367 Penn Ave
Bristol-London, Newmarket, L3Y 2S7
FOR SALE
$1,499,900
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4 + 2
BEDROOMS7
BATHROOMS1
KITCHENS9
ROOMSN8315414
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Property Description
Custom detached home on a massive 50 x 195 premium lot, featuring 4+2 bedrooms and 7 luxurious bathrooms. Located mere moments from Newmarket's Historic Main Street, this architectural masterpiece boasts an impressive 5,700SqFt of luxury living, including a meticulously finished walk-out basement. From its captivating stone exterior and contemporary garage doors to the grand entrance, every detail exudes elegance. 10ft ceilings on the main and basement floor and 9ft ceilings on the second floor. Custom wall paneling throughout the home. The chef's kitchen is a culinary oasis with an 8-ft waterfall island, custom cabinetry, a large pantry, and exquisite finishes. The primary bedroom offers an elegant ensuite with designer touches & heated floors and a custom walk-in closet. Bedrooms feature custom closets and private bathrooms. The finished basement presents a large recreation area, two bedrooms, two bathrooms, large windows, kitchen rough-in and a walk- out to the yard* Must See!
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Extras
Custom Finishes Throughout With No Detail Missed. Furnace x2, AC x2, Intercom & Security, Window Coverings, Electrical Light Fixtures & Appliances. Minutes to Main St Shopping, GO Transit, Hospital, HWY 400 & 404, Upper Canada Mall & More!
Nearby Intersections
Main & Davis (26)
Yonge & Davis (69)
Property Features
Hospital, Park, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
50' x 195'
Lot Irregularities
50X195Ft Deep Lot!
Fronting
South
Taxes
$10,575 (2023)
Basement
Fin W/O, Sep Entrance
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 16.37' x 20.93' | Hardwood Floor, Gas Fireplace, Combined W/Family |
| Dining | Main | 11.48' x 17.91' | Hardwood Floor, Window, Crown Moulding |
| Kitchen | Main | 17.49' x 20.64' | Tile Floor, Stainless Steel Appl, Quartz Counter |
| Breakfast | Main | 17.49' x 20.64' | Tile Floor, Pot Lights, W/O To Yard |
| Family | Main | 16.37' x 20.93' | Hardwood Floor, Gas Fireplace, Crown Moulding |
| Office | Main | 10.53' x 12.89' | Hardwood Floor, Window, Crown Moulding |
| Prim Bdrm | 2nd | 20.51' x 20.67' | Hardwood Floor, 5 Pc Ensuite, W/I Closet |
| 2nd Br | 2nd | 13.55' x 26.64' | Hardwood Floor, 4 Pc Ensuite, Closet |
| 3rd Br | 2nd | 13.29' x 14.83' | Hardwood Floor, 3 Pc Ensuite, Closet |
| 4th Br | 2nd | 12.66' x 14.14' | Hardwood Floor, 3 Pc Ensuite, Closet |
| Br | Bsmt | 13.29' x 14.37' | Laminate, 3 Pc Ensuite, Closet |
| Br | Bsmt | 12.11' x 17.19' | Laminate, 3 Pc Ensuite, Closet |
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Newmarket Market Statistics
Newmarket Price Trend
367 Penn Ave is a 4-bedroom 7-bathroom home listed for sale at $1,499,900, which is $58,073 (4.0%) higher than the average sold price of $1,441,827 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in Newmarket declined by $9 (0.0%) compared to the previous 30 day period (March 15 - April 13) and up $22,175 (1.6%) from the same time one year ago.Inventory Change
There were 104 4-bedroom homes listed in Newmarket over the last 30 days (April 14 - May 13), which is up 76.3% compared with the previous 30 day period (March 15 - April 13) and up 79.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Newmarket typically sold $13,548 (0.9%) above asking price over the last 30 days (April 14 - May 13), which represents a $11,323 increase compared to the previous 30 day period (March 15 - April 13) and $39,252 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 4-bedroom homes in Newmarket over the last 30 days (April 14 - May 13) stood at 27.9%, down from 93.2% over the previous 30 days (March 15 - April 13) and down from 72.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 7-bathroom home in Newmarket stood at 33 days when successfully sold over the last 30 days (April 14 - May 13), compared to 24 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Eagle Realty Inc.
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Welcome to your dream home in the heart of Bristol London, Newmarket! this exceptional four-bedroom detached home located in a convenience location close to all amenities such as Upper Canada Mall. Boasting a legal two-bedroom basement apartment for extra income, it offers not only ample living space but also the potential for a third unit, with all rough-ins already in place. Perfectly positioned near bustling shops and the Go station, residents enjoy easy access to amenities and transportation. Whether seeking a spacious family abode or an investment opportunity, this property seamlessly blends versatility with prime location, promising a lifestyle of utmost ease and potential. Whether you're enjoying the spacious living areas, relaxing in the well-appointed bedrooms, or exploring the vibrant community, this property offers the perfect blend of comfort and accessibility for modern living.
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