Homula Realty 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.

250 Gordon Drive, Penetanguishene, ON L9M 1Y4

2+3 beds · 5 baths · 1+1 kitchens · 6+6 rooms · 14 parking spaces · 5000 + sq ft · Laundry on the main level level · Detached
$4,750,000
Property tax
$39,086 / year

Perched along pristine waters, this property is one of south-east Georgian Bay's most iconic waterfront estates. Built in 2007, the breathtaking 9,000+ sq ft bungalow with a walkout lower level is a masterpiece of custom millwork and craftsmanship. As your gateway to the 30,000 Islands, the property features a stone circle drive and a cement drive leading to a private harbor. With a 5-foot depth to accommodate a large motor yacht, the shoreline also boasts a sandy beach and a 2-bay dry boathouse topped by a stone observation patio. It is the ultimate spot for sunset views over Penetang Bay and unobstructed views north up the Gap to Cognashene, all framed by manicured perennial gardens.Inside, soaring vaulted ceilings and heated radiant floors run throughout. The open-concept main floor seamlessly integrates a great room with a wood-burning fireplace, lounge, TV area, formal dining, and a breakfast nook. The professional chef's kitchen features a Sub-Zero fridge, Miele coffee station, three Miele ovens, a steamer, and two dishwashers. A spacious mudroom leads to a massive walk-in pantry with a built-in second fridge and standup freezer, with a raised-bed vegetable garden just outside. Uniquely offering main-floor resort luxury, this level boasts a spectacular indoor saltwater pool with a swim system, an executive office with bay views, guest rooms, and a luxurious primary suite.An elevator provides easy transit to the walkout lower level, designed for premium entertainment with two patios, a custom wine cellar, and a cedar storage room. This level also features a self-contained 1-bedroom in-law suite. Complete with 5 bedrooms, 5.5 baths, a whole-home Generac generator, and two heated double-car garages with floor drains, this estate offers absolute peace of mind. Perfectly balancing privacy and accessibility, it is just 10 minutes from Midland and Penetanguishene.

MLS number
S13568450
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
5
Postal code
L9M 1Y4
Photos
50
Laundry
Main Level level
59days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in Penetanguishene — 187 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$497k$2.67M$4.83M20252026this home’s asking price
$580klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
95%97%100%20252026the asking price
96%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d31d62d20252026
23dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in penetanguishene. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,085 people.

$118,000Median household income
93.2%Own their home
97.6%Detached houses
38.8Median age
11.8%Born outside Canada
29.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35431332 — the few blocks around this address, home to 1,085 people. It describes the area, not this property.

1,085Population
42.3Average age
2.4Household size
$158,000Average household income
$118,000Median household income
93%Own their home
7%Rent
0%Condominiums
12%Born outside Canada
29%University degree
$1,010,000Average home value
6%Low income
80%Not in the labour force
56%Never married
$20,000 to $24,9992%
$25,000 to $29,9992%
$40,000 to $44,9993%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9992%
$100,000 and over38%
$100,000 to $124,9998%
$125,000 to $149,9995%
$150,000 to $199,99910%
$200,000 and over16%

Percentages are of the 315 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$950,000 · minimum here is $950,000
$21,031.97per month
Borrowed before insurance$3,800,000
Total borrowed$3,800,000
Interest over 25 years at 4.5%$2,509,592

If you rented it out

-$24,289.14per month out of pocket
Rent$0.00
Everything it costs to hold$24,289.14
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Sotheby's International Realty Canada. Listing data provided by the Toronto Regional Real Estate Board.