Sold for:Sold Apr 14, 2026
$649,000

40 Payette Drive

Penetanguishene, ON L9M 1H5

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 40 Payette Drive, Penetanguishene

2026-02-13
2026-04-14
Sold
Price
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MLS#
s12786466
2025-07-09
2025-10-09
Expired
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 40 Payette Drive, Penetanguishene

Summarized Description

  • Spacious custom built home with 1733 sq. ft.
  • Located on a private mature lot.
  • Features a view of hillside and Penetang Harbour.
  • Includes a large eat-in kitchen with sundeck access.
  • Living room has a wood burning fireplace.
  • Potential for in-law suite in the basement.
  • Situated in desirable Brule Heights neighborhood.
  • Includes hardwood floors and gas fireplace.

This lovely spacious custom built 1733 s.f. three bedroom brick home with an attached garage is situated on a private mature lot that features a view of the hillside and Penetang Harbour. A large foyer leads you to the back yard and through the generous sized eat in kitchen that offers a walkout to a sundeck; the living room offers a wood burning fireplace, and carpeted floor, there are also 2 1/2 baths & hardwood floors; the primary bedroom has a 2 pc ensuite; in the basement, there is plenty of room for lounging and family gatherings in the large rec room with gas fireplace. The basement lends itself to a potential in law suite or use for additional family living. Situated in beautiful Brule Heights, a desired neighbourhood, make this address your new one!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,779
Land Transfer Tax Fee
$9,455

Rental Items

Rental Equipment
hot water heater

Basement Type
Full

Interior Features

Laundry Level
Lower Level
Interior Extras
Central Vacuum
View
Lake, Pasture
Security Features
Smoke Detector, Carbon Monoxide Detectors
Fireplace/Stove
Yes
Fireplace Features
Wood, Natural Gas
Elevator
No

Exterior Features

Exterior Extras
Deck, Year Round Living
Pool
None
Property Features
School, School Bus Route

Building

Building Type
Detached
Building Style
Bungalow-Raised
Approx Age
31-50

Construction

Exterior Finish
Brick, Wood
Roof
Shingles
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
79.00 ft
Lot Depth
121.00 ft
Lot Size
0.25
Lot Shape
Rectangular

Inclusions

Inclusions
refridgerator, stove, dishwasher in kitchen, microwave, all existing window coverings, all existing light fixtures, freezer in basement, refridgerator in basement

Exclusions

Exclusions
bedroom curtains in primary bedroom

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
6
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Yes
Telephone
Yes

Bedrooms
3
Washrooms
3
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Kitchen—
    Main level, Tile Floor
  • Foyer—
    Main level, Tile Floor
  • Living Room—
    Main level, Broadloom, W/O To Deck
  • Foyer—
    Main level, Hardwood Floor
  • Bathroom—
    Main level, Tile Floor, 3 Pc Bath
  • Bedroom—
    Main level, Broadloom
  • Bedroom—
    Main level, Broadloom
  • Primary Bedroom—
    Main level, Broadloom
  • Bathroom—
    Main level, 2 Pc Ensuite
  • Family Room—
    Basement level, Broadloom
  • Laundry—
    Basement level, Linoleum
  • Bathroom—
    Basement level, 3 Pc Bath, Linoleum
  • Utility Room—
    Basement level, Unfinished
  • Other—
    Basement level, Unfinished

Washrooms

  • 3-piece, Main
  • 2-piece, Main
  • 3-piece, Basement

Municipality
Penetanguishene
Neighbourhood
Penetanguishene
Main cross streets
Payette Dr/Lorne Ave
Zoning
R1
Directions
Lorne Ave to Payette Dr, Corner Lot
Waterfront
None

MLS® number
S12786466
Data source
Toronto Regional Real Estate Board
Status change
2026-04-14
Listed on
2026-02-13
Days on market
60 days
Possession date
2026-03-27
Possession type
Flexible
Co-op commission
2.5% plus taxes
Seller
Listed by
Royal LePage In Touch Realty

Home Market Value

Current home valuation for 40 Payette Drive, Penetanguishene, Penetanguishene, ON. Listed for $649,000

HOMEH Estimate

?

$732,132

Estimated Sales Range

?

$512,492 - $951,772

HOMEH Estimate for 40 Payette Drive, Penetanguishene

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$732,132Low confidence
Based on 3 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Penetanguishene, ON
Minimum Down Payment Required:6.1%

5% on first $500K + 10% on $149,000 over $500K

Minimum down payment

$39,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
$
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$
%
$
+CMHC insurance
$24,350$18,107$15,446$0
=Total mortgage
$633,112$602,207$567,096$519,200
Amortization
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%
%
%
%
Payment frequency
=Mortgage payment
$3,091monthly$2,940monthly$2,769monthly$2,535monthly
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Land Transfer Tax

Provincial

$9,455

Total Land Transfer Tax

$9,455

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