218 Penn Avenue, Newmarket, ON
Property Highlights
Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of Bristol-London. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,000 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 1100-1500 sqft on a premium 29.13 x 96.062992 ft lot
- Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient other configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Bring your vision to this value-packed opportunity in the heart of Newmarket. Ideally located just minutes from Upper Canada Mall, Southlake Regional Health Centre, schools, parks, public transit and major commuter routes, this semi-detached bungalow is ready for its next chapter. Featuring three bedrooms on the main level, a separate entrance to the basement with an additional bedroom, recreation space and laundry area, plus parking for two vehicles, the property offers a functional layout with exceptional potential. Whether you're an investor, contractor or experienced renovator, this is your opportunity to transform this property and unlock its full potential in one of Newmarket's most established and convenient neighbourhoods. Property is being sold in "as is, where is" condition without any representations or warranties by the Seller.
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Property Summary
This detached home located at 218 Penn Avenue, Newmarket is currently for sale and has been available on SousaSells for 16 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 218 Penn Avenue, Newmarket is in the Bristol-London neighborhood.
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* 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
- •1100-1500 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
None listed
Interior Features
- Primary Bedroom - Main Floor
Security Features
- None
Community Features
None listed
Frequently Asked Questions about 218 Penn Avenue, Newmarket, ON
Q.What is the asking price for 218 Penn Avenue, Newmarket, ON ?
The current listing price for 218 Penn Avenue, Newmarket, ON in Bristol-London, Newmarket is $599,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 1 bathroom across approximately 1100-1500 sqft.
Q.What property type and architectural style is 218 Penn Avenue, Newmarket, ON ?
218 Penn Avenue, Newmarket, ON is a Semi-Detached (Bungalow) featuring a Separate Entrance basement.
Q.What interior features are included in this home?
Interior highlights include: Primary Bedroom - Main Floor.
Q.What security features are installed at 218 Penn Avenue, Newmarket, ON ?
Security features include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (Other).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 218 Penn Avenue, Newmarket, ON L3Y 2S5
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 $599,000 in Newmarket, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.
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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.