44.4081° N · 79.6486° W — Georgian Drive, Barrie — MLS® #S13857138
10-242 Penetanguishene Rd
$449,999
Georgian Drive, Barrie, Ontario L4M 7C2
- 4
- BedroomsBeds
- 4
- BathroomsBaths
- 1400-1599 sqft1400-1599
- SizeSq ft
Inquire about this listing
In short · from the listing record
10-242 Penetanguishene Rd is a 4-bedroom, 4-bathroom condo townhouse in Georgian Drive, Barrie, listed for sale at an asking price of $449,999 (MLS® S13857138).
**TURNKEY INVESTMENT OPPORTUNITY!** Welcome to 10-242 Penetanguishene Road. A unique and income producing townhouse offering an excellent opportunity for investors seeking strong rental income with tenants already in place. The property generates $3,300/month in gross rental income. This fully tenanted property offers immediate cash flow from day one. New washer and dryer were installed in 2023. At an asking price of $449,999, the property offers an approximate 9.9% gross rental yield with estimated known annual expenses of approximately $12,652 and an estimated NOI of approximately $26,948 before maintenance, vacancy and other potential operating expenses. Additional parking can be purchased from management for a monthly fee. Whether you're an experienced investor looking to add to your portfolio or searching for a property with multiple income streams, this is an opportunity worth exploring.
Listing readings
How it measures up
Scores from the listing record and the market around it.
71Good
Condition score
1 documented update signal
Listing age, structured features and disclosed update language; not an inspection.
64Covers costs
Cash flow quality
+$121/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 64 homes with 4 bedrooms for lease in Barrie right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $3,566 / 2026
- MLS® number
- S13857138
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Time on market
- Size
- 1400-1599 sqft
- Listed on
- Parking
- None, 1 Parking
Listing history
Listing activity for 10-242 Penetanguishene Rd, Barrie, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $449,999 | N/A | For Sale | S13857138 |
Inside
Room by room
From the listing.
- Living3.66 × 4.87 m
- Kitchen2.44 × 4.87 m
- Br2.59 × 3.35 m3 Pc Ensuite
- Br2.43 × 3.96 m3 Pc Ensuite
- Br2.43 × 3.35 m3 Pc Ensuite
- Br2.43 × 3.35 m3 Pc Ensuite
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Community
- Georgian Drive
- Municipality
- Barrie
Building
- Size
- 1400-1599 sqft
- Construction
- Brick
Inside
- Bedrooms
- 4
- Bathrooms
- 4
- Bathroom Details
- 2 × 3pc Main, 2 × 3pc 2nd
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Allandale Waterfront GO | GO Transit train: Barrie | 4.9 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Around it
Condo Townhouse in Georgian Drive
Active listings only, today.
Condos for sale in Georgian Drive right now
- For sale now
- 5
- Median asking price
- $430K
- New in 7 days
- 1
- Price cuts
- 0%
Middle half: $425K to $448K
1 in 28 days
0 listings
This home is asking 5% above the median, higher than three quarters of them.
See all homes in Georgian DriveAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- trailOn recordA trail on the Ontario trail network within 1 km
- airportOn recordNearest airport: 6.3 km
- water wellsOn record2 water-supply wells recorded within 250 m 1 of them were drilled for domestic use. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 44.2 m.
- groundwaterOn recordGroundwater recorded about 23.8 m below ground nearby The middle water level in the well records within 500 m (13 records). It changes with the season and from spot to spot.
- npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada Only facilities above the inventory’s reporting thresholds are listed.
- fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
- electricityOn recordElectricity is distributed here by Alectra Utilities Corporation
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 90 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (90 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, PTP Broadband, Rogers, RuralNet, Ultrafast Wireless, Vianet, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Nottawasaga Valley Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Land transfer tax on this home
- Ontario land transfer tax
- $5,475
- Total land transfer tax
- $5,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $1,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $449,999
- $1,000
- Ontario total
- $5,475
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- Johnson Street Public SchoolSimcoe County DSBPublic · grades JK–874%Grade 6 average1.1 km
- St Monicas Separate SchoolSimcoe Muskoka CDSBCatholic · grades JK–859%Grade 6 average1.5 km
- Steele Street Public SchoolSimcoe County DSBPublic · grades JK–851%Grade 6 average1.9 km
- ÉÉC Frère-AndréConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–656%Grade 6 average2.8 km
SecondaryGrade 9 math 2024–25
- Eastview Secondary SchoolSimcoe County DSBPublic · grades 9–1267%Grade 9 math1 km
- St Joseph's Separate SchoolSimcoe Muskoka CDSBCatholic · grades 9–1244%Grade 9 math2.9 km
- Barrie North Collegiate InstituteSimcoe County DSBPublic · grades 9–12 · French Immersion48%Grade 9 math3.3 km
- ÉSC Nouvelle-AllianceConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–1251%Grade 9 math5.5 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$2,779
- Mortgage$2,053
- Property tax$297
- Condo or maintenance fee$429
A planning figure, not a quote.
Land transfer tax
$5,475
$1,475 for first-time buyers.
Rent, similar homes
$2,900
a month, median asking rent of 64 similar homes in Barrie.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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