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For saleMLS® S13455582

48 Mcarthur Drive, Penetanguishene, ON L9M 1W9

Penetanguishene · L9M 1W9

$398,000

$569 / sq ft

4 months on market

Bedrooms
1
Bathrooms
1
Interior
700 sf
Parking
6
Lot
50 × 175 ft

What's special

  • 6 parking spaces
  • 2 fireplaces

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About this property

Location, location! This Charming turn key, open concept cottage, located in prestigious waterfront community, is within minutes walk to nearby beach and minutes drive to all amenities. This cottage featuring, 2 propane fireplaces, drilled well, septic and a metal roof, would make an easy conversion to year round living. Additional features include seasonal water view from the front deck, deep 175ft lot with privacy galore, perennial gardens, and outdoor shop/bunkie. This property is being sold turn key with all items on the inside and exterior of the property being included. A slice of heaven, at an affordable price!! Do not miss out!!

Rooms

4 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Great RoomMain5.97 × 4.72 m19.6 × 15.5 ft—
FoyerMain1.52 × 2.23 m5.0 × 7.3 ft—
BedroomMain4.17 × 4.72 m13.7 × 15.5 ft—
BathroomMain2.06 × 1.40 m6.8 × 4.6 ft3 Pc Bath

Features

  • None

Property details

Property

Property type
detached
Bedrooms
1
Bathrooms
1
Interior size
700 sq ft
Lot size
50 × 175 ft
Zoning
RS
Possession
Immediate

Interior

Heating
Other · Propane
Fireplaces
2
Exposure
West

Exterior & services

Construction
Vinyl Siding
Parking spaces
6
Water
Dug Well
Sewer
Septic

Costs

List price
$398,000
Property taxes
$1,258 / year (2025)
Price per sq ft
$569

Listing

MLS® number
S13455582
Status
For sale
Listed
June 17, 2026
Days on market
141
Last updated
July 13, 2026
Listing brokerage
Team Hawke Realty

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 6% of comparable detached listings in Penetanguishene are asking less.

$436KMedian $700K$1.10M
This home
$569 / sq ft
Comparable median
$536 / sq ft

Based on 54 comparable active detached listings in Penetanguishene. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $19,900
$19,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,090.58
Property tax (est.)
$104.83
Estimated monthly
$2,195

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$4,445
Total due on closing
$4,445

An estimate on the asking price of $398,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of Team Hawke Realty. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$398,000

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