Salehian.com 647-325-5000

252 Penetanguishene Road 8

Georgian Drive, Barrie, L4M 7C2

$390,000

Reduced $39,900 from $429,900

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  • 4 bedrooms
  • 4 bathrooms
  • 1 parking
  • 1200-1399 sq ft

Listed 29 days ago · MLS® S13810088

About this home

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*

Details

Type
Condo Townhouse
Style
Stacked Townhouse
Age
6-10 years
Size
1200-1399 sq ft
Basement
None
Garage
None
Kitchens
1
Property tax
$3,402 (2025)
Maintenance fee
$399/month
Neighbourhood
Georgian Drive
Municipality
Barrie
Price per sq ft
$300 (4% below condo townhouses in Georgian Drive, $314)

Interior

Bedrooms
4 above ground
Bathrooms
1 × 3-piece (second), 1 × 3-piece (second), 1 × 3-piece (second), 1 × 3-piece (second)
Rooms
6 above ground
Family room or den
No
Fireplace
No
Laundry
In-Suite Laundry, Ensuite
Features
Water Heater

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
Stacked Townhouse
Exterior
Brick
Roof
Asphalt Shingle
Age
6-10 years

Parking

Total parking
1

Condo

Monthly fee
$399
Fee includes
Parking Included, Building Insurance Included
Amenities
Visitor Parking
Exposure
West
Pets
Yes-with Restrictions
Property manager
Bayshore Property Management

More

Possession
TBD
Nearby
Beach, Golf, Hospital, Library, Public Transit, Rec./Commun.Centre
Cross street
Georgian Drive/Penetanguishene Road

Rooms

RoomLevelSizeFeatures
KitchenMain4.16 × 3.49 m (13'8" × 11'5")Laminate
Living RoomMain4.16 × 4.88 m (13'8" × 16')Laminate
BedroomMain3.69 × 2.44 m (12'1" × 8')3 Pc Ensuite
BedroomMain3.49 × 2.44 m (11'5" × 8')3 Pc Ensuite
BedroomMain3.23 × 2.74 m (10'7" × 9')3 Pc Ensuite
BedroomMain3.55 × 2.93 m (11'8" × 9'7")3 Pc Ensuite
BathroomMain3 Pc Ensuite
BathroomMain3 Pc Ensuite
BathroomMain3 Pc Ensuite
BathroomMain3 Pc Ensuite
BathroomMain

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Car-dependent

  • 🚆 Allandale Waterfront GO5.0 km

Within a 10-minute walk: no grocery stores, 0 cafés and restaurants, 6 parks. Nearest park: Hickling Park (450 m).

Schools nearby

Elementary

  • Johnson Street Public School
    EQAO: Gr 6 reading 83%, math 50%    1.2 km

Secondary

  • Eastview Secondary Public School
    EQAO: Gr 9 math 67%, literacy test 87%    1.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L4M

Owners / renters
62% / 38%
Median household income
$87,000
Average age
40
Children under 15
16%
Homes
56% detached, 9% high-rise
Commute by transit
5%
Population
46,902

Languages spoken most at home besides English: Mandarin 0.8%, Punjabi (Panjabi) 0.8%, Spanish 0.7%, Russian 0.5%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Barrie police: 59 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 87 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX REALTRON REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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