Space
Finished area and layout
- Square Feet
- 1,400-1,599 sqft
- Bedrooms
- 4
- Bathrooms
- 4
+17 more
4
Bedrooms
4
Bathrooms
1,400-1,599 sqft
Square Feet
1
Parking
Property Snapshot
Key details for this listing
MLS #S13857138
Property
Type, style and structure
- Type
- residential
- Style
- condo townhouse / Condo Townhouse
- Structure
- 2-Storey
- Ownership
About This Property
This 4-bedroom, 4-bathroom condo townhouse in Barrie offers 1,400-1,599 sqft of square feet. 2 storeys. The home features central air, a none basement. Monthly condo fee of $428.76.
MLS Remarks
**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. (id:60351)
Full Listing Details
Address242 Penetanguishene Road 10, Barrie, ON L4M 7C2
MLS#S13857138
Listing StatusActive
Property TypeResidential
Sub-TypeCondo townhouse
TransactionSale
List DateOct 2, 2026
Days on Market23
Common InterestCondo/Strata
Annual Tax$3,566 (2026)
Condo Fee$429/mo
Fee IncludesCommon Elements Included, Building Insurance Included, Parking Included
Parking1
Parking TypeReserved/Assigned
ExposureSouth
Pets AllowedYes-with Restrictions
Structure TypeRow / Townhouse
AttachedAttached
Style2-Storey
ConstructionBrick
Bedrooms4
Bathrooms4
Bedrooms Above Grade4
Square Feet1,400-1,599 sqft
Kitchens1
Stories2
CityBarrie
ProvinceOn
Postal CodeL4M 7C2
Total Parking1
Parking FeaturesReserved/Assigned
CoolingCentral Air
BasementNone
CommunityPets Allowed With Restrictions
ExposureSouth
Pets AllowedYes-with Restrictions
Fee IncludesCommon Elements Included, Building Insurance Included, Parking Included
Annual Tax$3,566 (2026)
Condo Fee$429/mo
Penetanguishene Rd & Grove St E
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
