Bristol-London, Newmarket, L3Y 2S9
Description
***Development Opportunity*** In the Heart of Newmarket! Welcome to 374 Penn Dr, an exciting opportunity for builders, developers and investors looking for a property with outstanding future potential in a highly desirable location. Location is a key highlight-just a 5-minute walk to Newmarket's popular Main Street, offering an excellent selection of restaurants, cafes, shops and local amenities. Enjoy being approximately a 5-minute walk from the conservation area, scenic walking trails and dog park, as well as convenient access to trails, busses and South lake Regional Health Centre on Davis Drive, school, Upper Canada Mall, 5 minute walk to go station, and train ride is 25 minutes to Downtown Toronto. With this prime location, excellent accessibility and proximity to some of Newmarket's most sought-after amenities, this property presents an exceptional opportunity to invest, develop or hold for the future. Buyer and buyer's agent to conduct their own due diligence regarding zoning, permitted uses, development potential and municipal approvals. A rare opportunity in an outstanding Newmarket location!
Features
- Facing: South
- Bedrooms: 3
- Bathrooms: 3
- Garages: 9
- Kitchens: 1
Details
- Lot size: 69.42 x 261.96 Feet
- Space: 1100-1500
- Tax: $ 4920.00
- N13868110
- Listing contracted with: REMAX YOUR COMMUNITY REALTY
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 1xBath | 4 pcs | Main |
|
| 1xBath | 3 pcs | Basement |
|
| 1xBath | 1 pcs | Second |
Property Summary
Located close to the intersection of North Of Davis Dr, West Of Mai, 374 Penn Ave is a 3+1 bedrooms 3 washrooms Detached. The unit has a 9 None Parking Spaces. The property basement is Separate Ent Walk-Up. The property has many nice features including Primary Bedroom - Main. .Home Market Analysis
For Sale
For Lease
Comparable home values have decreased 5.4% compared with the same period last year.
Rent levels have decreased 14% compared with the same period last year.
How This Home Compares
Local Area Profile
This property is located in an area with a significant rental housing presence with a mix of detached homes and apartments and condominiums. Approximately 23% of residents hold a bachelor's degree or higher, while about 44% have a college credential. Driving is the primary commuting method for nearly all local commuters.
School Information
Elementary Schools
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Home schoolRank: 2473 out of 3022 (Score: 4.3)Distance to school: 0.4 km (~7 min walk)
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French Immersion school
Rank: 2473 out of 3022 (Score: 4.3)Distance to school: 0.4 km (~7 min walk) -
Distance to school: 2.2 km (~7 min drive)
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Rank: 963 out of 3022 (Score: 6.9)Distance to school: 2.6 km (~8 min drive)
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Catholic Gifted program school
Rank: 175 out of 3022 (Score: 8.5)Distance to school: 19.5 km (~59 min drive) Secondary Schools
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Home schoolRank: 291/746 (Score: 6.6) 5 year average: 290/746 (Score: 6.4)Distance to school: 1.3 km (~24 min walk)
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Rank: 48/746 (Score: 8.5) 5 year average: 44/746 (Score: 8.1)Distance to school: 2.9 km (~9 min drive)
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Rank: 219/746 (Score: 7.0) 5 year average: 257/746 (Score: 6.6)Distance to school: 1.4 km (~26 min walk)
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Arts program school
Rank: 219/746 (Score: 7.0) 5 year average: 257/746 (Score: 6.6)Distance to school: 1.4 km (~26 min walk) -
AP program school
Rank: 1/746 (Score: 10.0) 5 year average: 2/746 (Score: 9.3)Distance to school: 7.9 km (~24 min drive) -
Catholic Home school
Rank: 259/746 (Score: 6.8) 5 year average: 195/746 (Score: 7.0)Distance to school: 2.0 km (~36 min walk) -
Rank: 259/746 (Score: 6.8) 5 year average: 195/746 (Score: 7.0)Distance to school: 2.0 km (~36 min walk)
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Rank: 259/746 (Score: 6.8) 5 year average: 195/746 (Score: 7.0)Distance to school: 2.0 km (~36 min walk)
