Maintenance fees
$428.76
Locker
None
Exposure
S
Possession
Flexible
Price per sqft
$281 - $321
Taxes
$3,566.04 (2026)
Outdoor space
-
Age of building
-
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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.
Broker: RE/MAX HALLMARK REALTY LTD.
MLS®#: S13857138
Property details
Neighbourhood:
Parking:
Yes
Parking type:
Owned
Property type:
Condo Townhouse
Heating type:
Forced Air
Style:
2-Storey
Ensuite laundry:
Yes
Corp #:
SCC-420
MLS Size:
1400-1599 sqft
Listed on:
Oct 2, 2026
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Instant estimate:
orto view instant estimate
$3,025
lower than listed pricei
High
$457,776
Mid
$446,974
Low
$428,507
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Included in Maintenance Fees
Parking
1/26
$398,900
112 days
4BD
4BA
1 Parking
1,400-1,599 sqft
Maint. Fee $370
MLS#: S13440286
LPT REALTY
1/16
$429,900
11 days
4BD
4BA
1 Parking
1,200-1,399 sqft
Maint. Fee $399
MLS#: S13810088
RE/MAX REALTRON REALTY INC.
1/37
$425,000
14 days
4BD
4BA
1 Parking
1,200-1,399 sqft
Maint. Fee $429
MLS#: S13801150
RE/MAX EXPERTS
1/3
$469,900
57 days
4BD
4BA
1 Parking
1,200-1,399 sqft
Maint. Fee $399
MLS#: S13648044
KW Living Realty