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8 - 252 Penetanguishene Road

8 - 252 Penetanguishene Road

Barrie, ON

  • 4 bed
  • 4 bath
  • approx. 1200-1399 sqft
  • Condo Townhouse
$429,900

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.

Listing Details

Taxes (2025)
$3,402
Listed
September 21, 2026

Price History

Property

Style
Stacked Townhouse
Age
6-10
Construction
Brick
Roof
Asphalt Shingle
Interior
Water Heater

Parking

Garage
None
Covered Spaces
0
Total Parking
1

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Georgian Drive/Penetanguishene Road
Zoning
RM2
Parcel Number
594200119
Possession
Flexible
Occupancy
Tenant

Condo

Maintenance Fee
$399/month
Fee Includes
Parking Included, Building Insurance Included
Pets
Yes-with Restrictions
Locker
None
Balcony
None
Amenities
Visitor Parking

Included

Inclusions
Fridge x2, Stove, Washer, Dryer, Dishwasher, Microwave.
Exclusions
Tenants belongings
Rental Items
Hot Water Heater

Schools

Elementary

  • Johnson Street Public School1 km

    Public · Simcoe County DSB · 210 students

    Grade 3 reading: 68% met the provincial standard · Grade 6 math: 50% met the provincial standard

  • St Monicas Separate School1.5 km

    Catholic · Simcoe Muskoka CDSB · 450 students

    Grade 3 reading: 72% met the provincial standard · Grade 6 math: 26% met the provincial standard

  • Steele Street Public School1.9 km

    Public · Simcoe County DSB · 370 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 17% met the provincial standard

Secondary

  • Eastview Secondary School1 km

    Public · Simcoe County DSB · 1235 students

    Grade 10 literacy: 87% met the provincial standard

  • St Joseph's Separate School3 km

    Catholic · Simcoe Muskoka CDSB · 930 students

    Grade 10 literacy: 81% met the provincial standard

  • Barrie North Collegiate Institute3.3 km

    Public · Simcoe County DSB · 1475 students

    Grade 10 literacy: 88% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L4M

Population
46,902
Private dwellings
19,372
Median age
38
Average household size
2.5
Median household income
$87,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in Barrie · last 12 months

Median sold price
$650,000
Homes sold
1,884
Median days on market
26
Sale-to-list price
97.4%

Based on 1,884 recorded sales of residential condo & other properties in Barrie over the last 12 months.

Rooms

3-piece on Second, 3-piece on Second, 3-piece on Second, 3-piece on Second

Main

  • Bathroom
  • Bathroom
  • Bathroom
  • Bathroom
  • Bathroom
  • Bedroom11'5" x 8'
  • Bedroom11'8" x 9'7"
  • Bedroom12'1" x 8'
  • Bedroom10'7" x 9'
  • Kitchen13'8" x 11'5"
  • Living Room13'8" x 16'

Listed by

RE/MAX REALTRON REALTY INC.

Walk Score

40

Walk

36

Transit

36

Bike

Scores by Walk Score®

Mortgage Calculator

$85,980

Estimated Monthly Payment

$2,112

Land transfer tax

Estimated land transfer tax$5,073

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,112/mo (20% down, 5.5%)

Taxes: $284/mo · Insurance: $107/mo

Maint: $399/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Located within walking distance of the college, this property is ideally suited for student rentals and offers strong rental income potential.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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