4-Season Home with Walk-Out Basement on a Quiet Street - Minutes to Town & Marinas. This modest yet solid 4-season home offers a fantastic opportunity to build equity. Set on a generous lot in a peaceful neighbourhood, it's the perfect fit for those seeking value, versatility and a great location. The main level features a functional layout with main floor laundry, 2 bedrooms and 2 bathrooms and lots of windows that bring in plenty of natural light. The sliding glass doors allow you to step out of the living room to enjoy the expansive deck --ideal for relaxing or entertaining in the warmer months. Thermal windows and the central vacuum system are great added features. Municipal water. Natural gas is in the house. The large finished walk-out lower level with a 3-pc bathroom provides additional living space, perfect for extended family, guests or a potential in-law suite. The large window makes it nice and bright while the gas fireplace keeps it cozy. An attached garage, paved driveway and two sheds offer added convenience and storage. Located just minutes from shopping in Penetanguishene and Midland, and close to local marinas, this home is ideal for year-round living or a weekend retreat. With a bit of vision and some updates, this property could truly shine.
For sale
C$499,000
40 Lepage Dr, Penetanguishene, ON L9M 1R5
2beds
3baths
Single Family Residence
Built in ----
0.34 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Generous lotMain floor laundryLots of windowsExpansive deckThermal windowsCentral vacuum systemGas fireplace
- 49 days
- on Zillow |
- 7 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: August 16, 2025 at 08:04am
Listed by:
Buy The Shores of Georgian Bay Realty Inc.
Source: TRREB,MLS®#: S12279517
Originating MLS®#: One Point Association of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Primary bedroom
- Level: Main
- Dimensions: 3.58 x 3.58
Bedroom 2
- Level: Main
- Dimensions: 2.97 x 3.58
Bathroom
- Level: Main
- Dimensions: 2.13 x 1.45
Bathroom
- Level: Lower
- Dimensions: 2.36 x 3.2
Bathroom
- Level: Main
- Dimensions: 3.66 x 1.45
Dining room
- Level: Main
- Dimensions: 4.42 x 3.89
Family room
- Level: Lower
- Dimensions: 9.02 x 5.33
Kitchen
- Level: Main
- Dimensions: 3.66 x 2.29
Living room
- Level: Main
- Dimensions: 4.42 x 3.58
Other
- Level: Lower
- Dimensions: 2.43 x 3.43
Other
- Level: Lower
- Dimensions: 2.97 x 1.91
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Water Heater Owned
Features
- Central Vacuum, Primary Bedroom - Main Floor
- Basement: Finished with Walk-Out
- Has fireplace: Yes
- Fireplace features: Family Room
Interior area
- Living area range: 700-1100 null
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Private Double
- Has garage: Yes
Features
- Patio & porch: Deck
- Exterior features: Year Round Living
- Pool features: None
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.34 Square Feet
- Features: Marina, School Bus Route, Rectangular Lot
- Topography: Sloping
Details
- Additional structures: Shed
- Parcel number: 584310020
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Wood, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Septic
Community & HOA
Community
- Security: None
Location
- Region: Penetanguishene
Financial & listing details
- Annual tax amount: C$3,238
- Date on market: 7/11/2025
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