Ken Poole

Here&#39;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.

Row of red brick townhouses with grey roofs and dormer windows under a blue sky. Landscaped front yards and parking spaces in front.

Aerial view of 246 Penetanguishene Road, a brick apartment complex with parking, near Georgian College, Royal Victoria Hospital, and Little Lake.

Living room with gray sofa, armchair, and patterned rug. A wooden coffee table sits in front of a large window with teal curtains. A painting hangs on the wall.

Living room with a gray sofa, blue and beige pillows, a painting, and plants. A coffee table sits on a patterned rug. Natural light streams through a large window.

A bright kitchen with white cabinets, stainless steel appliances, and a white island with two wooden stools. A vase of flowers sits on the island.

A modern kitchen with stainless steel appliances, white cabinets, and a quartz countertop. A sink and faucet are in the foreground.

Bright kitchen with white cabinets, stainless steel appliances, and a marble countertop island. A painting hangs on the wall.

A bedroom with gray walls, carpet, and a white bed. A white desk and black chair are near a window with blinds.

Bright bathroom with white walls, a glass shower stall, a white toilet, and a white vanity with a sink and mirror.

A bedroom with a bed covered in a black and white patterned comforter and a black faux fur throw. A gold framed floral painting hangs above the bed. A bathroom is visible through a doorway.

Bedroom with a dark wood bed, white walls, and a bathroom visible through an open door. A shoe rack and mirror are on the left.

Bedroom with a bed covered in a gray blanket, a window with brown curtains, and a shelf with decorations.

Aerial view of red brick townhouses with dark roofs, surrounding a grassy square with a gazebo, under a blue sky.

Aerial view of 246 Penetanguishene, a row of townhouses with a parking lot, near Lake Simcoe and green fields.

Aerial view of a residential area with townhouses, houses, trees, and a field under a blue sky.

Description

Engel & Völkers

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