24 days on Market

316 Penn Ave, Newmarket, Ontario L3Y 2S8

Detached
3 + 1
2
~700-1100 sqft
$•••,•••
$1,295,000
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$12,950Cashback
Detached
3 + 1
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market24 days

Estimated valueNot available

Price/Sqft$1,514/sqft

Monthly cost

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CMA Subject Property

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+46

Properties sold*

$1.2M

Median sold price*

*Based on last 30 days

Description

Welcome to 316 Penn Avenue - a beautifully renovated, move-in ready detached home nestled in one of Newmarket's most desirable communities (Yonge and Davis Dr Intersection). This Meticulously maintained property offers 3+1 bedrooms with a finished walk out basement with high quality finishes and stunning outdoor spaces perfect for family living and entertaining offers comfort, harmony and lasting value with just minutes to Downtown Newmarket Historic Main Street , Upper Canada Mall and high ranking schools. This property has been extensively upgraded from top to bottom with quality craftsmanship and modern finishes. Key exterior upgrades include: new roof with 4 ventilation vents (2021), new windows, front and back doors (2021), new siding with 1.5" aluminum-coated insulation (2021),new soffits, fascia, gutters, and downspouts (2021), privacy fence (2024), and full landscaping(2023). Enjoy outdoor living with a brand-new concrete driveway (2024), full concrete patio with fire pit and gazebo, and two storage sheds. Inside, no detail has been overlooked. Major mechanicals include an owned new high-efficiency Keep rite furnace and central AC (2-ton, 2021), Rheem water heater (2021), new plumbing (2024),and all ductwork/registers (2025). Electrical system completely redone in 2025 with all-new wiring, receptacles, switches, and modern light fixtures. The walk out fully finished large sized basement (2024) features a spacious bedroom, a full bathroom and a TV wall mount. The main floor (2025) boasts a complete renovation with 12mm laminate flooring with padding, a brand-new kitchen with all new appliances, full bathroom, three bedrooms, TV wall mount in the living room, and all-new interior doors. Extras include floating shelves, curtain rods, and pull-down blinds throughout. This home offers peace of mind and stylish living with every major update already done - just move in and enjoy!


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size7,534 SqFt(114.1 x 66.03)
Parking Spaces5
MLS ®NumberN12477739
Community NameNeighborhood of Newmarket
Data SourceTRREB
Listing byRE/MAX REALTRON REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Fin W/O

Bsmt Floor

Rec

8.4 x 4.2

Tile Floor / 4 Pc Bath / Window


Features

Lot size: 7,534 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Oct 23, 2025
ListedActive
$1,295,000
24 days on market
history photo preview50
Listing by trreb®

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

31 days

Compared to

2024

23 days

2023

20 days

2022

20 days

New Listings

Past 30 days

131 listings

Compared to

2024

103 listings

2023

107 listings

2022

96 listings

Units sold

Past 30 days

46 units

Compared to

2024

46 units

2023

41 units

2022

64 units

Median Sold Price

Past 30 days

$1,080,000

Compared to

2024

$1,185,000

2023

$1,192,250

2022

$1,200,000


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