380 Penn Avenue, Newmarket, ON
Property no longer active
This property was sold on September 20, 2024. 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 $849,000 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 1100-1500 sqft on a premium 57 x 132 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient carport configuration
- Notable attributes: In-Law Suite, Water Heater Owned
- equipped with window unit(s) central cooling and highly efficient radiant heating via electric
Description
Welcome to 380 Penn Ave situated on a Huge Premium 57 x 132 ft Private, treed lot in a Quiet Family Neighbourhood - just steps to Main Street - in the heart of Newmarket! This Solid Raised Brick Bungalow Features 4 Bedrooms and Over 2300 SqFt of Finished Living Space with a Spacious Open Concept Layout. W/O from Main Floor to Huge Covered Deck Surrounded by Lush Shade Trees. Two Identical Units (upper and lower) with Separate Entrance to Bright, Updated In-law Suite on Ground Level with 2 Large Bedrooms, reno'd bathroom & Separate: Laundry, Hydro Meter & HWT. Prof Finished Modern Basement Unit with Above Grade Windows is Freshly Painted with Brand New Laminate Flooring installed August 2024. Huge Driveway for all the Toys with 8 Parking Spaces + Carport! Fabulous Walk Score - just steps to GO Station & Historic Main Street, Fairy Lake Shops & Restaurants! Ideal central location surrounded by parks and conservation, close to schools elementary & secondary Schools, Transit & All Amenities!
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Property Summary
This detached home located at 380 Penn Avenue, Newmarket is currently for sale and has been available on SousaSells for 692 days. This property is listed at $849,000 with an estimated mortgage of $2,826* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 380 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
- •1100-1500 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
- School
- Park
- Hospital
- Public Transit
- Golf
- Rec./Commun.Centre
Interior Features
- In-Law Suite
- Water Heater Owned
Security Features
- Other
Community Features
None listed
Frequently Asked Questions about 380 Penn Avenue, Newmarket, ON
Q.What is the asking price for 380 Penn Avenue, Newmarket, ON ?
The current listing price for 380 Penn Avenue, Newmarket, ON in Bristol-London, Newmarket is $849,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 380 Penn Avenue, Newmarket, ON ?
380 Penn Avenue, Newmarket, ON is a Detached (Bungalow-Raised) featuring a Finished, Separate Entrance basement.
Q.What key property features does 380 Penn Avenue, Newmarket, ON offer?
Key property features include: School, Park, Hospital, Public Transit, Golf, Rec./Commun.Centre.
Q.What interior features are included in this home?
Interior highlights include: In-Law Suite, Water Heater Owned.
Q.What security features are installed at 380 Penn Avenue, Newmarket, ON ?
Security features include: Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 9.0 vehicles (Carport).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Window Unit(s).
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Pricing & Value Insights
Data-driven valuation for 380 Penn Avenue, Newmarket, ON L3Y 2S9
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 $849,000 in Newmarket, the legal minimum down payment is $59,900 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 $13,455 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 $13,455.
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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.