268 Penn Ave
Bristol-London, Newmarket, L3Y 2S6
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3 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS6 + 5
ROOMSN3740778
MLSIDContact Us
Property Description
Gorgeous 3 Br Semi Bungalow With 2 Br Basement Apartment And Separate Entrance In Great Location In Newmarket, Totally Renovated And Updated Top To Bottom, Spent Thousands Of Dollars On Quality Materials And Workmanship, Spacious With Functional Layout, Close To School, Upper Canada Mall, Shopping Center And All Other Amenities. Minutes To Hwy 404 And Yonge St. Move In Condition.
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Extras
All Elf's, Main Floor Appl: Brand New S/S Fridge, Stove, Micro, Basement Appl:White Fridge, Stove, Micro, New Washer, Dryer, Windows & Doors (2007), Roof (2016), Cac, Furnace, 100 Amp. Hot Water Tank Rental. And Much More.See Attached List
Property Features
Hospital, Public Transit, School
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Property Details
Street
Community
City
Property Type
Semi-Detached, Bungalow
Lot Size
32' x 95'
Fronting
East
Taxes
$2,980 (2016)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.55' x 22.15' | Combined W/Dining, Hardwood Floor, Bay Window |
| Dining | Main | 11.55' x 22.15' | Combined W/Living, Hardwood Floor |
| Kitchen | Main | 11.15' x 15.09' | Stainless Steel Appl, Backsplash |
| Master | Main | 11.15' x 13.12' | Hardwood Floor, Closet |
| 2nd Br | Main | 8.69' x 14.60' | Hardwood Floor, Closet |
| 3rd Br | Main | 9.84' x 9.84' | Hardwood Floor, Closet |
| Rec | Bsmt | 11.15' x 17.55' | Laminate, Window, Open Concept |
| Br | Bsmt | 11.15' x 11.15' | Laminate, Window, Closet |
| Br | Bsmt | 9.68' x 11.65' | Laminate, Window, Closet |
| Kitchen | Bsmt | 11.15' x 17.72' | Laminate, Backsplash |
| Breakfast | Bsmt | 11.15' x 17.72' | Laminate, Combined W/Kitchen |
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Newmarket Market Statistics
Newmarket Price Trend
268 Penn Ave is a 3-bedroom 2-bathroom home listed for sale at $688,800, which is $400,200 (36.7%) lower than the average sold price of $1,089,000 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 3 bedroom home in Newmarket declined by $28,953 (2.6%) compared to the previous 30 day period (March 2 - March 31) and down $64,284 (5.6%) from the same time one year ago.Inventory Change
There were 77 3-bedroom homes listed in Newmarket over the last 30 days (April 1 - April 30), which is up 32.8% compared with the previous 30 day period (March 2 - March 31) and up 13.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Newmarket typically sold $9,130 (0.8%) above asking price over the last 30 days (April 1 - April 30), which represents a $15,876 decrease compared to the previous 30 day period (March 2 - March 31) and $52,441 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 (April 1 - April 30) stood at 74.0%, up from 56.9% over the previous 30 days (March 2 - March 31) and down from 79.4% 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 (April 1 - April 30), compared to 40 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc., Brokerage
Similar Listings
Experience the golden opportunity to own a cash-flowing property, uniquely equipped with good tenants who cherish and maintain their apts. Seize the moment and capitalize on this rare real-estate gem that stands as a legally registered, 2-apartment semi, recognized by the Town of Newmarket for dual-income. Presenting a cozy, well-maintained bungalow. The smart layout includes 3 bedrooms on the main floor and 2 additional bedrooms in the basement dwelling with a separate side entrance. Strategically located in vibrant neighborhood, you're just a short walk away from Tim Hortons, Upper Canada Mall which houses multiple shopping and dining options, Home Depot, McDonald's, and Starbucks. Offering convenience at its best, Southlake Hospital, Don Valley Parkway (DVP) and Highway 400 are all just a short drive away. The tenants are commendable, maintaining the cleanliness and integrity of the house keenly, adding value to your investment with every passing day. Don't wait for this property to pass you by. Instead, seize this opportunity and let this property be the hallmark of your real estate portfolio.
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