Detached House for sale at 316 Penn Avenue, Newmarket, Ontario, L3Y 2S8 - Bristol-London - MLS: N12477739

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316 Penn Avenue

Newmarket, Ontario, L3Y 2S8 - Bristol-London

$1,295,000

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Neighbourhood

Bristol-London
Major Intersection

Davis/Main St.

Listed Since: 15 day(s)
Last update: today

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Overview

Property Type

Detached, Bungalow
Bedrooms

3 + 1
Bathrooms

2
Basement

Fin W/O
Kitchen

1
Total Parking

5
Lot Size

66.03x114.1 (Feet)
Taxes

$4,300.00 (2025)
Type

Freehold

Property Description

Property description for 316 Penn Avenue, Newmarket

Welcome to 316 Penn Avenue - a beautifully renovated, move-in ready detached home nestled in one of Newmarket's most desirable communities (Yonge and Davis Dr Intersection). This Meticulously maintained property offers 3+1 bedrooms with a finished walk out basement with high quality finishes and stunning outdoor spaces perfect for family living and entertaining offers comfort, harmony and lasting value with just minutes to Downtown Newmarket Historic Main Street , Upper Canada Mall and high ranking schools. This property has been extensively upgraded from top to bottom with quality craftsmanship and modern finishes. Key exterior upgrades include: new roof with 4 ventilation vents (2021), new windows, front and back doors (2021), new siding with 1.5" aluminum-coated insulation (2021),new soffits, fascia, gutters, and downspouts (2021), privacy fence (2024), and full landscaping(2023). Enjoy outdoor living with a brand-new concrete driveway (2024), full concrete patio with fire pit and gazebo, and two storage sheds. Inside, no detail has been overlooked. Major mechanicals include an owned new high-efficiency Keep rite furnace and central AC (2-ton, 2021), Rheem water heater (2021), new plumbing (2024),and all ductwork/registers (2025). Electrical system completely redone in 2025 with all-new wiring, receptacles, switches, and modern light fixtures. The walk out fully finished large sized basement (2024) features a spacious bedroom, a full bathroom and a TV wall mount. The main floor (2025) boasts a complete renovation with 12mm laminate flooring with padding, a brand-new kitchen with all new appliances, full bathroom, three bedrooms, TV wall mount in the living room, and all-new interior doors. Extras include floating shelves, curtain rods, and pull-down blinds throughout. This home offers peace of mind and stylish living with every major update already done - just move in and enjoy!

Listed by RE/MAX REALTRON REALTY INC.

Property details

MLS #

N12477739
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Available, Private
Garage

None
Total Parking

5
Family Room

Y
Den

Y
Exterior

Alum Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete Block
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

N12477739
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Available, Private
Garage

None
Total Parking

5
Family Room

Y
Den

Y
Exterior

Alum Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete Block
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Kitchen

5.89 x 2.8 ft Ground level

Eat-In Kitchen, Backsplash, B/I Shelves
Living

4.95 x 3.3 ft Ground level

Window, 3 Pc Bath, Led Lighting
Br

4.25 x 3.9 ft Ground level

Led Lighting, Closet
2nd Br

3.31 x 2.75 ft Ground level

Led Lighting, B/I Closet, Laminate
3rd Br

3.35 x 2.71 ft Ground level

Led Lighting, B/I Closet, Laminate
Rec

8.4 x 4.2 ft Bsmt level

Tile Floor, 4 Pc Bath, Window

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 316 Penn Avenue, Newmarket

This property has been sold 5 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Neighbourhood Amenities & Points of Interest

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Local Real Estate Price Trends for Detached in Bristol-London

Active listings

Average Selling Price of a Detached

October 2025

$1,038,750

Last 3 Months

$1,069,350

Last 12 Months

$1,104,153

October 2024

$1,157,182

Last 3 Months LY

$1,181,561

Last 12 Months LY

$1,190,737

Change

-10%

Change

-9%

Change

-7%

Historical Average Selling Price of a Detached in Bristol-London

Average Selling Price

3 years ago

$1,194,543

Average Selling Price

5 years ago

$889,171

Average Selling Price

10 years ago

$594,250

Change

-13%

Change

17%

Change

75%

Number of Detached Sold

October 2025

Last 3 Months

Last 12 Months

October 2024

Last 3 Months LY

Last 12 Months LY

Change

-82%

Change

-33%

Change

-14%

How many days Detached takes to sell (DOM)

October 2025

Last 3 Months

Last 12 Months

October 2024

Last 3 Months LY

Last 12 Months LY

Change

62%

Change

56%

Change

24%

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.