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$ 429,900
Est. payment /mo
New
252 Penetanguishene RD #8 Barrie, ON L4M 7C2
4 Beds
4 Baths
UPDATED:
Key Details
Property Type Townhouse
Sub Type Condo Townhouse
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1200-1399
Subdivision Georgian Drive
MLS Listing ID S13810088
Style Stacked Townhouse
Bedrooms 4
Maintenance Fees $399
Annual Tax Amount $3,402
Tax Year 2025
Property Sub-Type Condo Townhouse
Property Description
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.
Location
State ON
County Simcoe
Area Simcoe
Rooms
Family Room No
Basement None
Kitchen 1
Interior
Interior Features Water Heater
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Roof Type Asphalt Shingle
Exposure West
Total Parking Spaces 1
Balcony None
Building
Building Age 6-10
Story 1
Unit Features Beach,Golf,Hospital,Library,Public Transit,Rec./Commun.Centre
Locker None
Others
Pets Allowed Yes-with Restrictions
ParcelsYN No
Listed by RE/MAX REALTRON REALTY INC.