159 Penn Avenue, Newmarket, ON
Property no longer active
This property was sold on January 7, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised semi-detached located in the coveted neighborhood of Bristol-London. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $650,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 34.94 x 100.06 ft lot
- Features a separate entrance, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: In-Law Capability, Primary Bedroom - Main Floor
- Efficient forced air heating via gas
Description
A well cared for home waiting for your personal updates. This raised bungalow offers three bedrooms and one bathroom with a functional layout and solid potential. The main level features a bright living area, a dated kitchen and bathroom, and three well-sized bedrooms, reflecting the home's original finishes. The clean unfinished basement spans the full footprint of the home and benefits from the raised design, allowing for larger windows and added natural light. A separate entrance provides excellent flexibility for future development, whether for additional living space, an in-law suite, or rental possibilities (subject to municipal approvals). Conveniently located close to shopping, transit, and everyday amenities, this property is ideal for buyers looking to update, customize and add value.
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Property Summary
This detached home located at 159 Penn Avenue, Newmarket is currently for sale and has been available on SousaSells for 231 days. This property is listed at $650,000 with an estimated mortgage of $2,164* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 159 Penn Avenue, Newmarket is in the Bristol-London neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Bristol-London, Newmarket.
- •3 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Public Transit
- School
- Hospital
Interior Features
- In-Law Capability
- Primary Bedroom - Main Floor
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 159 Penn Avenue, Newmarket, ON
Q.What is the asking price for 159 Penn Avenue, Newmarket, ON ?
The current listing price for 159 Penn Avenue, Newmarket, ON in Bristol-London, Newmarket is $650,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 159 Penn Avenue, Newmarket, ON ?
159 Penn Avenue, Newmarket, ON is a Semi-Detached (Bungalow-Raised) featuring a Separate Entrance, Unfinished basement.
Q.What key property features does 159 Penn Avenue, Newmarket, ON offer?
Key property features include: Public Transit, School, Hospital.
Q.What interior features are included in this home?
Interior highlights include: In-Law Capability, Primary Bedroom - Main Floor.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 159 Penn Avenue, Newmarket, ON L3Y 2S3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Newmarket, ON
For a property listed at $650,000 in Newmarket, the legal minimum down payment is $40,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,475 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,475.
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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.