Penetanguishene, ON · · MLS® S13727236Updated
$1,300,000
59 Main St is a business in Penetanguishene, listed for $1,300,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
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.
Penetanguishene business priced at $1,300,000 — book a tour to see if it fits your search.
Every detail from the listing, in one place.
Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Full Penetanguishene market reportTransit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
Loading schools, parks, groceries and more nearby…
From 59 Main St. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 59 Main St with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Ask about 59 Main St day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Listing brokerage: RE/MAX CROSSTOWN REALTY INC., BrokerageMLS® S13727236 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Homes for sale in Penetanguishene
Every active Penetanguishene MLS® listing, updated all day.
Based on 48 sales from Jul 23 – Oct 21, 2026 (32 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
59 Main St is listed at $1,300,000 (MLS® S13727236). Summitly updates the price as soon as the MLS® record changes.
No — 59 Main St is still listed at its original asking price of $1,300,000.
The listing for 59 Main St doesn't publish its bedroom and bathroom count. It is a commercial property in Penetanguishene.
Its asking price of $1,300,000 is about 127% above the median sold price in Penetanguishene over the last 90 days, $572,500, across 48 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 59 Main St on record from the last two years. Older records aren't shown under TRREB rules.
59 Main St is in Penetanguishene, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
51 days — 59 Main St was listed on August 31, 2026.
About $22,475 in Ontario land transfer tax at the asking price of $1,300,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
The listing for 59 Main St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Penetanguishene.
The listing for 59 Main St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
