For SaleDetached · 1 1/2 StoreyMLS® #N13868110 · TRREB MLS®
374 Penn Ave, Newmarket, Ontario
Bristol-London, Newmarket, Ontario L3Y 2S9
- Bedrooms
- 3+1
- Lot Size
- 69.42 x 261.96 ft
- Bathrooms
- 3
- Type
- Detached
- Basement
- Separate Entrance
$2,199,000
Estimated market value
About 374 Penn Ave
374 Penn Ave is a 3+1-bedroom, 3-bathroom detached house in Bristol-London, Newmarket, listed for sale at an asking price of $2,199,000 (MLS® N13868110).
***Development Opportunity*** In the Heart of Newmarket! Welcome to 374 Penn Dr, an exciting opportunity for builders, developers and investors looking for a property with outstanding future potential in a highly desirable location. Location is a key highlight-just a 5-minute walk to Newmarket's popular Main Street, offering an excellent selection of restaurants, cafes, shops and local amenities. Enjoy being approximately a 5-minute walk from the conservation area, scenic walking trails and dog park, as well as convenient access to trails, busses and South lake Regional Health Centre on Davis Drive, school, Upper Canada Mall, 5 minute walk to go station, and train ride is 25 minutes to Downtown Toronto. With this prime location, excellent accessibility and proximity to some of Newmarket's most sought-after amenities, this property presents an exceptional opportunity to invest, develop or hold for the future. Buyer and buyer's agent to conduct their own due diligence regarding zoning, permitted uses, development potential and municipal approvals. A rare opportunity in an outstanding Newmarket location!
Insights
Condition Score
Good6 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$6,843/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 21 detached homes with 4 bedrooms for lease in Newmarket right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $4,920 / 2026
- MLS® number
- N13868110
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 69.42 x 261.96 ft
- Listed on
- Parking
- 9 None, 9 Parking
Listing history
Buy/sell history for 374 Penn Ave, Newmarket, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
Dates and closing prices are shown to signed-in members.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date Start— | — | $2,199,000 | — | For Sale | N13868110 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.
Property details
Property
- Property Type
- Detached
- Style
- 1 1/2 Storey
- Community
- Bristol-London
- Municipality
- Newmarket
Building
- Size
- 1100-1500 sqft
- Construction
- Vinyl Siding
Inside
- Bedrooms
- 3+1
- Bathrooms
- 3
- Bathroom Details
- 1 × 4pc Main, 1 × 3pc Bsmt, 1 × 1pc 2nd
- Basement Type
- Separate Entrance
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- None
- Garage
- 9
- Additional Parking
- 0
- Total Parking
- 9
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 69.42 ft
- Depth
- 261.96 ft
- Lot Size
- 69.42 x 261.96 ft
Additional
- Foundation
- Block
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- All appliances, electric light fixtures and window coverings currently on the property and noy belonging to the basement floor tenant.
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Map and tour
Detached homes for sale in Bristol-London right now
- For sale now
- 21
- Median asking price
- $979K
Middle half: $899K to $1.09M
This home is asking 125% above the median, higher than three quarters of them.
See all homes in Bristol-LondonAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $41,450
- Total land transfer tax
- $41,450
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $37,450
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,199,000
- $4,975
- Ontario total
- $41,450
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m7 test or monitoring holes also recorded.250 m
- Groundwater recorded about 4.2 m below ground nearbyThe middle water level in the well records within 500 m (140 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasChecked at the listing’s mapped point, not across the whole lot.At the address
- Nearest airport: 3.6 km3.6 km
Province of Ontario open data
Around the home2
- Nearest rail line: 260 m260 m
- A trail or path within 1 km1 km
Province of Ontario open data · Provincial and municipal trail maps
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is G.F. THOMPSON COMPANY LIMITED, 2.8 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Newmarket-Tay Power Distribution Ltd.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, telMAX. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, RuralNet, Vianet, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Lake Simcoe Region Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Maple Leaf Public SchoolYork Region DSB | Public · grades JK–8 · French Immersion | 400 m | 80%Grade 6 average |
| Canadian Martyrs Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 850 m | 81%Grade 6 average |
| Denne Public SchoolYork Region DSB | Public · grades JK–8 | 1 km | 70%Grade 6 average |
| ÉÉC Jean-BéliveauConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 4.6 km | 76%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Dr John M Denison Secondary SchoolYork Region DSB | Public · grades 9–12 | 1.3 km | 47%Grade 9 math |
| Huron Heights Secondary SchoolYork Region DSB | Public · grades 9–12 | 1.5 km | 46%Grade 9 math |
| Sacred Heart Catholic High SchoolYork CDSB | Catholic · grades 9–12 | 1.9 km | 62%Grade 9 math |
| Newmarket High SchoolYork Region DSB | Public · grades 9–12 · French Immersion | 2.9 km | 75%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Davis Dr / Main St | YRT bus rapid transit: Viva Yellow | 350 m |
| Newmarket GO | GO Transit train: Barrie | 400 m |
| Davis Dr / Longford Dr | YRT bus rapid transit: Viva Yellow | 850 m |
| Southlake Regional Health Centre | YRT bus rapid transit: Viva Yellow | 1 km |
| Davis Dr / Huron Heights Dr | YRT bus rapid transit: Viva Yellow | 1.5 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.
Lot
- Lot area
- 18,185 sq ft1,689 m²
- Street frontage
- 69.42 ft21.2 m
- Depth
- 261.96 ft79.8 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $439,800
- Total mortgage amount
- $1,759,200
- Total interest payment
- $1,250,700
- Total purchase cost
- $3,449,700
- Mortgage payment
- $10,033/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
75%Monthly carrying cost
$10,443- Rent $3,600
- Shortfall $6,843
Rental income opens at $3,600, the median asking rent of 21 comparable homes for lease in Newmarket. Type over it with the rent you expect. This is a planning tool, not advice.
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Sold prices in Bristol-London are shown to signed-in members.