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$429,900
Status: For Sale
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.
| Property Type | :Residential Condo & Other |
|---|---|
| MLS Number | :S13810088 |
| Listing Type | :Sale |
| Property Age | :6-10 Years |
| Possession Date | : |
| Last Updated | :21 Sep, 2026 (1 Day ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Simcoe |
|---|---|
| Postal Code | :
L4M 7C2
|
Fridge x2, Stove, Washer, Dryer, Dishwasher, Microwave.
| Visitor Parking |
| Price | : $429,900 |
|---|---|
| Property Taxes | :$3402.0 |
| Maintenance Fees | :$399.0/month |
|---|---|
| Tax Year | :2025 |
| Bedrooms | :4 + |
|---|---|
| No. of Rooms | :6 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Cross Street | :Georgian Drive/Penetanguishene Road |
| Bathrooms | :4 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :1200-1399 sqft |
| Fireplace/Stove | :Yes |
| Bedroom | :3.49 m x 2.44 m |
|---|---|
| Bedroom | :3.69 m x 2.44 m |
| Kitchen | :4.16 m x 3.49 m |
| Bathroom | :0.0 m x 0.0 m |
| Bathroom | :0.0 m x 0.0 m |
| Bedroom | :3.55 m x 2.93 m |
|---|---|
| Bedroom | :3.23 m x 2.74 m |
| Living Room | :4.16 m x 4.88 m |
| Bathroom | :0.0 m x 0.0 m |
| Bathroom | :0.0 m x 0.0 m |
| Exterior Finish | :Brick |
|---|---|
| Building Insurance | :Yes |
| Parking Space | :1 |
| Basement | :No |
| Pets | :Yes-with Restrictions |
| Laundry | :In-Suite Laundry |
|---|---|
| Laundry Level | :Main Level |
| Library | :Library |
21 Sep, 2026
TREB #S13810088
Listed
$429900.0
