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 that’s ready to generate revenue from day one. With each bedroom renting for approximately $1,000/month, the numbers speak for themselves. Don’t miss out on this high-demand rental in a prime location!
Sold for $455,000
C$455,000
242 Penetanguishene Rd #2, Barrie, ON L4M 7C2
4beds
1,440sqft
Row/Townhouse, Residential, Condominium
Built in 2016
-- sqft lot
$-- Zestimate®
C$316/sqft
C$2,791 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,791/mo
Loading...
Owner options
List your home for rent
C$2,791/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn moreC$2,791/mo
Rent Zestimate®
Refinance and save
C$2,352/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's ratesC$2,352/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 10:14pm
Listed by:
Matthew Klonowski, Salesperson,
Keller Williams Experience Realty Brokerage,
Jay Mcnabb,
Keller Williams Experience Realty Brokerage
Source: ITSO,MLS®#: 40733722Originating MLS®#: Barrie & District Association of REALTORS® Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Bedroom
- Features: Broadloom
- Level: Second
Bedroom
- Features: Broadloom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom
- Features: 3-Piece
- Level: Second
Bathroom
- Features: 3-Piece
- Level: Second
Bathroom
- Features: 3-Piece
- Level: Second
Bathroom
- Features: 3-Piece
- Level: Second
Kitchen
- Level: Main
Living room
- Description: Combined with dining room.
- Features: Laminate, Open Concept
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer
- Laundry: In-Suite
Features
- None
- Windows: Window Coverings
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,440
- Total interior livable area: 1,440 sqft
- Finished area above ground: 1,440
Property
Parking
- Total spaces: 1
- Parking features: Exclusive, No Driveway Parking
- Uncovered spaces: 1
Features
- Frontage type: West
- Frontage length: 0.00
Lot
- Features: Urban, Hospital, Place of Worship, Schools
Details
- Parcel number: 594200055
- Zoning: RM2
Construction
Type & style
- Home type: Townhouse
- Architectural style: Two Story
- Property subtype: Row/Townhouse, Residential, Condominium
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt Shing
Condition
- 6-15 Years
- New construction: No
- Year built: 2016
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal-Metered
Community & neighborhood
Location
- Region: Barrie
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: C$429 monthly
- Amenities included: None
- Services included: Association Fee, Insurance, Building Maintenance, Common Elements, Maintenance Grounds
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2025 | Sold | C$455,000C$316/sqft |
Source: ITSO #40733722 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: L4M
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
- Ontario
- Simcoe County
- Barrie
- L4M 7C2
- 242 Penetanguishene Rd Unit 2