374 Penn Avenue, Newmarket, ON L3Y 2S9
Bristol-London, Newmarket · Near North Of Davis Dr, West Of Main St. N · View map
About this home
***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!
The home
- Type
- 1 1/2 storey
- Style
- 1 1/2 Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 1
- Bathrooms
- 3
- Kitchens
- 2
- Rooms
- 6
- Basement
- Separate Entrance, Walk-Up
- Lot size
- 69.4 x 262 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage spaces
- 9
- Driveway spaces
- 9
- Total parking
- 9
- Parking features
- Private
Taxes & other
- Property taxes
- $4,920/yr
- Tax year
- 2026
- Occupancy
- Owner+Tenant
- Possession
- Flexible
- Cross street
- North Of Davis Dr, West Of Main St. N
- Neighbourhood
- Bristol-London
More
- Price per sq ft
- ~$1,692 (at 1,300 sq ft)
- Listed
- Oct 6, 2026 · 6 days ago
- MLS® number
- N13868110
No matching details. Ask Will instead
The home and its surroundings
- Primary Bedroom - Main Floor
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
374 Penn Avenue, Newmarket, ON L3Y 2S9
Bristol-London, Newmarket · Near North Of Davis Dr, West Of Main St. N
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Listing history for 374 Penn Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 374 Penn Avenue
Answers come straight from this home’s MLS® listing.
How much is 374 Penn Avenue listed for, and what would it cost each month?
374 Penn Avenue is listed for $2,199,000. With 20% down ($439,800), the mortgage payment would be roughly $8,870 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $9,280 a month, all in. That figure is an illustration, not a quote.
Is 374 Penn Avenue freehold or a condo, and is there a monthly fee?
374 Penn Avenue is a 1 1/2 storey in Bristol-London, Newmarket. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 374 Penn Avenue have?
374 Penn Avenue has 3 bedrooms, plus 1 more bedroom in the basement, and 3 bathrooms.
Does 374 Penn Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 9 spaces. In total the listing counts 9 parking spaces.
Does 374 Penn Avenue have a finished basement?
The listing describes the basement as separate entrance, walk-up. It counts 1 bedroom on that level. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 374 Penn Avenue?
374 Penn Avenue is a 1 1/2 storey. A 1½-storey home has a full main floor and a partial second floor under the roofline, often with dormer windows.
How big is 374 Penn Avenue, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 69.4 x 262 ft.
How is 374 Penn Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 374 Penn Avenue?
Property taxes are $4,920 a year (2026), or about $410 a month.
Where is 374 Penn Avenue?
374 Penn Avenue is in the Bristol-London community of Newmarket. The nearest main intersection is North Of Davis Dr, West Of Main St. N. The postal code is L3Y 2S9.
How long has 374 Penn Avenue been on the market?
374 Penn Avenue was listed on October 6, 2026. It has been on the market for 6 days. It is an active listing (MLS® N13868110). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 374 Penn Avenue asking?
Similar bungalow-style homes for sale nearby right now include 66 Roxborough Road at $2,798,888 (3 bed), 986 Srigley Street at $1,750,000 (5 bed) and 727 Madeline Heights at $1,699,000 (1+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 374 Penn Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 374 Penn Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near Bristol-London, picked by style, size and price.
1 1/2 storey$2,798,88866 Roxborough Road, Newmarket3 bed · 1 bath · Gorham-College ManorCourtesy of: HOMELIFE/BAYVIEW REALTY INC.View home →
Bungalow$1,750,000986 Srigley Street, Newmarket5 bed · 3 bath · Gorham-College ManorCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView home →
Bungalow$1,699,000727 Madeline Heights, Newmarket1+2 bed · 3 bath · Stonehaven-WyndhamCourtesy of: Royal LePage Locations NorthView home →Courtesy of: REMAX YOUR COMMUNITY REALTY
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*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.