Excellent opportunity to own a turnkey income property in a highly desirable location! This open-concept home features a spacious main living area with a centralized living room and eat-in kitchen, along with four bedrooms, each complete with its own private ensuite bathroom. Located within walking distance of the college, this property is ideally suited for student rentals and offers strong rental income potential. The main living areas feature durable laminate flooring, while the bedrooms are carpeted and the bathrooms have ceramic tile. The property is fully equipped with two refrigerators, stove, washer, dryer, dishwasher, and microwave, all in stainless steel. Current rental income is $850 for Room 1, $900 for Room 2 including parking, $725 for Room 3, and $750 for Room 4, providing a total monthly rental income of $3,225. Mortgage/property taxes $2,292.44, Management Fee & Internet $428.76, Gas $53, CARMA metre $266.78. A great opportunity for investors looking for a low-maintenance, income-generating property in a convenient location close to the college and amenities.
Address
8 - 252 Penetanguishene Road
List Price
$429,900
MLS® Status
New
Property Type
Residential Condo & Other
Type of Dwelling
Condo Townhouse
Style of Home
Stacked Townhouse
Transaction Type
Sale
Area
Barrie
Sub-Area
Georgian Drive
Region
Simcoe
Bedrooms
4
Bedrooms (Total)
4
Rooms Above Grade
6
Bathrooms
4
Floor Area
1200-1399 Sq. Ft.
Square Foot Source
Other
Parcel Number
594200119
Occupant Type
Tenant
Cross Street
Georgian Drive/Penetanguishene Road
Approx. Age
6 - 10 Years
Maint. Fee
$399.00
MLS® Number
S13810088
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Basement Area
None
Postal Code
L4M 7C2
Posession Details
TBD
Parking Places (Total)
1
Parking Spaces
1
Tax Amount
$3,402.00
Tax Year
2025
Property Management Company
Bayshore Property Management
Pets
Yes-with Restrictions
Site Influences
Beach, Golf, Hospital, Library, Public Transit, Rec./Commun.Centre
Interior Features
Water Heater
Property Features
Beach, Golf, Hospital, Library, Public Transit, Rec./Commun.Centre
Central Vacuum
No
Family Room
No
Ensuite Laundry
Yes
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Association Amenities
Visitor Parking
Association Fee Includes
Parking Included, Building Insurance Included
Association Name
SCC
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Balcony Type
None
Construction Materials
Brick
Exposure
West
Fireplace
No
Garage
No
Garage Type
None
Kitchens Total
1
Kitchens Above Grade
1
Laundry Features
In-Suite Laundry
Roof
Asphalt Shingle
Legal Level Number
1
Waterfront
No
Locker
None
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Kitchen | 4.16 x 3.49 Meters | Laminate |
| Main | Living Room | 4.16 x 4.88 Meters | Laminate |
| Main | Bedroom | 3.69 x 2.44 Meters | 3 Pc Ensuite |
| Main | Bedroom | 3.49 x 2.44 Meters | 3 Pc Ensuite |
| Main | Bedroom | 3.23 x 2.74 Meters | 3 Pc Ensuite |
| Main | Bedroom | 3.55 x 2.93 Meters | 3 Pc Ensuite |
| Main | Bathroom | 3 Pc Ensuite | |
| Main | Bathroom | 3 Pc Ensuite | |
| Main | Bathroom | 3 Pc Ensuite | |
| Main | Bathroom | 3 Pc Ensuite | |
| Main | Bathroom |