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$849,999Asking Price

234 Penn Avenue, Newmarket, ON L3Y 2S5

Bristol-London, Newmarket

Semi-Detached
3 + 2
Bedrooms
2
Baths
4
Parking
Days on Market

This semi-detached gem sits on a premium corner lot and features a legally registered basement apartment with A++ tenants currently paying: Rental Income: Upstairs: $2,500/month, Basement: $1,650/month (Basement Registration Number2010-0007) (Total: $4150/month + Utility Completely Covers the Mortgage!) Prime Location: Nestled at Penn Avenue & Hill Street, just steps from parks, shopping, and top-rated restaurants. Move-in Ready Your Choice! Keep the A++ tenants for a stress-free investment, or have the home vacant upon closing for personal use. An Investors Dream & Perfect for Homeowners! Don't miss out schedule your showing today!

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This semi-detached gem sits on a premium corner lot and features a legally registered basement apartment with A++ tenants currently paying: Rental Income: Upstairs: $2,500/month, Basement: $1,650/month (Basement Registration Number2010-0007) (Total: $4150/month + Utility Completely Covers the Mortgage!) Prime Location: Nestled at Penn Avenue & Hill Street, just steps from parks, shopping, and top-rated restaurants. Move-in Ready Your Choice! Keep the A++ tenants for a stress-free investment, or have the home vacant upon closing for personal use. An Investors Dream & Perfect for Homeowners! Don't miss out schedule your showing today!

Key Info

  • Bungalow Semi-Detached
  • 2-Car Driveway
  • 2-Car Carport
  • Davis/ Longford/ Penn
  • 700-1100 Approximate Sq Feet
  • 31-50 Years Approximate Age
  • Basement Apartment
  • 2 + 1 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 32.5 x 96.35 Feet
  • Brick/Brick Front Exterior
  • No Waterfront Access
  • Taxes were $3,930 in 2024
  • Possession: TBA

Details

  • No Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #N12062777
  • CENTURY 21 HERITAGE GROUP LTD.

Extras

Room Floor Dimensions Details
1 Kitchen Main 13.32' x 11.88' Ceramic Floor, Window
Washroom1 3-Piece Bathroom on Ground Floor
Washroom1 3-Piece Bathroom

Who lives here?

Bristol-London, Newmarket is a north GTA neighbourhood notable for its renters, salespeople and tradespeople. Residents tend to be older with a significant number of adults aged 25 to 39, 25 to 39 and 25 to 39 and seniors aged 65 to 74.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Newmarket  (1.3)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

42% of residents are
single and loving it.

42% singles

Newmarket (42%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

31% of residents
are renters.

31% renters

Newmarket (21%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

28% of residents are
university grads.

28% university grads

Newmarket (37%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$124K

is the average household
income in the neighbourhood.

Newmarket  ($137K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 17%
Business 10%
Trades 9%
Government 8%
Management 7%

Immigrants

22% of residents were
born outside of Canada.

22% immigrants

Newmarket (30%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 3.6% of immigrants.
Iran 1.3%
Caribbean 1.2%
China 1.2%
Philippines 1.2%

3.6% from UK
All-time

Birthplace - Recent

China was once home to 0.7% of immigrants.
Iran 0.6%
UK 0.3%
Other South America 0.2%
South Korea 0.2%

0.7% from China
Recent

Foreign Languages

Foreign Languages

Persian 2%
Russian 2%
Italian 1%
French 1%
Spanish 1%

Religions

Religions

Christian 68%
Buddhist 2%
Muslim 2%
Jewish 1%
Hindu 1%