A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 234 Penn Ave, Newmarket Ontario L3Y 2S5
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29 days on Market

234 Penn Ave, Newmarket, Ontario L3Y 2S5

Semi-Detached
3 + 2
2
~700-1100 sqft
$799,000
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Semi-Detached
3 + 2
2
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$934/sqft

Est. Mortgage$3,431/mo

Tax Amount (2024)$3,931/yr

Days On Market29 days


Description

This semi-detached gem sits on a premium corner lot and features a legally registered basement apartment with A++ tenants currently paying: Rental Income: Upstairs: $2,500/month, Basement: $1,650/month (Basement Registration Number2010-0007) (Total: $4150/month + Utility Completely Covers the Mortgage!) Prime Location: Nestled at Penn Avenue & Hill Street, just steps from parks, shopping, and top-rated restaurants. Move-in Ready Your Choice! Keep the A++ tenants for a stress-free investment, or have the home vacant upon closing for personal use. An Investors Dream & Perfect for Homeowners! Don't miss out schedule your showing today!


Property Details

StyleBungalow
ViewClear
Age of property31-50
SqFt~700-1100 SqFt
Lot Size3,131 SqFt(96.35 x 32.5)
Parking Spaces4
MLS ®NumberN12062777
Community NameNeighborhood of Newmarket
Data SourceTRREB
Listing byCENTURY 21 HERITAGE GROUP LTD.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Sep Entrance

Main Floor

Dining

3.19 x 2.14

Laminate / Combined W/Living / Dead End

Kitchen

4.06 x 3.62

Ceramic Floor / Window

Primary

3.65 x 3.15

Laminate / Window / Walk-Out

2nd Br

4.0 x 2.45

Laminate / Window / Closet


Features

Lot size: 3,131 SqFt

Parking

Garage spaces 2

Garage type Carport

Other parking spaces 2

Total parking spaces 4


Property History

Apr 4, 2025
ListedActive
$799,000
29 days on market
history photo preview39
Listing by trreb®
Property listed by CENTURY 21 HERITAGE GROUP LTD., Brokerage

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Market Data - Neighborhood of Newmarket

Geo Zone Map ThumbnailNeighborhood of Newmarket

Balanced Market

View Market Data

Semi-Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2024

25 days

2023

10 days

2022

6 days

New Listings

Past 30 days

29 listings

Compared to

2024

22 listings

2023

19 listings

2022

26 listings

Units sold

Past 30 days

8 units

Compared to

2024

16 units

2023

15 units

2022

12 units

Median Sold Price

Past 30 days

$936,500

Compared to

2024

$899,500

2023

$880,000

2022

$1,070,000


Population and Demographics

Overview

Total population 83920
Average household income $141,299

Age (%)

0 to 19
23%
50 to 64
23%
35 to 49
21%
20 to 34
18%
65 and plus
16%

Household composition (%)

Single family
75%
Single person
20%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
74%
Iranian Persian
5%
Mandarin
5%
Others
4%
Russian
3%
Yue (Cantonese)
3%
Spanish
1%
Italian
1%

House tenancy (%)

Owners
75%
Renters
25%

Schools and amenities

Estimated Budget