CAONBarrie (Georgian Drive)10-242 Penetanguishene Road

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10-242 Penetanguishene Road, Barrie (Georgian Drive), ON

Name: 10 - 242 Penetanguishene Road, For Sale in Barrie (Georgian Drive) - Zoocasa
Brand: RE/MAX HALLMARK REALTY LTD.
SKU: S13857138
Price: 449999 CAD

Townhouse

For Sale

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441

MLS® S13857138

Overview

Key Facts

Type Townhouse

Levels Residential

Size -

Garage Yes

Taxes $3,566

Days Active 1

Lot Size

Approx. Age

MLS® Number S13857138

Property Address: 10-242 Penetanguishene Road, Barrie (Georgian Drive), ON, L4M7C2

Average square foot calculated using Size range provided by listing agent.

Description

**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. (id:58753)Show Description

MLS® NumberS13857138

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age

BasementNone

DrivewayNo Garage

Garage Spaces

HeatForced air, Natural gas

A/CCentral air conditioning

Extras

Rooms

Show Details

Kitchen:Main Floor2.44 × 4.87 ft

Living Room:Main Floor3.66 × 4.87 ft

Bedroom 1:Second Floor2.43 × 3.35 ft

Map

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