87 Main Street, Unit Penthouse, Penetanguishene, ON

$4,000/mo
MLS#:S13886318
3 beds
3 baths
2250-2499 sqft
Residential Condo & Other
Residential Condo & Other for sale - 3 Bed, 3 Bath Home at 87 Main Street Penetanguishene ON listed at $4,000 (MLS# S13886318) - Main View
For Lease
Added:Oct 12, 2026(11 days ago)
Updated:Oct 12, 2026(11 days ago)
Last Checked:20 minutes ago

Property Highlights

Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $4,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2250-2499 sqft
  • Ample parking with 0.0 garage spaces (0.0 total parking spaces)
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Upgraded Insulation
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

New York loft living in the heart of downtown Penetanguishene! Welcome to 87 Main Street, where historic charm meets modern luxury in this spectacular third-floor penthouse. After sitting untouched for decades, this incredible space has been completely transformed into a one-of-a-kind residence, and the results are stunning!From the moment you walk in, the soaring ceilings, expansive rooms and true loft-style design make an unforgettable impression. Enjoy breathtaking 360-degree views of Georgian Bay, downtown and the beautiful historic churches that surround you.The gorgeous kitchen is made for entertaining, featuring quartz countertops, a massive island and plenty of room to gather. With three bedrooms, three bathrooms, an eat-in kitchen, separate dining room, sitting room, recreation room and convenient in-suite laundry, there's no shortage of space to spread out and enjoy. The primary suite offers walk-in closets and a beautiful soaking tub, creating your own private retreat.Step outside and you're right in the heart of town, with restaurants, shopping and local amenities just steps away.Now, let's talk about the stairs! This penthouse is located on the third floor, so you'll need to be comfortable with two flights of stairs. But trust us, what's waiting at the top is worth the climb!If you've ever dreamed of living in a sophisticated New York-style loft without giving up the charm of a small waterfront town, this is your opportunity. Truly unique, beautifully renovated and unlike anything you'd expect to find in downtown Penetanguishene. This is a space you really need to experience in person!

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Property Summary

This condo apartment located at 87 Main Street, Penetanguishene is currently for sale and has been available for 11 days. This property is listed at $4,000 with an estimated mortgage of $13* per month. It has 3 beds, 3 bathrooms, and is 2250-2499 square feet. 87 Main Street, Penetanguishene is in the Penetanguishene neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Penetanguishene, Penetanguishene.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •3 well-appointed bathrooms
  • •2250-2499 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Penetanguishene.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
2250-2499 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Price$4,000/mo
AddedOct 12, 2026 (11 days ago)
UpdatedOct 12, 2026 (11 days ago)
Last Checked20 minutes ago
Transaction TypeFor Lease
List Office NameROYAL LEPAGE FIRST CONTACT REALTY

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionBrick, Aluminum Siding
BasementNone
CountySimcoe

Parking & Garage

Parking Total0.0
Parking Space0
Garage Parking0.0
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Carpet Free
  • Primary Bedroom - Main Floor
  • Upgraded Insulation

Security Features

None listed

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Penetanguishene Home Buyer Advisory & Market HubActive MLS® Listing in Penetanguishene, Ontario

Looking to Buy a Home in Penetanguishene?

If you are looking for a house in Penetanguishene or researching Penetanguishene real estate for sale, this 3-bedroom condo apartment at 87 Main Street, Unit Penthouse, Penetanguishene, ON offers an exceptional opportunity to buy a home in Penetanguishene, Ontario. Whether you are a first-time Penetanguishene home buyer or comparing active Penetanguishene MLS® homes for sale, working with a dedicated Penetanguishene buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

Penetanguishene Homes for Sale & MLS® Listings

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Dedicated Penetanguishene Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Penetanguishene realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Penetanguishene Buyer Budget & Costs

Estimated mortgage: $13*/month*. Estimated Ontario Land Transfer Tax: $20. First-time Penetanguishene home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Penetanguishene

Frequently Asked Questions about 87 Main Street, Unit Penthouse, Penetanguishene, ON

Q.What is the asking price for 87 Main Street, Unit Penthouse, Penetanguishene, ON ?

The current listing price for 87 Main Street, Unit Penthouse, Penetanguishene, ON in Penetanguishene, Penetanguishene is $4,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 3 bathrooms across approximately 2250-2499 sqft.

Q.What property type and architectural style is 87 Main Street, Unit Penthouse, Penetanguishene, ON ?

87 Main Street, Unit Penthouse, Penetanguishene, ON is a Condo Apartment (1 Storey/Apt) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Primary Bedroom - Main Floor, Upgraded Insulation.

Q.Is parking available at this property?

Yes, this property offers parking space for 0.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Central Air.

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Location

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87 Main Street, Unit Penthouse, Penetanguishene, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Penetanguishene, Penetanguishene

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 87 Main Street Penthouse, Penetanguishene, ON L9M 1S8

Estimated Sales Range
$4,000 - $4,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Penetanguishene.

Configure Loan Settings

Interest Rate4.00%
Down Payment$1,200 (30.0%)
* Minimum Canadian down payment required for this price is $200.
Amortization Period30 Years
Estimated Monthly Payment$13Based on a loan of $2,800 over 30 years.
Purchase Price$4,000
Loan Amount$2,800
Provincial Land Transfer Tax:$20
Total Estimated Closing Taxes:$20

About Purchasing a Home in Penetanguishene, ON

For a property listed at $4,000 in Penetanguishene, the legal minimum down payment is $200 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20 for this transaction. As this listing is in Penetanguishene (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20.

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Penetanguishene, Penetanguishene Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Penetanguishene, Penetanguishene.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$844,120

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Penetanguishene, Penetanguishene

Elementary Schools

James Keating
Public20 Lorne Avenue, Penetanguishene, Ontario, L9M 1B2
2.2
Burkevale
Public39 Burke Street, Penetanguishene, Ontario, L9M 1C4
7.6
St Ann's
Public5 Dunlop Street, Penetanguishene, Ontario, L9M 1J2
6.1
St-Joseph
Public30 Poyntz Street, Penetanguishene, Ontario, L9M 1N4
5.7
Canadian Martyrs
Public7 Bellisle Road, Penetanguishene, Ontario, L9M 1N6
2.0

Secondary Schools

Le Caron
Public22 John Street, Penetanguishene, Ontario, L9M 1N8
4.8

Penetanguishene, Penetanguishene Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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