$390,000
↓ $39,900 from $429,900
Est. payment $1,727/moCalculate yours
252 Penetanguishene Road 8, Barrie, ON L4M 7C2
Georgian Drive, Barrie, ON L4M 7C2
- 4 Beds
- 4 Baths
- 1,200 Sq Ft
Listing courtesy of RE/MAX REALTRON REALTY INC. MLS® S13810088
About this home
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. *PLS NOTE: OFFERS WILL BE ACCEPTED ON WEDNESDAY OCTOBER 21, 2026 5PM*
Property details
Overview
- Property Type
- Condo Townhouse
- Style
- Stacked Townhouse
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 6-10
- Size
- 1,200 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 4
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Roof
- Asphalt Shingle
Lot & Parking
- Parking
- None garage · 1 total
- Zoning
- RM2
Financial
- Property Taxes
- $3,402 (2025)
- Condo Fee
- $399/mo
- Fee Includes
- Parking Included, Building Insurance Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- Georgian Drive
- Cross Street
- Georgian Drive/Penetanguishene Road
Listing
- MLS® Number
- S13810088
- Days on Market
- 27
- Listed On
- 2026-09-21
- Possession
- TBD
- Listed By
- RE/MAX REALTRON REALTY INC.
Rooms
Features
Interior
- Water Heater
Property
- Beach
- Golf
- Hospital
- Library
- Public Transit
- Rec./Commun.Centre
Amenities
- Visitor Parking
- Included
- Fridge x2, Stove, Washer, Dryer, Dishwasher, Microwave.
- Excluded
- Tenants belongings
- Rental items
- Hot Water Heater
Mortgage calculator
Estimated mortgage payment
$1,727 per month
- Principal and interest
- $1,727
- Property tax
- $284
- Condo fees
- $399
- Estimated monthly cost
- $2,409
Your mortgage
- Mortgage amount
- $312,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $206,051
Cash to close
- Down payment
- $78,000
- Land transfer tax
- $4,325
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $82,325
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.