Interior area as the listing states it. It does not say whether the figure was measured on site or taken from builder plans.
Property type
Vacant Land
The listing does not state a style.
Second dwelling
The listing does not say whether there is a second dwelling unit here. Other records in this set state it either way, so this is a silence rather than a no.
Counts and measurements as the listing states them, not verified by us. MLSSource: MLS
Three parties produce a dollar figure for this house, for three different purposes, so they do not agree and were never meant to. The gaps are worked out here rather than left for you to hold in your head.
Asking price
$1,299,000
Set by the seller and their brokerage. It is a request, and nothing tests it until an offer arrives.
MLSSource: MLS
Our estimate
Not licensedOur estimate: Not shown: our current listing agreement does not licence this figure for display.
Modelled from comparable sales by the explorer further down this page. Change the comparables there and this number moves, which is the reason it is shown at all.
Est.Modelled from comparable sales, not an appraisal
Assessed value, 2025
Nothing of this kind on the record, and nothing here fills it in from an average of other houses.
The figure property tax is apportioned from, valued as of a date that is not today. It is not a market value and no lender treats it as one.
MLSMunicipal assessment and tax roll
Price per square foot
$866
asking price over 1,500 sqft, an area the listing does not source
Days on market
N/A
no area average shown: our current listing agreement does not licence market statistics
None of these is an appraisal. Your lender orders one of those once an offer is accepted, and it is the figure that decides how much they will actually lend.
A rare strategic acquisition for the savvy developer or land-banker! This massive 4.468-acre infill parcel is situated in the heart of Penetanguishene, surrounded by established residential neighborhoods. Uniquely positioned to offer suplimental cash flow, the property features a standalone 3 bedroom residence currently generating $2,360 per month in rental income-providing an excellent carry while you navigate the planning process.Currently zoned R1 and Deferred Development (D), these retained lands represent one of the last significant intensification opportunities within the Primary Settlement Area. With municipal services at the lot line and close proximity to the waterfront and downtown core, the potential for a multi-lot severance or residential project is immense (subject to Town approval). Secure a holding property today and build for tomorrow. Additionally, there is an unopened municipally owned road allowance bordering the west edge of the property. Seller has completed the following work related to the development of the property:-Initial planning consultation (May 2022)-Stage 1&2 Archaeological Assessment (December 2022)-Preliminary Site Plan (August 2023)-Environmental Impact Study (August 2023). Buyer to conduct their own due diligence regarding rezoning and future use.
Written by the listing brokerage to sell the house. Nothing in it is verified, so take its claims about condition to an inspection, not from it.
MyNest360 estimate
Our estimate for this listing is not shown here
Not shown: our current listing agreement does not licence this figure for display.
The estimate is built by weighing recent comparable sales, and sold comparables for a specific property are licensed to registered users only. It is withheld rather than approximated: an estimate with the sales taken out of it would be a number with nothing behind it.
Price and listing history
This listing's price and status history is not shown here
Not shown: our current listing agreement does not licence this figure for display.
Prior asking prices, terminations and relists are licensed to registered users only, and there are no accounts on MyNest360 yet. Nothing here should be read as evidence that the current price is the only price this house has been offered at.
Property details
MLSSource: MLS
Type
Vacant Land
Living area
1,500 sqft
Lot size
325 by 628 ft
Status
For Sale
Occupancy
Tenanted, you inherit the tenancy
Interior and systems
MLSSource: MLS
Sewer
Sanitary+Storm
Taxes and assessment
MLSMunicipal assessment and tax roll
Assessment year
2025
Annual property tax
$3,802
Tax year
2025
Property tax by year
MLSSource: MLS
1 years · latest $3,802
1 years, from $3,802 in 2025 to $3,802 in 2025.
Location and neighbourhood
MLSSource: MLS
Market trend
Neighbourhood market statistics is not shown here
Not shown: our current listing agreement does not licence this figure for display.
Medians, sale-to-list ratios and absorption are computed from sold prices, and they are licensed to registered users only. There is no approximate version of a median that would be honest to show in their place.
