242 Penetanguishene Road, Barrie, ON

$469,900
MLS#:S12175959
4 beds
4 baths
1400-1599 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Stacked Townhouse"] condo townhouse located in the coveted neighborhood of Grove East. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $469,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 4 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Other
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Incredible turnkey investment opportunity in one of Barrie's most desirable rental communities welcome to Georgian Towns. This fully furnished, purpose-built townhouse is perfectly designed for student and professional tenants, located just minutes from both Georgian College and Royal Victoria Hospital. Offering exceptional cash flow potential, this low-maintenance property features four generously sized bedrooms, each with its own private ensuite bathroom a rare and highly sought-after layout that ensures privacy and appeal to renters.The main level offers a spacious, open-concept living area complete with a modern kitchen featuring quartz countertops, two stainless steel fridges, stainless steel appliances, and a large shared living room ideal for comfortable co-living. Shared in-unit laundry adds convenience for all occupants. One dedicated outdoor parking space is included, with ample visitor parking available for guests.Whether you're looking to house hack or expand your investment portfolio, this is a rare opportunity to own a purpose-built income property thats ready to generate revenue from day one. With each bedroom renting for approximately $1,000/month, the numbers speak for themselves. Dont miss out on this high-demand rental in a prime location!

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Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 24, 2025
Sold price information is available to members only
Listed Date5/27/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
ConstructionBrick
CountySimcoe
Annual Tax$3,410.55

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Hospital, School

Community Features

Location

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242 Penetanguishene Road, Barrie, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 242 Penetanguishene Road 2, Barrie, ON L4M 7C2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$375,920
Monthly Mortgage$2,184
Property Tax (Est.)$284
Utilities & Maint.$350
Total Monthly Cost$2,818

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Barrie.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.