276 Penn Avenue, Newmarket, ON

$899,000
MLS#:N12229101
4 beds
2 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] semi-detached located in the coveted neighborhood of Bristol-London. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 32.5 x 95 ft lot
  • Features a ["finished", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Accessory Apartment, Carpet Free, In-Law Suite
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Discover this beautifully renovated 3+1 bedroom home, complete with a fully legal basement apartment (ADU Registration No. 2016-0013)-registered with the Town of Newmarket. This exceptional property effortlessly combines modern comfort with incredible investment potential, making it a perfect fit for first-time buyers or savvy investors seeking strong rental income. Enjoy potential rental income of $4,600/month plus utilities (Main Floor: $2,900 and Basement Unit: $1,700). The bright, open-concept main floor features engineered hardwood flooring, pot lights throughout, and its own private laundry-offering both comfort and convenience. The modern kitchen boasts quartz countertops and backsplash, soft-close cabinetry, and a brand-new appliance set- designed for both style and functionality. The spacious legal basement unit includes a separate entrance, brand-new kitchen, private laundry, washroom, large living area, bedroom, and a den-ideal for rental income or extended family. Additional highlights include: Extended driveway with parking for up to 4 vehicles, Elegant sandstone Patio in the front yard, Backyard with a spacious deck and a custom-built 5' x 9.5' shed-perfect for storage or a creative workspace. Situated just steps from Upper Canada Mall, Newmarket GO Station, Tim Hortons, Costco, and Walmart, and only minutes to Highways 404 and 400. You'll also enjoy the vibrant shops, dining, and community charm of Main Street Newmarket. Don't miss this opportunity to own a stylish, versatile home in one of Newmarket's most sought-after neighborhoods!

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 25, 2025
Sold price information is available to members only
Listed Date6/18/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
ConstructionBrick
Lot Size32.5 × 95 Feet
CountyYork
Annual Tax$4,313.5
Legal DescriptionPT LT 7 PL 516 EAST GWILLIMBURY AS IN R438583; S/T A25037A NEWMARKET TOWN OF NEWMARKET

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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276 Penn Avenue, Newmarket, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 276 Penn Avenue, Newmarket, ON L3Y 2S6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$719,200
Monthly Mortgage$4,179
Property Tax (Est.)$359
Utilities & Maint.$350
Total Monthly Cost$4,888

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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276 Penn Avenue, Newmarket - 4 Bed 2 Bath Home For Sale | MLS# N12229101 | ZooZaa | ZooZaa Real Estate