17
$429,900
+$399/mo fees252 Penetanguishene Road 8, Barrie, ON L4M 7C2
Georgian Drive
4 bd
4 ba
1,200 sf
1
1 months on marketMLS® S13810088
Listing courtesy of RE/MAX REALTRON REALTY INC.
1 / 11
For saleMLS® S13857138
242 Penetanguishene Road 10, Barrie, ON L4M 7C2
Georgian Drive · L4M 7C2
$449,999
+ $429/mo maintenance$321 / sq ft1 months on market
- Bedrooms
- 4
- Bathrooms
- 4
- Interior
- 1,400 sf
- Parking
- 1
What's special
- 1 parking space
- South exposure
- Central air
- Pets with restrictions
- Common elements, Building insurance, Parking included
- Primary bedroom - main floor
- Water heater
About this property
**TURNKEY INVESTMENT OPPORTUNITY!** Welcome to 10-242 Penetanguishene Road. A unique and income producing townhouse offering an excellent opportunity for investors seeking strong rental income with tenants already in place. The property generates $3,300/month in gross rental income. This fully tenanted property offers immediate cash flow from day one. New washer and dryer were installed in 2023. At an asking price of $449,999, the property offers an approximate 9.9% gross rental yield with estimated known annual expenses of approximately $12,652 and an estimated NOI of approximately $26,948 before maintenance, vacancy and other potential operating expenses. Additional parking can be purchased from management for a monthly fee. Whether you're an experienced investor looking to add to your portfolio or searching for a property with multiple income streams, this is an opportunity worth exploring.
Rooms
6 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 4.87 × 3.66 m16.0 × 12.0 ft | — |
| Kitchen | Main | 4.87 × 2.44 m16.0 × 8.0 ft | — |
| Bedroom | Main | 3.35 × 2.59 m11.0 × 8.5 ft | 3 Pc Ensuite |
| Bedroom | Main | 3.96 × 2.43 m13.0 × 8.0 ft | 3 Pc Ensuite |
| Bedroom | Second | 3.35 × 2.43 m11.0 × 8.0 ft | 3 Pc Ensuite |
| Bedroom | Second | 3.35 × 2.43 m11.0 × 8.0 ft | 3 Pc Ensuite |
Features
- Primary Bedroom - Main Floor
- Water Heater
Property details
Property
- Property type
- condo townhouse
- Bedrooms
- 4
- Bathrooms
- 4
- Interior size
- 1,400 sq ft
- Possession
- TBD
Interior
- Heating
- Forced Air · Gas
- Cooling
- Central Air
- Exposure
- South
Exterior & services
- Construction
- Brick
- Parking spaces
- 1
Condominium
- Corporation
- 420 SSCC
- Property manager
- Bayshore Property Management
- Pets
- Yes-with Restrictions
- Fee includes
- Common Elements Included, Building Insurance Included, Parking Included
Costs
- List price
- $449,999
- Property taxes
- $3,566 / year (2026)
- Maintenance fee
- $429 / month
- Price per sq ft
- $321
- Rental items
- Hot water tank
Listing
- MLS® number
- S13857138
- Status
- For sale
- Listed
- October 2, 2026
- Days on market
- 33
- Last updated
- October 9, 2026
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 49% of comparable condo townhouse listings in Barrie are asking less.
$385KMedian $460K$545K
- This home
- $321 / sq ft
- Comparable median
- $417 / sq ft
Based on 45 comparable active condo townhouse listings in Barrie. These are asking prices, not sale prices.
Mortgage estimate
Down payment5.0% · minimum $22,500
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $2,363.72
- Property tax (est.)
- $297.17
- Maintenance fee
- $428.76
- Estimated monthly
- $3,090
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $5,475
- Total due on closing
- $5,475
An estimate on the asking price of $449,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX HALLMARK REALTY LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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