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175 PENN AVENUE, Newmarket (Bristol-London) — listed at $769,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to this beautifully maintained modern home in the heart of Newmarket, complete with a legal basement apartment offering excellent income potential and versatility. Both the main home and lower-level suite have been thoughtfully upgraded with modern kitchens and bright, open-concept layouts, creating stylish and functional living spaces filled with natural light and complemented by pot lights throughout .Convenience is key with separate laundry facilities in both units. Situated on a desirable corner lot, the property offers ample parking and a beautifully maintained backyard garden perfect for relaxing or entertaining. Ideally located close to shopping, schools, parks, Southlake Hospital, public transit and a wide range of everyday amenities. A fantastic opportunity for homeowners, investors or multi-generational families seeking modern finishes, flexibility and a prime Newmarket location. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 3.65 x 3.35 meters |
| Dining room | Main level | 3.65 x 2.5 meters |
| Kitchen | Main level | 4.2 x 3.6 meters |
| Primary Bedroom | Main level | 3.5 x 3.2 meters |
| Bedroom 2 | Main level | 3.6 x 2.5 meters |
| Bedroom 3 | Main level | 3 x 2.6 meters |
| Living room | Basement | 6.9 x 3.3 meters |
| Dining room | Basement | 6.9 x 3.3 meters |
| Kitchen | Basement | 4.2 x 2.6 meters |
Is 175 PENN AVENUE a good fit for a growing family?+
With 4 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,667, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 4 spaces — No Garage.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Newmarket (Bristol-London) before counting on it.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
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