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48 Mcarthur Drive

48 Mcarthur Drive

Penetanguishene, ON

  • 1 bed
  • 1 bath
  • approx. < 700 sqft
  • Detached
  • 89 days on market
$398,000Price reduced 6%

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!!

Listing Details

Taxes (2025)
$1,258
Originally Listed
$424,900
Listed
June 17, 2026

Price History

Listing history

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Property

Style
Bungalow
Construction
Vinyl Siding
Roof
Metal
Foundation
Piers
Interior
None
Lot Size
50 x 175 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
6

Utilities

Water
Dug Well
Sewer
Septic
Heat Source
Propane

Location & Legal

Cross Street
Tay Point Rd./McArthur Dr.
Zoning
RS
Parcel Number
584450368
Possession
Immediate
Occupancy
Vacant

Included

Inclusions
All interior and exterior items in the house and shop are included. Turn key .
Rental Items
None

Schools

Elementary

  • ÉÉC Saint-Louis4.3 km

    French Catholic · CS catholique MonAvenir · 85 students

  • St Ann's Separate School4.8 km

    Catholic · Simcoe Muskoka CDSB · 145 students

    Grade 3 reading: 73% met the provincial standard · Grade 6 math: 25% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

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

Residential Freehold in Penetanguishene · last 12 months

Median sold price
$600,000
Homes sold
123
Median days on market
34
Sale-to-list price
95.6%

Based on 123 recorded sales of residential freehold properties in Penetanguishene over the last 12 months.

Rooms

3-piece on Main

Main

  • Bathroom6'9" x 4'7"
  • Bedroom13'8" x 15'6"
  • Foyer5' x 7'4"
  • Great Room19'7" x 15'6"

Listed by

Team Hawke Realty

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$79,600

Estimated Monthly Payment

$1,955

Land transfer tax

Estimated land transfer tax$4,445

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,955/mo (20% down, 5.5%)

Taxes: $105/mo · Insurance: $100/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Additional features include seasonal water view from the front deck, deep 175ft lot with privacy galore, perennial gardens, and outdoor shop/bunkie.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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