$459,000Asking Price
244 Penetanguishene Road 12, Barrie, ON L4M 7C2 #12
Grove East, Barrie
Location, location, location!! Welcome to the highly sought-after Schoolhouse townhouse complex in the Georgian Drive neighborhood, built by the trusted Fernwood Homes. This well-designed four bedroom, two story property offers a fantastic turn-key investment opportunity, perfect for investors. Located just a short walk from both Georgian College and the Royal Victoria Regional Health Centre, and only minutes from HWY 400, this property offers ultimate convenience. Shopping centers and various amenities are also nearby. Each bedroom is equipped with its own 3-piece ensuite bath, ensuring privacy and comfort for all residents. The spacious kitchen features a center island with a breakfast bar, stone countertops, and stainless-steel appliances, including two fridges. The open concept living area is bright and airy, with laminate flooring throughout. In-suite laundry with LG washer and dryer adds to the convenience of this home. The unit includes one outdoor parking spot, with plenty of additional visitor parking and the option to rent extra spaces. With a current rental income potential of $800 per room or more, this townhouse is a prime investment. Local highlights include nearby parks, trails and Little Lake. Public transit is at this homes doorstep for easy travel around the city. Residents can enjoy a private view of trees and woods, enhancing the peaceful atmosphere. This property is the perfect choice for those seeking comfort, convenience, and strong investment potential. VIEW THE 3D IGUIDE HOME TOUR, FLOOR PLAN & PHOTOS.
Location, location, location!! Welcome to the highly sought-after Schoolhouse townhouse complex in the Georgian Drive neighborhood, built by the trusted Fernwood Homes. This well-designed four bedroom, two story property offers a fantastic turn-key investment opportunity, perfect for investors. Located just a short walk from both Georgian College and the Royal Victoria Regional Health Centre, and only minutes from HWY 400, this property offers ultimate convenience. Shopping centers and various amenities are also nearby. Each bedroom is equipped with its own 3-piece ensuite bath, ensuring privacy and comfort for all residents. The spacious kitchen features a center island with a breakfast bar, stone countertops, and stainless-steel appliances, including two fridges. The open concept living area is bright and airy, with laminate flooring throughout. In-suite laundry with LG washer and dryer adds to the convenience of this home. The unit includes one outdoor parking spot, with plenty of additional visitor parking and the option to rent extra spaces. With a current rental income potential of $800 per room or more, this townhouse is a prime investment. Local highlights include nearby parks, trails and Little Lake. Public transit is at this homes doorstep for easy travel around the city. Residents can enjoy a private view of trees and woods, enhancing the peaceful atmosphere. This property is the perfect choice for those seeking comfort, convenience, and strong investment potential. VIEW THE 3D IGUIDE HOME TOUR, FLOOR PLAN & PHOTOS.
See MoreKey Info
- 2-Storey Condo Townhouse
- 1 Parking
- No Garage
- Georgian Drive to Penetanguishene Road
- 1200-1399 Approximate Sq Feet
- 6-10 Years Approximate Age
- North Exposure
- No Balcony
- Ensuite Laundry
- No Locker
- Forced Air Gas Heating
- Central Air
Property
- $428 Monthly Condo Fees
- Includes: Common Elements, Building Insurance, Parking.
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C
- Amenities: Visitor Parking
- Taxes were $3,430 in 2025
- Possession: 60-89 days
Details
- Brick Exterior
- No Fireplace
- 1 Kitchen
- Condo Corporation #420
- Condo Registry Office: SSCC
- MLS #S12020420
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 10.30' x 8.27' | |
| 2 | Bathroom | Main | 5.41' x 4.99' | 3-PieceEnsuite |
| 3 | Bathroom | Main | 5.45' x 4.99' | 3-PieceEnsuite |
| 4 | Laundry | Main | 3.15' x 2.69' | |
| 5 | Foyer | Main | 8.30' x 7.05' | |
 | 2 3-Piece Bathrooms on Main Floor | |||
| 2 3-Piece Bathrooms | |||
How Far is Too Far?
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Who lives here?
Grove East, Barrie is a north GTA neighbourhood notable for its singles, renters and salespeople. Residents tend to be younger with a significant number of youth aged 15 to 24 and adults aged 25 to 34.
Families
Kids Per Family
1.2
kids per family
in the neighbourhood.
Singles
54%
of residents are
single and loving it.
54% singles
Barrie (46%)Renters
33%
of residents
are renters.
33% renters
Barrie (30%)Education
22%
of residents are
university grads.
22% university grads
Barrie (23%)Income
Average Household Income
$97K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 20% |
| Trades | 10% |
| Government | 8% |
| Business | 8% |
| Management | 5% |
Immigrants
12%
of residents were
born outside of Canada.
12% immigrants
Barrie (13%)Birthplace - All
2.5% from UK
All-time
Birthplace - Recent
0.3% from Jamaica
Recent
Foreign Languages
Foreign Languages
| Mandarin | 2% |
| French | 2% |
| Punjabi | 1% |
| Spanish | 1% |
| Hindi | 1% |
Religions
Religions
| Christian | 62% |
| Muslim | 1% |
