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32 Maria Street

Penetanguishene / Penetanguishene, ON L9M 1L7

ActiveFor Sale
3 Beds
3 Baths
2,000 Sq Ft
Single Family Home
Virtual Tour Available

About This Property

Fantastic Investment Opportunity or Live-In Income Property in Penetanguishene! Welcome to 32 Maria Street, a well maintained multiplex offering excellent potential for both first time buyers and seasoned investors. Featuring three one-bedroom units, this property offers a fantastic opportunity to generate rental income while building equity. Two units are currently tenanted, while the third is vacant and ready for its next occupant. Looking to get into the market? Live in one unit and let the rental income from the other two help supplement your mortgage payments, or secure your own A+ tenant to maximize your investment potential. Outside, you'll find ample parking for 8+ vehicles, a detached garage/storage shop that was previously used as a personal workshop, plus additional storage space ideal for housing lawn care and snow removal equipment. Whether you're looking to expand your investment portfolio or take your first step into homeownership with the added benefit of rental income, this versatile property is full of opportunity. Don't miss your chance to explore the possibilities here!

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size2,000 sq ft
Bedrooms3
Bathrooms3
Taxes (2025)$3,953
Postal CodeL9M 1L7
Last UpdatedOct 28, 2026 · 12:29 p.m.

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Features & Amenities

  • Basement

Buying or selling in Penetanguishene?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® S14106278

Listed by Royal LePage In Touch Realty

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$659,900

asking price

MLS®S14106278
TypeSingle Family Home
CityPenetanguishene
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,222

/month · $527,920 mortgage

Down Payment20% — $131,980
Interest Rate5.5%

Amortization

Total Interest

$438,794

Total Cost

$966,714

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

Royal LePage In Touch Realty