351 Glenrose Rd

FOR SALE
$1,285,000
351 Glenrose Rd, Newmarket
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
351 Glenrose Rd
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3 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
7 + 6
ROOMS
N8278584
MLSID
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Property Description
Nestled in Newmarket's heart, this spacious property boasts a 52x150 foot lot, recently renovated with $200,000+ in upgrades. The main floor offers three bedrooms, two bathrooms, a modern kitchen, and a bright living room with ample natural light. Unique to this level, is the dual bathrooms, a luxury not commonly found in this type of homes, making daily routines more convenient, while the ensuite adds convenience and privacy to the main bedroom. The fully separated basement apartment has its own kitchen, double sink bathroom, laundry facilities, and two additional bedrooms, perfect for rental income or additional family space. With parking for up to five cars and potential rental income exceeding $5,000 per month, this property appeals to investors and first-time homebuyers or downsizers who can benefit from living in one unit while renting out the other to help with mortgage costs. With a lot size this substantial, the future potential for adding garden suites is there, pending the appropriate permits. Whether you're in the market for an investment or a new place to call home, this property offers both versatility and tremendous promise. Don't miss out on this amazing home!
Extras
2 Fridge, 2 Stove, Dishwasher, 2 Washer, 2 Dryer, and All Electrical Light Fixtures. Driveway will be paved in May. New Furnace & Water Tank
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
52' x 155'
Acreage
< .50
Fronting
East
Taxes
$4,236 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Carport
Room Summary
RoomLevelSizeFeatures
LivingGround17.06' x 17.42'
KitchenGround10.01' x 11.68'
Prim BdrmGround10.89' x 14.63'
2nd BrGround10.83' x 13.12'
3rd BrGround8.86' x 11.15'
BathroomGround6.56' x 10.17'
BathroomGround6.89' x 10.17'
KitchenBsmt10.83' x 16.73'
LivingBsmt11.48' x 21.33'
4th BrBsmt7.87' x 10.50'
5th BrBsmt7.55' x 10.50'
BathroomBsmt11.15' x 7.22'
Newmarket Market Statistics
Newmarket Price Trend
351 Glenrose Rd is a 3-bedroom 3-bathroom home listed for sale at $1,285,000, which is $217,800 (20.4%) higher than the average sold price of $1,067,200 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Newmarket declined by $48,801 (4.4%) compared to the previous 30 day period (March 15 - April 13) and down $111,438 (9.5%) from the same time one year ago.
Inventory Change
There were 84 3-bedroom homes listed in Newmarket over the last 30 days (April 14 - May 13), which is up 64.7% compared with the previous 30 day period (March 15 - April 13) and up 25.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Newmarket typically sold $48,520 (4.5%) above asking price over the last 30 days (April 14 - May 13), which represents a $43,298 increase compared to the previous 30 day period (March 15 - April 13) and $64,070 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 14 - May 13) stood at 47.6%, down from 103.9% over the previous 30 days (March 15 - April 13) and down from 89.6% 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 10 days when successfully sold over the last 30 days (April 14 - May 13), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty
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