32 Maria Street
Penetanguishene, ON
- 3 bed
- 3 bath
- approx. 2000-2500 sqft
- Multiplex
Fantastic Investment Opportunity or Live-In Income Property in Penetanguishene! Welcome to 32 Maria Street, a well maintained multiplex offering excellent potential for both first time buyers and seasoned investors. Featuring three one-bedroom units, this property offers a fantastic opportunity to generate rental income while building equity. Two units are currently tenanted, while the third is vacant and ready for its next occupant. Looking to get into the market? Live in one unit and let the rental income from the other two help supplement your mortgage payments, or secure your own A+ tenant to maximize your investment potential. Outside, you'll find ample parking for 8+ vehicles, a detached garage/storage shop that was previously used as a personal workshop, plus additional storage space ideal for housing lawn care and snow removal equipment. Whether you're looking to expand your investment portfolio or take your first step into homeownership with the added benefit of rental income, this versatile property is full of opportunity. Don't miss your chance to explore the possibilities here!
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $3,953
- Listed
- October 22, 2026
Price History
Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Aluminum Siding
- Roof
- Metal
- Foundation
- Stone, Block
- Interior
- Water Heater Owned
- Lot Size
- 49.35 x 166.46 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 1.5
- Total Parking
- 8
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Main & Edward
- Zoning
- R2
- Parcel Number
- 584400199
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Exclusions
- tenants belongings
Schools
Elementary
- École élémentaire Saint-Joseph0.5 km
French public · CS Viamonde · 240 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 69% met the provincial standard
- Canadian Martyrs Catholic School0.6 km
Catholic · Simcoe Muskoka CDSB · 215 students
Grade 3 reading: 55% met the provincial standard · Grade 6 math: 0% met the provincial standard
- École élémentaire Le Caron0.9 km
French public · CS Viamonde · 60 students
Secondary
- École secondaire Le Caron1 km
French public · CS Viamonde · 100 students
Grade 10 literacy: 100% met the provincial standard
- Georgian Bay District Secondary School3.6 km
Public · Simcoe County DSB · 1110 students
Grade 10 literacy: 82% 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
- $598,500
- Homes sold
- 116
- Median days on market
- 34
- Sale-to-list price
- 95.8%
Based on 116 recorded sales of residential freehold properties in Penetanguishene over the last 12 months.
Rooms
3-piece on Main, 3-piece on Main, 3-piece on Second
Second
- Bathroom10'6" x 6'1"
- Bedroom15'1" x 12'10"
- Bedroom10'10" x 9'5"
- Kitchen13'1" x 9'5"
- Living Room16'1" x 10'7"
Main
- Bathroom4'1" x 6'7"
- Bathroom10'6" x 6'8"
- Bedroom8'10" x 17'7"
- Foyer15'7" x 8'
- Kitchen13'1" x 11'2"
- Kitchen13'10" x 11'2"
- Living Room15'1" x 17'7"
- Living Room11'5" x 11'6"
- Other16'1" x 16'7"
Basement
- Family Room21'10" x 17'1"
Listed by
Royal LePage In Touch Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$131,980
Estimated Monthly Payment
$3,242
Land transfer tax
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: $3,242/mo (20% down, 5.5%)
Taxes: $329/mo · Insurance: $165/mo
Estimates only. Consult a financial advisor.
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