217 Penn Ave

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217 Penn Ave, Newmarket
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3 + 2
BEDROOMS
2
BATHROOMS
2
KITCHENS
6 + 4
ROOMS
N3779793
MLSID
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Property Description
Great Investment Opportunities.Basement And Main Level With Separate Entrance.Updated,Upgraded & Renovated.Both Units W/Separate Laundry. Convenient Location To All Amenities,Shopping, Transit And School. Open Concept Reno'd Kitchen, Potlights.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-05-03 2019-05-13 10 $569,000 $545,000 Sold
Extras
Newer Windows,Newer Roof,Newer Furnace & A/C,2 Fridges, 2 Stoves, 2 B/I Microwaves ,2 Washers & Dryers,D/W.
Property Features
Park, Public Transit, School
Property Details
Street
Property Type
Semi-Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
28' x 110'
Acreage
< .50
Lot Irregularities
Pie Shaped - 43.7' Across Back W/Garden
Fronting
North
Taxes
$2,853 (2016)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Carport
Room Summary
RoomLevelSizeFeatures
KitchenMain11.38' x 13.16'Ceramic Back Splash, Pantry, B/I Dishwasher
LivingMain10.66' x 13.29'Laminate, Open Concept, Bay Window
DiningMain8.50' x 10.40'Laminate, Track Lights, O/Looks Living
MasterMain9.88' x 12.53'Double Closet, O/Looks Backyard, Broadloom
2nd BrMain7.91' x 14.96'Closet, Broadloom, O/Looks Backyard
3rd BrMain8.89' x 8.92'Closet, Combined W/Laundry, Broadloom
FoyerMain3.71' x 7.12'Window, Closet, Linoleum
KitchenLower9.78' x 16.27'Renovated, Laminate, Open Concept
LivingLower10.10' x 22.90'Pot Lights, Open Concept, Laminate
BrLower10.63' x 10.70'Closet, Window, Broadloom
BrLower8.92' x 10.47'Laminate, Window, Pot Lights
BathroomLower8.01' x 8.99'Linen Closet, Window, Combined W/Laundry
Newmarket Market Statistics
Newmarket Price Trend
217 Penn Ave is a 3-bedroom 2-bathroom home listed for sale at $799,900, which is $299,245 (27.2%) lower than the average sold price of $1,099,145 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 3 bedroom home in Newmarket increased by $59,645 (5.7%) compared to the previous 30 day period (January 28 - February 26) and up $25,641 (2.4%) from the same time one year ago.
Inventory Change
There were 67 3-bedroom homes listed in Newmarket over the last 30 days (February 27 - March 27), which is up 52.3% compared with the previous 30 day period (January 28 - February 26) and up 36.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Newmarket typically sold $38,285 (3.5%) above asking price over the last 30 days (February 27 - March 27), which represents a $36,802 increase compared to the previous 30 day period (January 28 - February 26) and $62,294 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Newmarket over the last 30 days (February 27 - March 27) stood at 52.2%, down from 52.3% over the previous 30 days (January 28 - February 26) and down from 79.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Newmarket stood at 9 days when successfully sold over the last 30 days (February 27 - March 27), compared to 29 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty Inc., Brokerage
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