175 Penn Ave, Newmarket - Semi-Detached Home

175 Penn Ave

LocationBristol-London, Newmarket, L3Y 2S3
$769K For Sale
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Description

Welcome to this beautifully maintained modern home in the heart of Newmarket, complete with a legal basement apartment offering excellent income potential and versatility. Both the main home and lower-level suite have been thoughtfully upgraded with modern kitchens and bright, open-concept layouts, creating stylish and functional living spaces filled with natural light and complemented by pot lights throughout .Convenience is key with separate laundry facilities in both units. Situated on a desirable corner lot, the property offers ample parking and a beautifully maintained backyard garden perfect for relaxing or entertaining. Ideally located close to shopping, schools, parks, Southlake Hospital, public transit and a wide range of everyday amenities. A fantastic opportunity for homeowners, investors or multi-generational families seeking modern finishes, flexibility and a prime Newmarket location.

Features

  • House Facing
    Facing: North
  • Bedrooms
    Bedrooms: 3
  • Bathrooms
    Bathrooms: 2
  • Garages
    Garages:
  • Kitchens
    Kitchens: 2

Details

  • Front Lot
    Lot size: 32.50 x 95.00 Feet
  • Lot Depth
    Space: 700-1100
  • Tax Amount
    Tax: $ 3667.00
  • MLS
    N13882332
  • Listing contracted with: EXP REALTY
Room Size(M) Description
Living Rm3.65x3.35

Laminate, Bay Window, Pot Lights

Dining Rm3.65x2.50

Combined w/Living, Laminate, Pot Lights

Kitchen4.20x3.60

Quartz Counter, Stainless Steel Appl, Modern Kitchen

Primary B3.50x3.20

Laminate, Closet, Window

2nd Br3.60x2.50

Laminate, Closet, Window

3rd Br3.00x2.60

Laminate, Closet, Window

Living Rm6.90x3.30

Window, Combined w/Dining, Pot Lights

Dining Rm6.90x3.30

Open Concept, Combined w/Living, Pot Lights

Kitchen4.20x2.60

Stainless Steel Appl, Backsplash, Modern Kitchen



Bathroom Pieces Level
1xBath4 pcs

Main

1xBath3 pcs

Basement



Property Summary

Located close to the intersection of Davis And Yonge St, 175 Penn Ave is a 3+1 bedrooms 2 washrooms Semi-Detached. The property basement is Apartment Separate Ent. The property has many nice features including Primary Bedroom - Main. Living Room Rm, Dinning Room Rm, Kitchen, Primary B, second bedroom and third bedroom are on the Main 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 29.2% 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
15.6% 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



Commute Information

GTA Go Train Newmarket Go Train Station (0.9km) - Free Parking available, parking lots: 271

Location





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