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For saleMLS® N13868110

374 Penn Avenue, Newmarket, ON L3Y 2S9

Bristol-London, Newmarket · Near North Of Davis Dr, West Of Main St. N · View map

$2,199,000
3+1Beds
3Baths
1100–1500Sq ft
1 1/2 storeyType
9 totalParking
Separate Entrance, Walk-UpBasement
$4,920/yrTaxes
Call / Text Will

Other homes for sale in Bristol-London

Live from the Connect network
$2,199,000
Main-floor primary bedroomEveryday living on one level
Separate entranceRoom for an in-law or income suite
FreeholdNo monthly condo fee
Parking for 9Comes with the home
Lot 69.4 x 262 ftThe land comes with the home
Central airCool all summer

About this home

***Development Opportunity*** In the Heart of Newmarket! Welcome to 374 Penn Dr, an exciting opportunity for builders, developers and investors looking for a property with outstanding future potential in a highly desirable location. Location is a key highlight-just a 5-minute walk to Newmarket's popular Main Street, offering an excellent selection of restaurants, cafes, shops and local amenities. Enjoy being approximately a 5-minute walk from the conservation area, scenic walking trails and dog park, as well as convenient access to trails, busses and South lake Regional Health Centre on Davis Drive, school, Upper Canada Mall, 5 minute walk to go station, and train ride is 25 minutes to Downtown Toronto. With this prime location, excellent accessibility and proximity to some of Newmarket's most sought-after amenities, this property presents an exceptional opportunity to invest, develop or hold for the future. Buyer and buyer's agent to conduct their own due diligence regarding zoning, permitted uses, development potential and municipal approvals. A rare opportunity in an outstanding Newmarket location!

The home

Type
1 1/2 storey
Style
1 1/2 Storey
Square footage
1100-1500 sq ft
Bedrooms
3
Basement bedrooms
1
Bathrooms
3
Kitchens
2
Rooms
6
Basement
Separate Entrance, Walk-Up
Lot size
69.4 x 262 ft
Faces
South

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Vinyl Siding

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
No

Garage & parking

Garage spaces
9
Driveway spaces
9
Total parking
9
Parking features
Private

Taxes & other

Property taxes
$4,920/yr
Tax year
2026
Occupancy
Owner+Tenant
Possession
Flexible
Cross street
North Of Davis Dr, West Of Main St. N
Neighbourhood
Bristol-London

More

Price per sq ft
~$1,692 (at 1,300 sq ft)
MLS® number
N13868110

The home and its surroundings

  • Primary Bedroom - Main Floor
Want to know something that isn’t listed?
Estimated monthly cost$9,280per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    374 Penn Avenue, Newmarket, ON L3Y 2S9

    Bristol-London, Newmarket · Near North Of Davis Dr, West Of Main St. N

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    Sold history

    Listing history for 374 Penn Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 374 Penn Avenue

    Answers come straight from this home’s MLS® listing.

    How much is 374 Penn Avenue listed for, and what would it cost each month?

    374 Penn Avenue is listed for $2,199,000. With 20% down ($439,800), the mortgage payment would be roughly $8,870 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $9,280 a month, all in. That figure is an illustration, not a quote.

    Is 374 Penn Avenue freehold or a condo, and is there a monthly fee?

    374 Penn Avenue is a 1 1/2 storey in Bristol-London, Newmarket. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 374 Penn Avenue have?

    374 Penn Avenue has 3 bedrooms, plus 1 more bedroom in the basement, and 3 bathrooms.

    Does 374 Penn Avenue have a garage and parking?

    The listing does not show a garage. The driveway adds 9 spaces. In total the listing counts 9 parking spaces.

    Does 374 Penn Avenue have a finished basement?

    The listing describes the basement as separate entrance, walk-up. It counts 1 bedroom on that level. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.

    What style of home is 374 Penn Avenue?

    374 Penn Avenue is a 1 1/2 storey. A 1½-storey home has a full main floor and a partial second floor under the roofline, often with dormer windows.

    How big is 374 Penn Avenue, and what is the lot size?

    The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 69.4 x 262 ft.

    How is 374 Penn Avenue heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 374 Penn Avenue?

    Property taxes are $4,920 a year (2026), or about $410 a month.

    Where is 374 Penn Avenue?

    374 Penn Avenue is in the Bristol-London community of Newmarket. The nearest main intersection is North Of Davis Dr, West Of Main St. N. The postal code is L3Y 2S9.

    Is 374 Penn Avenue still for sale?

    Yes. It is an active listing (MLS® N13868110). Listings here update from the board through the day and come down once a home sells.

    What are similar bungalows near 374 Penn Avenue asking?

    Similar bungalow-style homes for sale nearby right now include 66 Roxborough Road at $2,798,888 (3 bed), 986 Srigley Street at $1,750,000 (5 bed) and 727 Madeline Heights at $1,599,000 (1+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 374 Penn Avenue sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 374 Penn Avenue?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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    Home value

    Value & price trends for 374 Penn Avenue

    Our Connect Estimate, plus how this price compares and how values have moved in Newmarket.

    Area price check

    Similar homes sold in Newmarket · last 12 months
    $869KMedian sold price
    140Homes sold
    22 daysTypical time to sell
    96%Of asking, on average
    Price per sq ft
    This home (asking)$1,692
    Newmarket median (sold)$679

    This home is asking 149% above the area median per sq ft. Size, lot, condition and upgrades all move the number, so use it as a guide.

    Value over time

    Median sold price of similar homes in Newmarket, by year
    +115%since 2012  ·  $403K → $868K
    $363K$653K$944K$1.23M201220142016201820202022202420262012 · 13 sales$403,0002013 · 215 sales$455,0002014 · 223 sales$486,0002015 · 270 sales$565,0002016 · 364 sales$715,0002017 · 234 sales$855,0002018 · 162 sales$710,5002019 · 208 sales$715,0002020 · 225 sales$820,0002021 · 291 sales$1,001,5002022 · 181 sales$1,165,0002023 · 191 sales$1,100,0002024 · 141 sales$1,050,0002025 · 146 sales$955,0002026 so far · 119 sales$868,000

    Tap or hover a point for that year. Area trend, not this specific home.

    Based on MLS® sales data. Estimates and trends are a guide only, not an appraisal. For a more accurate value, consult a licensed REALTOR®.