23 days on Market

265 Penn Ave, Newmarket, Ontario L3Y 2S4

Detached
3 + 1
2
~1725 sqft
$•••,•••
$828,000
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$8,280Cashback
Detached
3 + 1
2
~1725 sqft

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Highlights

Property Estimate

Days on market23 days

Estimated valueNot available

Price/Sqft$480/sqft

Monthly cost

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CMA Subject Property

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+51

Properties sold*

$1.2M

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 From Luxury Custom Built Homes, Upper Canada Mall, Newmarket Go-Station, Tim Hortons & Newmarket Plaza Shopping Centre, Shops Along Main St Newmarket, Minutes To 2 Costco's, Highway 400 & 404


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


Market Data - Neighborhood of Newmarket

Geo Zone Map ThumbnailNeighborhood of Newmarket

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

29 days

Compared to

2024

32 days

2023

18 days

2022

18 days

New Listings

Past 30 days

146 listings

Compared to

2024

131 listings

2023

120 listings

2022

89 listings

Units sold

Past 30 days

49 units

Compared to

2024

51 units

2023

39 units

2022

44 units

Median Sold Price

Past 30 days

$1,060,000

Compared to

2024

$1,240,000

2023

$1,150,000

2022

$1,290,000


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