349 Penn Avenue, Newmarket, ON

$999,999
MLS#:N12102552
4 beds
2 baths
700-1100 sqft
8.5 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Bristol-London. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,999 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 50 x 194 ft lot
  • Features a ["apartment", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.5 total parking spaces available with a convenient attached configuration
  • Notable attributes: Accessory Apartment, Auto Garage Door Remote, Carpet Free
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 349 Penn Ave a charming and beautifully maintained raised brick bungalow nestled in the heart of Newmarket. This spacious 3-bedroom, 2-bathroom home sits on a deep, private lot surrounded by mature trees, offering peace and tranquility just minutes from all amenities. Step inside to discover a bright and functional layout featuring a newly renovated main floor bathroom and an updated kitchen with sleek stainless-steel appliances and modern countertops. The finished basement offers a separate entrance, which is equipped with a second kitchen, ensuite laundry, full bathroom, and ample living space ideal for extended family, in-laws, or rental potential. Walking distance to the Newmarket GO Station and the vibrant shops and restaurants along Main Street. Enjoy the convenience of a large 2.5 car attached garage, perfect for parking and storage. With its ideal location, privacy, updated features, and income potential, this home is a true gem in one of Newmarkets most desirable. Entire home foundation has been waterproofed, Backyard gazebo, tv wall mounts in family room and basement, window coverings, 2 stoves, 2 washers, 2 dryers, 2 fridges,2 dishwashers, microwave hood range on Main floor and additional microwave in basement. Partial Roof 2024, Kitchen Appliances 2024, Main Floor Washroom Renovation 2023, Pot Lights 2022, Railing 2023, Front Door 2023, Smooth Ceiling and Ceiling Paint 2021, House professionally painted in 2021, Attic Insulation with Batting 2022, Furnace serviced and warranty valid until 2029, RING Surveillance System with Doorbell Camera and Two Camera Floodlights, 200 Amp Service, New Panel, Generator Plug, and Play Panel 2020, 2 Sets of Washer and Dryer, Windows 2018, New under roof fascia renew and gutter covers installed 2020.neighbourhoods.

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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 DateMay 10, 2025
Sold price information is available to members only
Listed Date4/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size50 × 194 Feet
CountyYork
Annual Tax$5,206.53
Legal DescriptionLT 36 PL 113A EAST GWILLIMBURY ; NEWMARKET

Parking & Garage

Parking Spaces8.5
Garage Spaces6
Garage TypeAttached

Heating & Cooling

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

Features

Property Features

Community Features

Location

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349 Penn Avenue, Newmarket, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Bristol London, Newmarket.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Rogers
Public256 Rogers Road, Newmarket, Ontario, L3Y 1G6
7.8
Maple Leaf
Public155 Longford Drive, Newmarket, Ontario, L3Y 2Y7
5.3
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7
Canadian Martyrs
Public170 London Road, Newmarket, Ontario, L3Y 6R5
6.6

Secondary Schools

Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6
Newmarket
Public505 Pickering Crescent, Newmarket, Ontario, L3Y 8H1
8.5
Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 349 Penn Avenue, Newmarket, ON L3Y 2S7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$799,999.2
Monthly Mortgage$4,648
Property Tax (Est.)$434
Utilities & Maint.$350
Total Monthly Cost$5,432

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Newmarket.

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.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.