Investment signal

$2,199,000

4357 PENETANGUISHENE ROAD

Save this home

Beds

Baths

3 full + 2 half

Sqft

—

Year

—

Type

Agriculture

Suite

Suite potential

Text Hasan Open map Ask a question

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Springwater (Hillsdale). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Approx. 118.8 acres located within town boundaries and designated Urban Residential (buyer to verify). Property features approx. 1,000 ft frontage on Hwy 93 and is situated approx. 1 minute from Hwy 400 interchange, providing convenient access to Barrie and the Greater Toronto Area. Existing house and outbuildings currently generate rental income (details available upon request). Potential for residential development or private estate use, subject to approvals. Possibility of vendor take back mortgage. (id:65958)

Subtype: Agriculture
Community: Hillsdale
Lot dimensions: 1000 x 3152 Acre
Bedrooms: 3 above grade, 0 below grade
Parking: 10 total
Stories: 2
On market: Apr 25, 2026
Status changed: Apr 27, 2026
Annual tax: $3,791.3
Zoning: A
Photos: 1
MLS#: S13044750
Area: SPRINGWATER_(HILLSDALE)

Features and systems

Parking

No Garage

Heating

Not knownElectric

Exterior

BrickStucco

Lot

Irregular lot size

Utilities

SewerElectricityCable

Negative cash flow ~$2,300/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.28%

Cap rate

3.61%

GRM

16.7

Break-even rent

$13,421

Financing

Down payment$439,800

Loan amount$1,759,200

Mortgage$8,914/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,008

Insurance$80

Maintenance$1,833

CapEx reserve$916

Vacancy loss$550

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $8,914/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.