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For saleMLS® S13867172

56 Mcarthur Drive, Penetanguishene, ON L9M 1W9

Penetanguishene · L9M 1W9

$139,900

1 months on market

Lot
50 × 175 ft

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About this property

Excellent Opportunity on the Shores of Beautiful Penetanguishene! Build your dream getaway on this cleared and ready to develop vacant lot, ideally located directly across from the beautiful waters of Georgian Bay. With beaches within walking distance, this property offers an incredible opportunity to enjoy the area now while planning for the future. The property currently features a 10' x 10' cedar lined bunkie complete with storage, a compact refrigerator, and a comfortable sitting deck with exterior deck-box storage. The lot is already equipped with 100-amp hydro service and an RV-style electrical connection, providing added convenience whether you're using the property recreationally or preparing for future development. Ideal for out of town boaters, the properties secured cabins could be used for winter storage. Cleared, serviced, and ready to build, this is a fantastic opportunity for anyone looking to create a seasonal retreat, future home, or simply enjoy a peaceful property close to Georgian Bay and Penetanguishene's beautiful beaches. Don't miss this opportunity to own your own piece of cottage country!

Property details

Property

Property type
vacant land
Lot size
50 × 175 ft
Possession
Flexible

Interior

Exposure
West

Costs

List price
$139,900
Property taxes
$1,160 / year (2026)

Listing

MLS® number
S13867172
Status
For sale
Listed
October 6, 2026
Days on market
30
Last updated
October 6, 2026
Listing brokerage
Team Hawke Realty

Price & sale history

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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 10% of comparable vacant land listings in Penetanguishene are asking less.

$219KMedian $362K$767K

Based on 10 comparable active vacant land listings in Penetanguishene. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $6,995
$6,995
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$734.85
Property tax (est.)
$96.64
Estimated monthly
$831

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
$1,124
Total due on closing
$1,124

An estimate on the asking price of $139,900. 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.

$139,900

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Comparable sales nearby

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