246 Penetanguishene Road 6, Barrie, ON L4M 7C2 (Grove & Penetanguishene)

Price : $459,000.00 , MLS®# : S12290643

PUVANESWARANATHAN
Description

Here's one of the few remaining affordable investment properties in the Barrie area that still delivers solid returns. Whether youre looking to grow your portfolio or step into the market with a smart first property, this stacked townhouse hits all the right notes. Designed with functionality and rentability in mind, this unit features a shared eat-in kitchen and living room, plus four private bedrooms - each with its own full ensuite bathroom. Thats right: no shared bathrooms! Units like this consistently rent for $800+ per bedroom in todays market, and this one is already home to three mature, responsible female tenants, two of whom have been living here long-term and treat the space with true pride of tenancy. The fourth bedroom is currently vacant, giving you the flexibility to select your next tenant - or even move in yourself while the other rooms help pay the bills. Low maintenance, high demand, and positive cash flow... this is the kind of opportunity investors wish they grabbed sooner.

Location Description

Grove & Penetanguishene

Property Details
  • Community: Georgian Drive
  • Property Type: Tenant/Residential Condo & Other
  • Bedrooms: 4
  • Bath: 4
  • Garages: None
  • Annual Property Taxes : $ 3519
Building Features
  • Counstruction Material : Brick
  • Total Parking Space : 1
  • Parking Type : None
  • Community Features : Restricted
Features
  • Heating : Forced AirGas

Listing Contracted With: ENGEL & VOLKERS BARRIE