$950,000
229 Gilwood Park Drive
Penetanguishene, Ontario
4bed3bath
Ontario
Penetanguishene Real Estate
Browse homes for sale in Penetanguishene • Median $672,388
$672,388Median Price
30Avg Days on Market
35Detached13Land9Commercial5Condo4Multi- Unit3Leasehold
Explore Penetanguishene
Homes for Sale in Penetanguishene
Browse available properties
Showing 12 of 65 listings
About Penetanguishene Real Estate
Penetanguishene, a charming town nestled on the shores of Georgian Bay in Ontario, boasts a rich history dating back to its establishment in the early 1800s. Originally a military settlement, it has transformed into a vibrant community, known for its stunning waterfront, friendly atmosphere, and strong ties to Indigenous heritage. The picturesque landscapes are complemented by heritage buildings that reflect the town's historical significance, contributing to its unique character. Penetanguishene's diverse neighborhoods, from quaint residential streets to modern developments, provide something for everyone, making it a desirable location for a range of buyers.
One of the town's standout features is its proximity to beautiful parks and outdoor spaces, such as the Penetanguishene Waterfront Park, which offers breathtaking views of the bay and access to recreational activities like boating and fishing. The local marina serves as a hub for water enthusiasts, while trails and parks provide ample opportunities for hiking and exploring the great outdoors. Furthermore, the town is known for its vibrant arts community, with local galleries and cultural events that celebrate the creativity of its residents.
The town's small-town charm is complemented by a welcoming community spirit, making it an ideal spot for families, retirees, and young professionals alike. With a variety of local shops, restaurants, and cafes, residents enjoy a laid-back lifestyle while still having access to essential services. The annual events, such as the Penetanguishene Winterama and summer festivals, foster a sense of community and celebrate the town’s heritage, creating lasting memories for residents and visitors alike.
89 active listings with a median price of $629,900.
Lifestyle & Community
Living in Penetanguishene offers a serene lifestyle infused with a strong sense of community. Residents enjoy a close-knit environment where neighbors know each other, and community events play a significant role in daily life. The town's vibe is relaxed, with a strong emphasis on outdoor activities, thanks to its scenic waterfront and parks. Residents often gather for local festivals, farmers' markets, and seasonal events that highlight the area's cultural offerings. From enjoying a leisurely walk along the waterfront to participating in community sports leagues, there’s something for everyone in this inviting town.
Local Amenities
- Penetanguishene Waterfront Park
- Local Marina
- Penetanguishene Public Library
- Various Restaurants and Cafés
- Shopping District with Local Boutiques
- Recreational Facilities including Sports Fields
- Community Centre
- Local Schools and Educational Institutions
- Health Services and Clinics
- Public Transit Options
- Parks and Nature Trails
Points of Interest
- Penetanguishene Museum
- Discovery Harbour
- Horseshoe Bay Park
- Tay Township Nature Trail
- The King's Wharf Theatre
- St. Ann's Church
- Penetanguishene Military Heritage Museum
- Marina Park
- Local Art Galleries
- The Historic Penetanguishene Lighthouse
Market Overview
Currently, the Penetanguishene real estate market features 89 active listings, with a median listing price of $629,900. Homes in this area are selling relatively quickly, with an average of just 30 days on the market. This indicates a competitive market, appealing to both first-time buyers and those looking for vacation homes. Buyers can expect a mix of charming older homes and modern builds, each offering unique characteristics that reflect the town's rich heritage and natural beauty.
Investment Outlook
Penetanguishene presents promising investment opportunities, particularly for those interested in rental properties or vacation homes due to its attractive waterfront location. The ongoing development of amenities and infrastructure, along with its appeal as a tourist destination, suggests a positive trajectory for property values. Investors can take advantage of the growing interest in the area, especially among retirees and families seeking a peaceful lifestyle.
Ideal For
This area is ideal for first-time buyers seeking affordable homes, families looking for a safe and welcoming community, retirees wanting a peaceful lifestyle, and investors interested in rental properties due to the town's charm and amenities.
Living in Penetanguishene
Lifestyle
Living in Penetanguishene offers a serene lifestyle infused with a strong sense of community. Residents enjoy a close-knit environment where neighbors know each other, and community events play a significant role in daily life. The town's vibe is relaxed, with a strong emphasis on outdoor activities, thanks to its scenic waterfront and parks. Residents often gather for local festivals, farmers' markets, and seasonal events that highlight the area's cultural offerings. From enjoying a leisurely walk along the waterfront to participating in community sports leagues, there’s something for everyone in this inviting town.
Local Amenities
Penetanguishene Waterfront ParkLocal MarinaPenetanguishene Public LibraryVarious Restaurants and CafésShopping District with Local BoutiquesRecreational Facilities including Sports FieldsCommunity CentreLocal Schools and Educational InstitutionsHealth Services and ClinicsPublic Transit OptionsParks and Nature Trails
Market Insights
Currently, the Penetanguishene real estate market features 89 active listings, with a median listing price of $629,900. Homes in this area are selling relatively quickly, with an average of just 30 days on the market. This indicates a competitive market, appealing to both first-time buyers and those looking for vacation homes. Buyers can expect a mix of charming older homes and modern builds, each offering unique characteristics that reflect the town's rich heritage and natural beauty.
Investment Potential
Penetanguishene presents promising investment opportunities, particularly for those interested in rental properties or vacation homes due to its attractive waterfront location. The ongoing development of amenities and infrastructure, along with its appeal as a tourist destination, suggests a positive trajectory for property values. Investors can take advantage of the growing interest in the area, especially among retirees and families seeking a peaceful lifestyle.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
3
$200K – $400K
9
$400K – $600K
10
$600K – $800K
30
$800K – $1.0M
9
$1.0M – $1.5M
2
$1.5M – $2.0M
2
Explore More in Penetanguishene
Penetanguishene Market ReportPrices, trends & analysisCost of Living in PenetanguisheneHousing, rent & expensesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in PenetanguisheneSchools & ratings nearbyTransit in PenetanguisheneStops & stations nearbyParks in PenetanguisheneParks & recreation nearby
Frequently Asked Questions About Penetanguishene
There are currently 65 active residential listings in Penetanguishene. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.