265 Penn Avenue, Newmarket, ON
Property no longer active
This property was sold on October 31, 2025. This listing is for reference purposes only. to view the sold price.
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 $828,000 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 32.52 x 95.06 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Accessory Apartment, Guest Accommodations, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare-Find!! 2025 Renovated!! LEGAL BASEMENT APARTMENT (ARU) Registered With The Town Of Newmarket!! (Registration #: 2011-0038) 2 Self-Contained Units, Separate Entrance To Legal Basement Apartment, 2 Sets Of Washers & Dryers! Potential Rental Income Of $4,500 + Utilities ($2,700+$1,800)! Vacant, Move-In Or Rent! Open Concept Living & Dining Room With Pot Lights, Renovated Kitchen With Quartz Countertop & Backsplash, Luxury KitchenAid Fridge, Renovated Bathroom, Legal Basement Apartment With Pot Lights Throughout, Bedroom With Wall To Wall Closet, Private Backyard, Backyard Interlock Patio, Exterior Pot Lights, 2-Car Wide Driveway With 4 Parking, Steps From Luxury Custom Built Homes, Upper Canada Mall, Newmarket Go-Station, Tim Hortons & Newmarket Plaza Shopping Centre, Shops Along Main St Newmarket, Minutes To 2 Costco's, Highway 400 & 404
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Property Summary
This detached home located at 265 Penn Avenue, Newmarket is currently for sale and has been available on SousaSells for 330 days. This property is listed at $828,000 with an estimated mortgage of $2,756* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 265 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 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Bristol-London, Newmarket.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Bristol-London, Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Park
- Fenced Yard
- School
- Public Transit
- Rec./Commun.Centre
Interior Features
- Accessory Apartment
- Guest Accommodations
- In-Law Capability
- In-Law Suite
- Primary Bedroom - Main Floor
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 265 Penn Avenue, Newmarket, ON
Q.What is the asking price for 265 Penn Avenue, Newmarket, ON ?
The current listing price for 265 Penn Avenue, Newmarket, ON in Bristol-London, Newmarket is $828,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 265 Penn Avenue, Newmarket, ON ?
265 Penn Avenue, Newmarket, ON is a Semi-Detached (Bungalow) featuring a Apartment, Separate Entrance basement.
Q.What key property features does 265 Penn Avenue, Newmarket, ON offer?
Key property features include: Hospital, Park, Fenced Yard, School, Public Transit, Rec./Commun.Centre.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment, Guest Accommodations, In-Law Capability, In-Law Suite, 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 Central Air.
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Pricing & Value Insights
Data-driven valuation for 265 Penn Avenue, Newmarket, ON L3Y 2S4
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 $828,000 in Newmarket, the legal minimum down payment is $57,800 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 $13,035 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 $13,035.
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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.