$449,999
242 Penetanguishene Road 10, Barrie, ON L4M 7C2
Barrie · Georgian Drive · L4M 7C2
Key Facts
Tax
$3,566 (2026)
Type
Condo Townhouse
Parking
None, 1 space
Basement
None
Brokerage
RE/MAX HALLMARK REALTY LTD.
Description
**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.
Property
Inside
Utilities
Building
Parking
Land
Financial Details
Listing Information
Toronto Regional Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2026.
Stratus Data Systems, Inc. Copyright 2026, Stratus Data Systems, Inc.