Home with brick exterior material, street for 276 Penn Ave, Newmarket Ontario L3Y 2S6
2 days on Market

276 Penn Ave, Newmarket, Ontario L3Y 2S6

Semi-Detached
3 + 1
2
~700-1100 sqft
$939,900
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Semi-Detached
3 + 1
2
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,098/sqft

Est. Mortgage$4,036/mo

Tax Amount (2025)$4,314/yr

Days On Market2 days


Description

Discover this beautifully renovated 3+1 bedroom home, complete with a fully legal basement apartment (ADU Registration No. 2016-0013)-registered with the Town of Newmarket. This exceptional property effortlessly combines modern comfort with incredible investment potential, making it a perfect fit for first-time buyers or savvy investors seeking strong rental income. Enjoy potential rental income of $4,600/month plus utilities (Main Floor: $2,900 and Basement Unit: $1,700). The bright, open-concept main floor features engineered hardwood flooring, pot lights throughout, and its own private laundry-offering both comfort and convenience. The modern kitchen boasts quartz countertops and backsplash, soft-close cabinetry, and a brand-new appliance set- designed for both style and functionality. The spacious legal basement unit includes a separate entrance, brand-new kitchen, private laundry, washroom, large living area, bedroom, and a den-ideal for rental income or extended family. Additional highlights include: Extended driveway with parking for up to 4 vehicles, Elegant sandstone Patio in the front yard, Backyard with a spacious deck and a custom-built 5' x 9.5' shed-perfect for storage or a creative workspace. Situated just steps from Upper Canada Mall, Newmarket GO Station, Tim Hortons, Costco, and Walmart, and only minutes to Highways 404 and 400. You'll also enjoy the vibrant shops, dining, and community charm of Main Street Newmarket. Don't miss this opportunity to own a stylish, versatile home in one of Newmarket's most sought-after neighborhoods!


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size3,087 SqFt(95 x 32.5)
Parking Spaces4
MLS ®NumberN12229101
Community NameNeighborhood of Newmarket
Data SourceTRREB
Listing byHOMELIFE/MIRACLE REALTY LTD

Features

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

Main Floor

Kitchen

3.49 x 3.8

Granite Counter / Open Concept / hardwood floor

Dining

7.29 x 3.08

Combined W/Living / Pot Lights

Primary

3.77 x 2.8

Closet / Window / hardwood floor

2nd Br

2.47 x 2.46

Closet / Window / hardwood floor


Features

Lot size: 3,087 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Jun 18, 2025
ListedActive
$939,900
2 days on market
history photo preview22
Listing by trreb®
Property listed by HOMELIFE/MIRACLE REALTY 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

9 days

Compared to

2024

11 days

2023

7 days

2022

10 days

New Listings

Past 30 days

29 listings

Compared to

2024

16 listings

2023

17 listings

2022

30 listings

Units sold

Past 30 days

10 units

Compared to

2024

10 units

2023

11 units

2022

16 units

Median Sold Price

Past 30 days

$900,000

Compared to

2024

$1,057,500

2023

$991,000

2022

$929,500


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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget