244 Penetanguishene Road Unit 4, Barrie

Price: $398,900

4 bedrooms, 4 bathrooms

1,400 sqft

Property Type: Condo

MLS#: S13440286

Turn-key 4-bed, 4-ensuite condo-townhouse just steps from Georgian College! Fully furnished and move-in ready, this rare layout offers four private ensuite bedrooms, stainless steel appliances, two fridges, and in-suite laundry. Bright open-concept main floor, large bedrooms, and unbeatable proximity to Georgian College, RVH, transit, shopping, and parks. Perfect for first-time buyers, families, or investors seeking strong rental demand and long-term value.

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New Listing
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$398,900 - 244 Penetanguishene Road Unit 4, Barrie

Condo for Sale in Barrie

New — Listed yesterday
4Beds
4Baths
1,400Sq Ft
Condo
Property Details
MLS Number
S13440286
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
4
Square Feet
1,400 sqft
Neighbourhood
Barrie
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
LPT REALTY
Description

Turn-key 4-bed, 4-ensuite condo-townhouse just steps from Georgian College! Fully furnished and move-in ready, this rare layout offers four private ensuite bedrooms, stainless steel appliances, two fridges, and in-suite laundry. Bright open-concept main floor, large bedrooms, and unbeatable proximity to Georgian College, RVH, transit, shopping, and parks. Perfect for first-time buyers, families, or investors seeking strong rental demand and long-term value.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,046.56/mo

Includes CMHC insurance ($11,129)

$
$
5%10%50%

5-yr fixed avg.

Principal: $359,010Interest: $243,830
Mortgage Amount$370,139
Total Interest$243,830
Est. Property Tax$283/mo
Total Cost$613,969

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 4, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,480/mo
Range: $2,958 - $4,002
Cap Rate (ROI)
6.6%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,480
Maintenance Fees-$910
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$2,204

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 $285/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Barrie's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 4… — $398,900 | Battaglia Team