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123 Robert Street

123 Robert Street

Penetanguishene, ON

  • 2 sqft
  • Land
  • 291 days on market
$3,850,000

The property is fully ready for architectural design, with all preliminary studies completed. A draft plan of subdivision has been finalized, and rezoning approval has been granted for 31 freehold townhouse units, 24 of which feature walkout designs. The rezoning approval accommodates a mix of one-, two-, and three-storey units, providing flexibility for varied housing styles and layouts. Final engineering plans are prepared and ready for submission. The site benefits from three road frontages, with sewer, water, gas, and hydro services available at the road, requiring only lateral tie-ins for servicing. In addition, a comprehensive stormwater management plan has been completed. The Town also offers an incentive program for rental units, presenting an excellent opportunity for developers seeking to include rental housing as part of the project.

Listing Details

Taxes (2024)
$3,427
Listed
November 17, 2025

Price History

Property

Lot Size
425 x 691 Feet

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Robert St E / Lecarron Ave
Zoning
Residential
Parcel Number
584390107
Possession
Other
Occupancy
Vacant

Community

Postal area L9M

Population
16,607
Private dwellings
9,066
Median age
53.2
Average household size
2.3
Median household income
$76,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Penetanguishene · last 12 months

Median sold price
$595,000
Homes sold
124
Median days on market
33
Sale-to-list price
95.8%

Based on 124 recorded sales of commercial properties in Penetanguishene over the last 12 months.

Listed by

LENNARD COMMERCIAL REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Annual property tax
$3,427

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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