349 Penn Avenue, Newmarket, ON
Property no longer active
This property was sold on May 13, 2025. This listing is for reference purposes only. to view the sold price.
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
Description
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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Property Summary
This detached home located at 349 Penn Avenue, Newmarket is currently for sale and has been available on SousaSells for 469 days. This property is listed at $999,999 with an estimated mortgage of $3,329* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 349 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
None listed
Interior Features
- Accessory Apartment
- Auto Garage Door Remote
- Carpet Free
- Water Softener
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 349 Penn Avenue, Newmarket, ON
Q.What is the asking price for 349 Penn Avenue, Newmarket, ON ?
The current listing price for 349 Penn Avenue, Newmarket, ON in Bristol-London, Newmarket is $999,999.
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 349 Penn Avenue, Newmarket, ON ?
349 Penn Avenue, Newmarket, ON is a Detached (Bungalow-Raised) featuring a Apartment, Separate Entrance basement.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment, Auto Garage Door Remote, Carpet Free, Water Softener.
Q.Is parking available at this property?
Yes, this property offers parking space for 8.5 vehicles (Attached).
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 349 Penn Avenue, Newmarket, ON L3Y 2S7
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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 $999,999 in Newmarket, the legal minimum down payment is $75,000 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 $16,475 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 $16,475.
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