244 Penetanguishene Road Unit 11, Barrie

Price: $399,000

4 bedrooms, 4 bathrooms

1,000 sqft

Property Type: Condo

MLS#: S13029632

Amazing and Spacious 4-Bedroom, 4-Bathroom Condo Townhouse in Barrie's Sought-After Georgian Drive Community! Welcome to this bright and spacious condo townhouse offering huge space of comfortable living. Each of the four bedrooms features its own private ensuite bathroom perfect for families, professionals, or investors seeking a high-demand student rental opportunity. Enjoy an open-concept main floor designed for entertaining, complete with a kitchen featuring two stainless steel fridges, a large center island, and generous cabinet space. The home's well-designed layout includes large, square-shaped bedrooms with ample closets, providing both function and style. Ideally located just minutes from Georgian College, Royal Victoria Hospital, parks, schools, shopping, and public transit this property offers both convenience and versatility. Whether you're looking for a comfortable family home or a turn-key investment, this townhouse checks all the boxes.

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$399,000 - 244 Penetanguishene Road Unit 11, Barrie

Condo for Sale in Barrie

52 days on market
4Beds
4Baths
1,000Sq Ft
Condo
Property Details
MLS Number
S13029632
Property Type
Condo
Status
active
Days on Site
52
Bedrooms
4
Bathrooms
4
Square Feet
1,000 sqft
Neighbourhood
Barrie
Locker
None
Exposure
North East
Balcony
None
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Amazing and Spacious 4-Bedroom, 4-Bathroom Condo Townhouse in Barrie's Sought-After Georgian Drive Community! Welcome to this bright and spacious condo townhouse offering huge space of comfortable living. Each of the four bedrooms features its own private ensuite bathroom perfect for families, professionals, or investors seeking a high-demand student rental opportunity. Enjoy an open-concept main floor designed for entertaining, complete with a kitchen featuring two stainless steel fridges, a large center island, and generous cabinet space. The home's well-designed layout includes large, square-shaped bedrooms with ample closets, providing both function and style. Ideally located just minutes from Georgian College, Royal Victoria Hospital, parks, schools, shopping, and public transit this property offers both convenience and versatility. Whether you're looking for a comfortable family home or a turn-key investment, this townhouse checks all the boxes.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

$
$
5%10%50%

5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Barrie

Discover Barrie

Barrie is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Barrie

  • Convenient location in Barrie
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Barrie offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

244 Penetanguishene Road Unit 11, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,160/mo
Range: $2,686 - $3,634
Cap Rate (ROI)
6.4%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,160
Maintenance Fees-$650
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$2,144

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $399/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 52 days on site, this property has exceeded the typical selling timeline for Barrie. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Barrie. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    244 Penetanguishene Road Unit 1… — $399,000 | Battaglia Team