Unit 2, 242 Penetanguishene Road
Barrie (Grove East), ON L4M 7C2
Schoolhouse2 storeys, 32 suites, built 2016- 4Bedrooms
- 4Bathrooms
- 1Parking
- 1400–1599Sq Ft
- $3,411Tax
- $429/moCondo Fee
Estimated Value:$407,399See Free Estimate Report
Property not available for sale or for rent.
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 2, 242 Penetanguishene Road, Barrie, Grove East
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-05-27 | 2025-06-24 | Login to See Prices | Sold | s12175959 |
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About Unit 2, 242 Penetanguishene Road, Barrie, Grove East
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!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,411
- Land Transfer Tax Fee
- $5,873
Condo/Maintenance Fee
- Maintenance Fee
- $429 /month
Included In Maintenance Fee
- Common Elements Included
- Building Insurance Included
- Parking Included
- Basement Type
- None
Interior Features
- Pets Permitted
- No
- Laundry Features
- In-Suite Laundry
- Interior Extras
- Other
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- None
Building Amenities
- Visitor Parking
Building
- Building Type
- Condo Townhouse
- Building Style
- Stacked Townhouse
- Approx Age
- New
- Condo Corp Number
- 420
Construction
- Exposure
- North South
- Exterior Finish
- Brick
- Special Designation
- Other
Inclusions
- Inclusions
- Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings, 2 fridges, All ELFs
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Type
- Exclusive
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 4
- Washrooms
- 4
- Kitchens
- 1
Room sizes
- Living Room3.50 x 3.80Main level, Open Concept, Laminate
- Kitchen4.10 x 2.70Main level, Quartz Counter, Stainless Steel Appl, Laminate
- Bedroom2.50 x 3.60Second level, Broadloom
- Bedroom2.50 x 3.60Second level, Broadloom
- Bedroom2.50 x 3.60Second level, Broadloom
- Bedroom2.50 x 3.60Second level, Broadloom
Washrooms
- 3-piece, Second
- Area
- Barrie
- Municipality
- Barrie
- Neighbourhood
- Grove East
- Main cross streets
- North Of Grove Street East
- Directions
- North Of Grove Street East
- MLS® number
- S12175959
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-06-24
- Listed on
- 2025-05-27
- Days on market
- 28 days
- Possession type
- Flexible
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- KELLER WILLIAMS EXPERIENCE REALTY
Home Market Value
Current home valuation for Unit 2, 242 Penetanguishene Road, Barrie, Grove East, Barrie, ON. Listed for $469,900
HOMEH Estimate
$407,399
Estimated Sales Range
$356,993 - $457,805
HOMEH Estimate for Unit 2, 242 Penetanguishene Road, Barrie, Grove East
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$23,495
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $17,856 | $13,110 | $11,184 | $0 |
=Total mortgage | $464,261 | $436,020 | $410,599 | $375,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,267monthly | $2,129monthly | $2,005monthly | $1,835monthly |
Land Transfer Tax
$5,873
$5,873
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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