374 PENN AVENUE, Newmarket (Bristol-London)
$2,199,000
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 4 bedrooms, 3 bathrooms
- Living area
- 1,500 sqft
- MLS®
- MLS® N13868110
- Neighbourhood
- Bristol-London
***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!
Sold data
Detached homes in Newmarket (Bristol-London) — recent sold market
Detached homes in Newmarket (Bristol-London) took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 36, across 149 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 38 days.
The median sale price was $1,090,000.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 21% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
- Median days to sell
- 21
- Median sale price
- $1,090,000
- Sale-to-list ratio
- 97.2%
- Sold above asking
- 21%
Based on 149 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Newmarket (Bristol-London)
Newmarket (Bristol-London) has 24 Fraser Institute–rated schools (19 elementary and 5 secondary), averaging 6.3/10.
- Rated schools
- 24
- Elementary
- 19
- Secondary
- 5
- Average rating
- 6.3 / 10
Top-rated schools in Newmarket (Bristol-London)
- Bogart — elementary, NewmarketFraser rating 8.6/10
- Newmarket — secondary, NewmarketFraser rating 8.5/10
- Stuart Scott — elementary, NewmarketFraser rating 7.9/10
- Rogers — elementary, NewmarketFraser rating 7.8/10
- Sacred Heart — secondary, NewmarketFraser rating 7.2/10
- Alexander Muir — elementary, NewmarketFraser rating 7.0/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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