For Sale: 10-242 Penetanguishene Road, Oro-Medonte, ON - REW
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$449,999
4 bd • 4 ba • 1400 - 1599 sf • Townhouse
10-242 Penetanguishene Road
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$449,999
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10 - 242 Penetanguishene RoadOro-Medonte, ON, L4M 7C2

Rural Oro-Medonte
  • 4 Bed
  • 4 Bath
  • 1400 - 1599 Sqft
  • Townhouse

About this home

**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.
Listed by: Daryl King, Salesperson, RE/MAX HALLMARK REALTY LTD.

Home facts and features

Price details
List Price
$449,999
Get Pre-Approved
Gross Taxes for 2026
$3,566
Strata Maintenance Fees
$429
Home facts
Bedrooms
4
Full Bathrooms
4
Parking Spaces
1
Parking Details
Reserved/Assigned
Property Type
Townhouse
Exterior Finish
Brick
Heating Type
Forced Air, Gas
Cooling
Central Air
Features
Ensuite
Amenities
Building Insurance Included, Common Elements Included
Community
Agent details
Primary Agent
Daryl King
Primary Broker
RE/MAX HALLMARK REALTY LTD.
Secondary Agent
Channy Scotland
Secondary Broker
RE/MAX HALLMARK REALTY LTD.
Listing details
Days on REW
1 Day
MLS® Number
S13857138
Source
Toronto Real Estate Board
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

St Monicas School
  • Catholic
  • JK - 8
Sevenoaks Academy
  • Private
  • JK - 8
ÉÉC Frère-André
  • Catholic
  • JK - 6
St Joseph's School
  • Catholic
  • 9 - 12
Monsignor Clair School
  • Catholic
  • JK - 8
Sister Catherine Donnelly Catholic School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Daryl King
Phone:
905-907-5464
Office:
905-883-4922
Salesperson
Channy Scotland
Phone:
647-402-6061
Office:
905-883-4922
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