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Living room with furniture, unknown for 265 Penn Ave, Newmarket Ontario L3Y 2S4
1 day on Market

265 Penn Ave, Newmarket, Ontario L3Y 2S4

Detached
3 + 1
2
~1725 sqft
$599,000
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$5,990Cashback
Detached
3 + 1
2
~1725 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$347/sqft

Monthly cost

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+35

Properties sold*

$1.1M

Median sold price*

*Based on last 30 days

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 To Upper Canada Mall, Newmarket Go-Station, Tim Hortons & Newmarket Plaza Shopping Centre, Shops Along Main St Newmarket, Minutes To Highway 400 & 404


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Property Details

StyleBungalow
View-
Age of property-
SqFt~1725 SqFt
Lot Size3,091 SqFt(95.06 x 32.52)
Parking Spaces4
MLS ®Number40769346
Community NameNeighborhood of Newmarket
Data SourceITSO
Listing byKAMALI GROUP REALTY

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Separate Entrance, Full, Finished

Basement Floor

Bathroom

4-Piece

Living Room

4.47 x 2.69

Bedroom

5.36 x 3.45

Kitchen

4.65 x 3.51


Features

Lot size: 3,091 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Sep 12, 2025
ListedActive
$599,000
1 day on market
history photo preview49
Listing by itso®

Market Data - Neighborhood of Newmarket

Geo Zone Map ThumbnailNeighborhood of Newmarket

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

35 days

Compared to

2024

22 days

2023

17 days

2022

24 days

New Listings

Past 30 days

129 listings

Compared to

2024

84 listings

2023

95 listings

2022

76 listings

Units sold

Past 30 days

42 units

Compared to

2024

35 units

2023

39 units

2022

51 units

Median Sold Price

Past 30 days

$1,151,250

Compared to

2024

$1,100,000

2023

$1,335,000

2022

$1,168,000


Population and Demographics

Overview

Total population 83920
Average household income $141,299

Age (%)

0 to 19
23%
20 to 34
18%
35 to 49
21%
50 to 64
23%
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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget