252, Penetanguishene, Georgian Drive, Barrie, Residential Condo & Other
Description
Residential Condo & Other Condo Townhouse For Sale.
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.
Property Features: Beach, Golf, Hospital, Library, Public Transit, Rec./Commun.Centre
Laundry Features: In-Suite Laundry
Interior Features: Water Heater
Cross Street: Georgian Drive/Penetanguishene Road
Key Facts
- Days on: 0 days
- Mls Status: New
- Bedrooms Total: 4
- Bedrooms Above Grade: 4
- Bathrooms Total Integer: 4
- Locker: None
- Kitchens Total: 1
- Parking Total: 1
- Parking Spaces: 1
- Garage Type: None
- Heat Source: Gas
- Heat Type: Forced Air
- Cooling: Central Air
- Living Area Range: 1200-1399 Square Feet
Location 252, Penetanguishene, Georgian Drive, Barrie
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