374 Penn Avenue, Newmarket, ON L3Y 2S9
Bristol-London · L3Y 2S9
$2,199,000
$1,999 / sq ft4 weeks on market
- Bedrooms
- 3+1
- Bathrooms
- 3
- Interior
- 1,100 sf
- Parking
- 9
- Lot
- 69.42 × 261.96 ft
What's special
- 9 parking spaces
- Central air
- Separate entrance
- Primary bedroom - main floor
About this property
***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!
Features
- Primary Bedroom - Main Floor
Property details
Property
- Property type
- detached
- Bedrooms
- 3 + 1
- Bathrooms
- 3
- Interior size
- 1,100 sq ft
- Lot size
- 69.42 × 261.96 ft
- Possession
- Flexible
Interior
- Basement
- Separate Entrance, Walk-Up
- Heating
- Forced Air · Gas
- Cooling
- Central Air
- Exposure
- South
Exterior & services
- Construction
- Vinyl Siding
- Parking spaces
- 9
- Sewer
- Sewer
Costs
- List price
- $2,199,000
- Property taxes
- $4,920 / year (2026)
- Price per sq ft
- $1,999
Listing
- MLS® number
- N13868110
- Status
- For sale
- Listed
- October 6, 2026
- Days on market
- 29
- Last updated
- October 6, 2026
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 100% of comparable detached listings in Bristol-London are asking less.
- This home
- $1,999 / sq ft
- Comparable median
- $724 / sq ft
Based on 16 comparable active detached listings in Bristol-London. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $9,726.92
- Property tax (est.)
- $410.00
- Estimated monthly
- $10,137
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $41,450
- Total due on closing
- $41,450
An estimate on the asking price of $2,199,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of REMAX YOUR COMMUNITY REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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