$139,900
Est. payment $619/moCalculate yours
56 Mcarthur Drive, Penetanguishene, ON L9M 1W9
Penetanguishene, Penetanguishene, ON L9M 1W9
Listing courtesy of Team Hawke Realty MLS® S13867172
About this home
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
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Building & Systems
- Water
- None
- Sewer
- None
Lot & Parking
- Lot Size
- 50 x 175 Feet
Financial
- Property Taxes
- $1,160 (2026)
Location
- Neighbourhood
- Penetanguishene
- Cross Street
- McArthur Dr./Tay Point Rd.
- Direction Faces
- West
Listing
- MLS® Number
- S13867172
- Days on Market
- 12
- Listed On
- 2026-10-06
- Possession
- Flexible
- Listed By
- Team Hawke Realty
Mortgage calculator
Estimated mortgage payment
$619 per month
- Principal and interest
- $619
- Property tax
- $97
- Condo fees
- $0
- Estimated monthly cost
- $716
Your mortgage
- Mortgage amount
- $111,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $73,914
Cash to close
- Down payment
- $27,980
- Land transfer tax
- $1,124
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $29,104
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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