in this Georgian Bay gem.

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Key Features

Bedrooms
4
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date8/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionWood
BasementUnfinished, Partial Basement
Lot Size107.85 × 220 Feet
CountySimcoe
Annual Tax$6,893
Legal DescriptionLT 25-26 PL 888 TAY; PENETANGUISHENE

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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147 MCARTHUR Drive, Penetanguishene, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 147 MCARTHUR Drive, Penetanguishene, ON L9M 1X3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$999,920
Monthly Mortgage$5,810
Property Tax (Est.)$574
Utilities & Maint.$350
Total Monthly Cost$6,734

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Penetanguishene.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Penetanguishene, Penetanguishene.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$684,148

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

James Keating
Public20 Lorne Avenue, Penetanguishene, Ontario, L9M 1B2
2.2
Burkevale
Public39 Burke Street, Penetanguishene, Ontario, L9M 1C4
7.6
St Ann's
Public5 Dunlop Street, Penetanguishene, Ontario, L9M 1J2
6.1
St-Joseph
Public30 Poyntz Street, Penetanguishene, Ontario, L9M 1N4
5.7
Canadian Martyrs
Public7 Bellisle Road, Penetanguishene, Ontario, L9M 1N6
2.0

Secondary Schools

Le Caron
Public22 John Street, Penetanguishene, Ontario, L9M 1N8
4.8
Georgian Bay District
Public865 Hugel Avenue, Midland, Ontario, L4R 1X8
5.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.