252 Penetanguishene Road 8, Barrie

$390,000
252 Penetanguishene Road 8

$390,000

Price Change
32d
Condo TownhouseStacked Townhouse

252 Penetanguishene Road 8, Barrie

Total Monthly Obligation $2,456

Beds
4
Baths
4
Park
1
Sqft
1200-1399
DOM
32d
Score
29
Yield
8.3%
Cash on Cash
5.8%
Cap Rate
5.8%
5Y IRR
20.2%
10Y IRR
18.4%
Property Type-Condo Townhouse
MLS® Number-S13810088
Beds-4
Bathrooms-4
Size-1200-1399 sqft
Listed on site-Sep 21, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Age-6-10
Taxes-$3,402 (2025)
Maintenance-$399/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Possession-TBD
Neighbourhood-Georgian Drive
Title-Residential Condo & Other

No agent assigned

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*

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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$312,000
Land Transfer Taxes$4,325
Legal Fees (Est.)
$
Total cash required for closing$83,825

Total Monthly Obligation

$2,456/mo
Mortgage $1,573
Monthly Loss $2,042
Principal$414
Interest$1,159
Property Tax$284
Condo Fees$399
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.8%35
Cash-on-Cash
-0.3%7
5-Year IRR
15.7%75
10-Year IRR
15.3%
Returns Index
39.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
29/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,460/yr
NOI
$18,624/yr
Net Cash Flow
-$21/mo
Cash Margin
-0.8%4
Cash Flow Index
4.1/ 100
Risk Profile
Weight: 20%
DSCR
0.9926
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
36.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 252 Penetanguishene Road 8

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.