Residential Freehold Active
374 Penn Avenue, Newmarket, ON L3Y 2S9
  • $2,199,000

Overview

  • Detached, Style 1 1/2 Storey
  • Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms

Description

***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!

Address

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  • Address: Penn
  • City: Newmarket
  • State/county: York
  • Zip/Postal Code: L3Y 2S9
  • Area: Bristol-London

Details

Updated on October 6, 2026 at 4:23 pm
  • Price $2,199,000
  • Bedrooms 4
  • Bathrooms 3
  • Type Detached, Style 1 1/2 Storey
  • Property Status Residential Freehold

Additional details

  • Bedrooms 3
  • Tax Year 2026
  • Square Footage 1100-1500
  • Bedrooms Plus 1
  • Washrooms 3
  • Kitchens 1
  • Total Kitchens 2
  • Basement Separate Entrance, Walk-Up
  • Heating Type Forced Air
  • Heating Fuel Gas
  • Air Conditioning Central Air
  • Sewers Sewer
  • Front 69.42
  • Depth 261.96
  • Driveway Private
  • Parking Spaces 9
  • Total Parking Spaces 9
  • Exterior Finish Vinyl Siding
  • Property Orientation South
  • Taxes 4920
  • Occupancy Owner+Tenant
  • Cross Street North Of Davis Dr, West Of Main St. N
  • Courtesy of REMAX YOUR COMMUNITY REALTY
  • Price per Sq Ft ~$1,692 (at 1,300 sq ft)
  • Listed Oct 6, 2026 · 3 days on market

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Questions & answers

Frequently asked questions about 374 Penn Avenue

Answers come straight from this home’s MLS® listing.

How much is 374 Penn Avenue listed for?

374 Penn Avenue is listed for $2,199,000. With 20% down ($439,800), the mortgage payment would be roughly $8,860 a month at 4.49% over 30 years, before property tax and utilities. That figure is an illustration, not a quote.

How many bedrooms and bathrooms does 374 Penn Avenue have?

374 Penn Avenue has 3 bedrooms above grade plus 1 more below grade and 3 bathrooms. There are 2 kitchens.

How big is 374 Penn Avenue?

The listing puts the above-grade living space between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it does not include the basement.

What type of home is 374 Penn Avenue?

374 Penn Avenue is a detached one-and-a-half-storey home in Bristol-London, Newmarket. The exterior is vinyl siding.

Does 374 Penn Avenue have a finished basement?

The basement is listed as separate entrance, walk-up. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.

How big is the lot at 374 Penn Avenue?

The lot is 69.42 ft wide by 261.96 ft deep, which is about 18,185 sq ft if it is a regular rectangle. The listing gives the orientation as south.

Does 374 Penn Avenue have a garage, and how much parking is there?

The listing does not show a garage. There is parking for 9 vehicles in total.

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.

What neighbourhood is 374 Penn Avenue in?

374 Penn Avenue is in the Bristol-London community of Newmarket, York Region. The nearest main intersection is North Of Davis Dr, West Of Main St. N. The postal code is L3Y 2S9.

Is 374 Penn Avenue still for sale?

Yes. 374 Penn Avenue is an active listing (MLS® N13868110), on the market since October 6, 2026. Listings here update from the board through the day and come down once a home sells.

Has 374 Penn Avenue sold before, and for how much?

Past sales, leases and expired listings for this 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.