169 Penn Ave Newmarket near Davis/Young | Semi-Detached home for sale

Description

Fantastic Investment Opportunity * 3+2 Bedroom * Legal Registered Basement * 1 Min Walk To Davis Drive & Transit * A Fantastic Opportunity For Investors, First-time Buyers & Extended Families * This bright & Charming Well-Maintained Bungalow Offers A Versatile Layout * Multiple Income Opportunities * The Main Floor Features 3 Spacious Bedrooms * Living Room W/ A Large Bay Window, Dining & A Well-Appointed Kitchen * Finished basement Offers 2 Separate Registered Units Each W/ Its Own Bedroom, Kitchen & Washroom * This Is An Outstanding Feature For Investors Looking To Generate Rental Income * Outside Enjoy A Private Backyard W/ Mature Trees & A Great Space For Relaxing & Entertaining * Location A Major Highlight W/ Walking Distance To Davis Drive & Public Transit & Conveniently Close To Schools, Parks, Grocery Stores, Shopping, Restaurants & Upper Canada Mall * Enjoy Easy Access To Major Roads, Main Street Newmarket & Fairy Lake Newmarket * Don't miss this unique investment opportunity!

Features

Facing: West
Bedrooms: 3
Bathrooms: 3
Garages:
Kitchens: 1

Details

Lot size: 32.50 x 95.00 Feet
Space: 700-1100
Tax: $ 3816.00
N13799914
Listing contracted with: HOMELIFE EAGLE REALTY INC.

Room	Size(M)	Description
Kitchen	3.57x3.52	Updated, Ceramic Floor, Granite Counters
Dining Rm	3.57x2.68	Vinyl Floor, Combined w/Living, Large Window
Living Rm	3.97x3.37	Vinyl Floor, Combined w/Dining, Large Window
Primary B	3.80x2.92	Vinyl Floor, Double Closet
2nd Br	3.67x2.43	Laminate, Closet
3rd Br	2.80x2.71	Laminate, Closet
Kitchen	4.38x2.87	Ceramic Floor
Living Rm	4.72x3.27	Laminate
4th Br	5.51x3.32	Laminate, Double Closet
5th Br	3.03x2.82	Laminate

Bathroom	Pieces	Level
1xBath	3 pcs	Main
1xBath	3 pcs	Basement
1xBath	3 pcs	Basement

Property Summary

Located close to the intersection of Davis and Young, 169 Penn Ave is a 3+2 bedrooms 3 washrooms Semi-Detached. The property basement is Apartment Separate Ent. The property has many nice features including Other. Kitchen, Dinning Room Rm and Living Room Rm are on the Main floor; Primary B, second bedroom and third bedroom are on the Ground floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 8.9% compared with the same period last year.

Rent levels have decreased 27.5% compared with the same period last year.

Recent Comparable Value Range

$520,000 – $810,000

Recent 6-Month Rent Range

$1,650 – $2,400/month

How This Home Compares

Market Temperature

Seller's Market

Strong SellerSellerBalancedBuyerStrong Buyer

Inventory conditions currently favour sellers of similar homes.

Typical Selling Time

15 Days

Similar homes are selling in about 15 days, faster than the same period last year.

Price Position

12.6% Higher

The asking price is above the estimated value of comparable homes.

Local Area Profile

This property is located in an area with a significant rental housing presence with a strong concentration of apartment and condominium housing. Approximately 21% of residents hold a bachelor's degree or higher, while about 21% have a college credential. Most local commuters travel by car, while a smaller share use public transit.

School Information

Elementary Schools
Maple Leaf Public School (Grade: JK-08) | School Boundary

Home school

Rank: 2473 out of 3022 (Score: 4.3)

Distance to school: 0.4 km (~8 min walk)
Maple Leaf Public School (Grade: 01-02) | School Boundary

French Immersion school

Rank: 2473 out of 3022 (Score: 4.3)

Distance to school: 0.4 km (~8 min walk)
Poplar Bank Public School (Grade: 03-08) | School Boundary

French Immersion school

Distance to school: 1.7 km (~31 min walk)
ST. ELIZABETH SETON (Grade: JK - 8) | School Boundary

Catholic French Immersion school

Rank: 963 out of 3022 (Score: 6.9)

Distance to school: 3.3 km (~10 min drive)
OUR LADY HELP OF CHRISTIANS (Grade: JK - 8) | School Boundary

Catholic Gifted program school

Rank: 175 out of 3022 (Score: 8.5)

Distance to school: 19.3 km (~58 min drive)
Secondary Schools
Dr. John M. Denison Secondary School (Grade: 09-12) | School Boundary

Home school

Rank: 291/746 (Score: 6.6) 5 year average: 290/746 (Score: 6.4)

Distance to school: 1.3 km (~24 min walk)
Newmarket High School (Grade: 11-12) | School Boundary

French Immersion school

Rank: 48/746 (Score: 8.5) 5 year average: 44/746 (Score: 8.1)

Distance to school: 3.2 km (~10 min drive)
Huron Heights Secondary School (Grade: 09-10) | School Boundary

French Immersion school

Rank: 219/746 (Score: 7.0) 5 year average: 257/746 (Score: 6.6)

Distance to school: 2.1 km (~6 min drive)
Huron Heights Secondary School (Grade: 09-12) | School Boundary

Arts program school

Rank: 219/746 (Score: 7.0) 5 year average: 257/746 (Score: 6.6)

Distance to school: 2.1 km (~6 min drive)
Dr. G.W. Williams Secondary School (Grade: 09-12) | School Boundary

AP program school

Rank: 1/746 (Score: 10.0) 5 year average: 2/746 (Score: 9.3)

Distance to school: 7.5 km (~23 min drive)
SACRED HEART (Grade: 9 - 12) | School Boundary

Catholic Home school

Rank: 259/746 (Score: 6.8) 5 year average: 195/746 (Score: 7.0)

Distance to school: 2.5 km (~8 min drive)
SACRED HEART (Grade: 9 - 12) | School Boundary

Catholic AP program school

Rank: 259/746 (Score: 6.8) 5 year average: 195/746 (Score: 7.0)

Distance to school: 2.5 km (~8 min drive)
SACRED HEART (Grade: 9 - 12) | School Boundary

Catholic Gifted program school

Rank: 259/746 (Score: 6.8) 5 year average: 195/746 (Score: 7.0)

Distance to school: 2.5 km (~8 min drive)