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252 Penetanguishene Road Unit 8

Georgian Drive / Barrie, ON L4M 7C2

ActiveFor Sale
4 Beds
4 Baths
1,200 Sq Ft
Condo

About This Property

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

StatusActive
Property TypeCondo
Listing TypeFor Sale
Interior Size1,200 sq ft
Bedrooms4
Bathrooms4
LockerNone
BalconyNone
ExposureWest
Maint. Fee$399/mo
Taxes (2025)$3,402
Postal CodeL4M 7C2
Last UpdatedOct 14, 2026 · 10:54 p.m.

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Features & Amenities

  • View
  • Balcony
  • Air Conditioning
  • Basement

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TRREB MLS® Attribution

MLS® S13810088

Listed by RE/MAX REALTRON REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$390,000

asking price

MLS®S13810088
TypeCondo
CityBarrie
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$1,904

/month · $312,000 mortgage

Down Payment20% — $78,000
Interest Rate5.5%

Amortization

Total Interest

$259,326

Total Cost

$571,326

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

RE/MAX REALTRON REALTY INC.