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Listed 2 months ago

14 - 250 Penetanguishene Road

Georgian Drive, Barrie

$445,000

Condo Townhouse |
4 | 4 | 1 | 0
About this home

Turnkey Investment Opportunity or Growing family home. Ideally positioned at 250 Penetanguishene Road, these bright and spacious 4-bedroom, 4-bathroom stacked townhomes offer an exceptional opportunity for investors and owner-occupants alike. Located in one of Barrie's most strategically connected corridors, you're minutes from Georgian College and Royal Victoria Regional Health Centre, making this an in-demand rental for students, healthcare professionals, and families year-round.The open-concept living space is designed for real living, anchored by a chef-inspired eat-in kitchen with generous prep space and room for the whole house to gather. Oversized windows flood the space with natural light, and the thoughtful layout means every bedroom functions as its own private retreat.For investors, the rental numbers speak clearly, these units deliver strong per-door returns in a well-managed, low-maintenance development built for long-term performance. Beyond the front door, the location does the heavy lifting. Quick access to Highway 400 connects commuters north and south with ease. Downtown Barrie is minutes away, with waterfront dining, boutique shopping, and Kempenfelt Bay just beyond. Whether your tenants are here for school, work, or lifestyle, everything they need is within reach.A rare blend of strong cash flow, quality construction, and a location that sells itself.

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
StyleStacked Townhouse
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$370
LockerNone
BalconyNone
ExposureSouth
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface
Property Tax$3,388
mls© NumberS13486266
Listed ByVALERY REAL ESTATE INC.
Building Insurance Included
Common Elements Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,278
Property tax
$282
Heat allowance
$150
Condo fees, half counted
$185
Housing costs
$2,895 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $89,000
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$1,873 / mo
Cash down
$89,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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