252 Penetanguishene Rd

About this Property

Excellent opportunity to own a turnkey income property in a highly desirable location! This open-concept home features a spacious main living area with a centralized living room and eat-in kitchen, along with four bedrooms, each complete with its own private ensuite bathroom. Located within walking distance of the college, this property is ideally suited for student rentals and offers strong rental income potential. The main living areas feature durable laminate flooring, while the bedrooms are carpeted and the bathrooms have ceramic tile. The property is fully equipped with two refrigerators, stove, washer, dryer, dishwasher, and microwave, all in stainless steel. Current rental income is $850 for Room 1, $900 for Room 2 including parking, $725 for Room 3, and $750 for Room 4, providing a total monthly rental income of $3,225. Mortgage/property taxes $2,292.44, Management Fee & Internet $428.76, Gas $53, CARMA metre $266.78. A great opportunity for investors looking for a low-maintenance, income-generating property in a convenient location close to the college and amenities. *PLS NOTE: OFFERS WILL BE ACCEPTED ON WEDNESDAY OCTOBER 21, 2026 5PM*

Listing Details

MLS #

S13810088

Board

PROPTX

Market

ontario

Property Type

Condo Townhouse

Style

Stacked Townhouse

Year Built

6-10

Garage

None

Parking Spaces

1

Basement

None

Heating

Forced Air

Cooling

Central Air

Annual Taxes

$3,402/yr

Maint. Fee

$399/mo

Listed By

REMAX REALTRON REALTY INC.

Listed On

September 21, 2026

Features & Extras