242 Penetanguishene Road, Unit 23, Barrie, ON
Property no longer active
This property was sold on June 24, 2025. This listing is for reference purposes only. to view the sold price.
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
- 1.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
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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Property Summary
This townhouse located at 242 Penetanguishene Road, Barrie is currently for sale and has been available on SousaSells for 436 days. This property is listed at $469,900 with an estimated mortgage of $1,564* per month. It has 4 beds, 4 bathrooms, and is 1400-1599 square feet. 242 Penetanguishene Road, Barrie is in the Grove East neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Grove East, Barrie.
- •4 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •1400-1599 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Grove East, Barrie.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- School
Interior Features
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 242 Penetanguishene Road, Unit 23, Barrie, ON
Q.What is the asking price for 242 Penetanguishene Road, Unit 23, Barrie, ON ?
The current listing price for 242 Penetanguishene Road, Unit 23, Barrie, ON in Grove East, Barrie is $469,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 4 bathrooms across approximately 1400-1599 sqft.
Q.What property type and architectural style is 242 Penetanguishene Road, Unit 23, Barrie, ON ?
242 Penetanguishene Road, Unit 23, Barrie, ON is a Condo Townhouse (Stacked Townhouse) featuring a None basement.
Q.What key property features does 242 Penetanguishene Road, Unit 23, Barrie, ON offer?
Key property features include: Hospital, School.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 242 Penetanguishene Road 2, Barrie, ON L4M 7C2
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Barrie, ON
For a property listed at $469,900 in Barrie, the legal minimum down payment is $23,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,873 for this transaction. As this listing is in Barrie (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,873.
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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.