59 Main Street
Penetanguishene, Penetanguishene, L9M 1S8
$1,300,000
Listed 50 days ago · MLS® S13727236
About this home
Exceptional opportunity for developers and investors to acquire a substantially advanced mixed-use development site at 59 Main Street, prominently positioned on the corner of Main St & Simcoe St in Penetanguishene. This approximately 8,100 sq. ft. hilltop property offers Georgian Bay sightlines, excellent exposure and General Commercial (CG) zoning, creating the foundation for an attractive residential and commercial infill project. More than simply a parcel of land, the offering includes the real estate, upgraded site infrastructure and a comprehensive architectural and engineering IP package, including professional renderings, floor plans, massing studies and elevation plans. Significant infrastructure work has already been completed, with municipal water, sewer and electrical services upgraded and capped at the property line, potentially representing $25,000-$40,000+ in avoided hookup costs. The site is vacant and positioned for execution within municipal parameters, allowing a purchaser to build upon considerable upfront planning and design work rather than starting from scratch. For a developer looking to reduce pre-construction uncertainty, shorten the development timeline and control upfront costs, 59 Main Street represents a rare opportunity to acquire a strategically located infill site with much of the groundwork already completed.
Details
- Type
- Sale Of Business
- Lot
- 99.36 × ? ft
- Garage
- None
- Property tax
- $4,459 (2025)
- Neighbourhood
- Penetanguishene
- Municipality
- Penetanguishene
Heating, cooling and services
- Utilities
- Yes
Building and exterior
- Building area
- 16,165 Square Feet
More
- Possession
- Flexible
- Cross street
- Main St and Simcoe St
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Somewhat walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 1 grocery store, 4 cafés and restaurants, 3 parks. Nearest grocery: Foodland (400 m). Nearest park: Penatanguishene Memorial Park (250 m).
Schools nearby
Elementary
- École élémentaire Saint-Joseph Catholic · French
EQAO: Gr 6 reading 92%, math 69%9 min walk - Canadian Martyrs Catholic School Catholic
EQAO: Gr 6 reading 72%, math 0%11 min walk - Burkevale Protestant Separate School
EQAO: Gr 6 reading 89%, math 57%11 min walk - James Keating Public School
EQAO: Gr 6 reading 72%, math 37%12 min walk
Secondary
- École secondaire Le Caron French
EQAO: Gr 9 math 59%, literacy test 100%17 min walk - North Simcoe Learning Centre1.3 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area L9M
- Owners / renters
- 83% / 17%
- Median household income
- $76,000
- Average age
- 49
- Children under 15
- 11%
- Homes
- 80% detached
- Commute by transit
- 1%
- Population
- 16,607
Languages spoken most at home besides English: Polish 0.5%, Russian 0.3%, Gujarati 0.1%, Ojibway 0.1%.
Safety
Crime Severity Index for Southern Georgian Bay (Penetanguishene) (OPP): 54 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by RE/MAX CROSSTOWN REALTY INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.