228 Penn Ave

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228 Penn Ave, Newmarket
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 2
ROOMS
N3810325
MLSID
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Property Description
Tastefully And Generously Renovated Semi-Detach With High End Material. Hardwood Floors, Quartz Counter Tops. I.C Rated Pot Lights On Main Floor. Basement With A Separate Entrance Is Beautifully Finished With Large Rec Room, 4 Pcs Washroom And A Large Bedroom.Driveway Paved (2015), Ac (2016) And Rental Hwt (2016). Situated In A High Demand And Family Friendly Neighborhood Steps To Yonge & Davis, Shops, Schools, Transit And Upper Canada Mall. A Must See!!!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-05-20 2021-05-26 6 $599,000 $727,000 Sold
Extras
**All Existing Appliances; High End Washer & Dryer, S/S Fridge, Stove, B/I Dishwasher And Microwave On Main Floor. Fridge, Washer & Dryer And Stove And All Existing Light Fixtures In Bsmt. All Measurements And Taxes Verify By Buyer
Property Details
Street
Property Type
Semi-Detached, Bungalow
Lot Size
32' x 95'
Fronting
South
Taxes
$2,644 (2016)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Carport
Room Summary
RoomLevelSizeFeatures
LivingMain10.66' x 20.51'Hardwood Floor, Combined W/Dining, Pot Lights
DiningMain10.66' x 20.51'Hardwood Floor, Combined W/Living, Pot Lights
KitchenMain9.09' x 9.74'Backsplash
MasterMain10.33' x 11.98'Hardwood Floor, Closet, Large Window
2nd BrMain9.58' x 11.98'Hardwood Floor, Closet, Large Window
3rd BrMain7.09' x 9.91'Hardwood Floor, Closet, Large Window
4th BrBsmt10.89' x 15.58'Laminate
RecBsmt16.67' x 20.08'Laminate, Window
Newmarket Market Statistics
Newmarket Price Trend
228 Penn Ave is a 3-bedroom 3-bathroom home listed for sale at $669,000, which is $428,678 (39.1%) lower than the average sold price of $1,097,678 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom home in Newmarket increased by $7,590 (0.7%) compared to the previous 30 day period (February 26 - March 26) and down $18,548 (1.7%) from the same time one year ago.
Inventory Change
There were 67 3-bedroom homes listed in Newmarket over the last 30 days (March 27 - April 25), which is down 1.5% compared with the previous 30 day period (February 26 - March 26) and up 1.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Newmarket typically sold $8,196 (0.7%) above asking price over the last 30 days (March 27 - April 25), which represents a $30,055 decrease compared to the previous 30 day period (February 26 - March 26) and $47,388 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 (March 27 - April 25) stood at 83.6%, up from 51.5% over the previous 30 days (February 26 - March 26) and up from 72.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Newmarket stood at 9 days when successfully sold over the last 30 days (March 27 - April 25), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Kingsway Real Estate Brokerage, Brokerage
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