#10 - 242 Penetanguishene Rd
$449,999
14 days on market
4
4
1
1,400 sqft
MLS® # S13857138
Price/Sqft Range
1000 sqft - 1199 sqft
Avg Price/Sqft
$382 / sq. ft.
Completed
Built: 2016
Building Scale
Floors: 1 | Total Units: 32
Category
Condo
Style
Condo Townhouse
Type
2-Storey
Taxes / Year
$3,566.04 / 2026
Condo Fees
$428.76
Status
New
Days on Market
14 Days Ago
List Date
Oct 2, 2026
Listing Updated On
Oct 9, 2026
#Stories (Build)
1
Description
This townhouse at 10-242 Penetanguishene Road is fully tenanted. It generates $3,300 per month in gross rental income. The existing tenants provide immediate cash flow.
A new washer and dryer were installed in 2023. The asking price is $449,999. That price reflects an approximate 9.9% gross rental yield.
Estimated known annual expenses are approximately $12,652. Estimated net operating income is approximately $26,948 before maintenance, vacancy and other potential operating expenses. Additional parking can be purchased from management for a monthly fee.
Building Details
Building Type
Townhouse
Property Management
Built in 2016
Condo Corp
SCC-420
Date Registered
Oct 24, 2016
Sale History
Exterior
Construction Details
Exterior
Brick
Condo Details
CCP# / Name
420 / SSCC
Legal
Brokerage
RE/MAX HALLMARK REALTY LTD.
