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10 242 Penetanguishene Road
Georgian Drive Barrie L4M 7C2

$449,999
Residential Condo & Other beds: 4 baths: 4.0

Main Photo: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
Photo 1: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
Photo 2: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
Photo 3: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
Photo 4: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
Photo 5: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
Photo 6: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
Photo 7: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
Photo 8: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
Photo 9: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
Photo 10: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
Photo 11: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
S13857138
Bedrooms:
4
Bathrooms:
4
**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 Type:
Residential Condo & Other
Property Sub Type:
Condo Townhouse
Home Style:
2-Storey
Total Approx Floor Area:
1400-1599
Exposure:
South
Bedrooms:
4
Bathrooms:
4.0
Kitchens:
1
Bedrooms Above Grade:
4
Kitchens Above Grade:
1
Rooms Above Grade:
9
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
1
Balcony:
None
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Reserved/Assigned
Parking Type:
Exclusive
Parking Spaces:
0
Total Parking Spaces:
1.0
Locker:
None
Family Room:
No
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$428.76
Maintenance fees include:
Common Elements Included, Building Insurance Included, Parking Included
Taxes:
$3,566.04 / 2026
Assessment:
$- / -
Simcoe
Barrie
Georgian Drive
Primary Bedroom - Main Floor, Water Heater
Yes-with Restrictions
Hot water tank
Brick
Floor
Type
Size
Other
Main
Living Room
15'11¾" × 12'
Main
Kitchen
15'11¾" × 8'
Main
Bedroom
11' × 8'6"
3 Pc Ensuite
Main
Bedroom
13' × 8'
3 Pc Ensuite
Second
Bedroom
11' × 8'
3 Pc Ensuite
Second
Bedroom
11' × 8'
3 Pc Ensuite
Special Designation:
Unknown
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
Ensuite
Condo Corporation Number:
420
Property Management Company:
Bayshore Property Management
Date Listed:
Oct 02, 2026
Original Price:
Previous Price:
  • Photo 1: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
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  • Photo 2: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
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  • Photo 4: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
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  • Photo 8: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
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  • Photo 10: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
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  • Photo 11: 10 242 Penetanguishene Road in Barrie: Georgian Drive Condo Townhouse for sale : MLS®# S13857138
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Listed by RE/MAX HALLMARK REALTY LTD.
Data was last updated October 7, 2026 at 12:15 AM (UTC)
Area Statistics
Listings on market:
49
Avg list price:
$449,999
Min list price:
$349,999
Max list price:
$850,000
Avg days on market:
45
Min days on market:
1
Max days on market:
176
These statistics are generated based on the current listing's property type and located in Barrie. Average values are derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.