53 Mercer Crescent, Penetanguishene, ON L9M 1R4
Penetanguishene
ATTENTION DEVELOPERS & BUILDERS: Prime 2.91-Acre In-Town Residential Development Opportunity!Here is a rare turnkey development opportunity situated directly beside an established, mature neighborhood in highly desirable Penetanguishene. This 2.91-acre parcel offers a low-risk, high-reward investment with extensive preliminary work already completed and ready for your vision. Land is high, dry, and beautifully treed with a healthy blend of mature coniferous and deciduous species, with select premium lots backing onto a picturesque, forested ravine.The site is designated Development, with municipal water, sewer, and natural gas services available directly adjacent. The Town of Penetanguishene maintains a detailed file on the property supported by extensive completed studies, significantly streamlining your planning process. Access is fully secured as the 1 ft reserve along Mercer Crescent has been removed and integrated into the dedicated street line.A preliminary sketch illustrates potential for 18 detached single-family home lots, though final density remains flexible and determined by your design, subject to Town Planning Department approval. This versatile site also presents an exceptional opportunity for a retirement residence development.Enjoy financial advantages with no HST applicable to the purchase. Situated in a prime, quiet in-town location close to local amenities and Georgian Bay shorelines, all less than a 2-hour drive from Toronto and the GTA. Call today for full details and the complete property file.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 53 Mercer Crescent, Penetanguishene, ON L9M 1R4
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# S13626266
Listed by Royal LePage In Touch Realty
On market since Jul 31, 2026
What comparable homes actually sold for in the last 12 months.
53 Mercer Crescent, Penetanguishene, ON L9M 1R4 is listed for $1,599,900 CAD.
53 Mercer Crescent, Penetanguishene, ON L9M 1R4 has 0 bedrooms and 0 bathrooms.
53 Mercer Crescent, Penetanguishene, ON L9M 1R4 is a Vacant Land.
53 Mercer Crescent, Penetanguishene, ON L9M 1R4 is in Penetanguishene, Ontario.
53 Mercer Crescent, Penetanguishene, ON L9M 1R4 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 53 Mercer Crescent, Penetanguishene, ON L9M 1R4 (MLS# S13626266). You can also send a message through the contact form on this site.
