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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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374 Penn Avenue Newmarket
For SaleNewmarket

374 Penn Avenue Newmarket, Detached for Sale

MLS® N13868110

Newmarket, ON

32 days on market
$2,199,000
Show on Map
Show on Map
4Beds
3Baths
1,300Sqft
9Parking
Detached

Overview· 374 Penn Avenue Newmarket

MLS® #N13868110

***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!

Inclusions

All appliances, electric light fixtures and window coverings currently on the property and noy belonging to the basement floor tenant.

Exclusions

Basement tenant's belongings.

Broker

REMAX YOUR COMMUNITY REALTY

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Walk Score®81Very WalkableVery Walkable
Transit Score®46Some TransitSome Transit
Bike Score®72Very BikeableVery Bikeable
Schools588 schools within 1.5 km · nearest 371 m8 schools within 1.5 km · nearest 371 m
Parks264 parks within 1 km · nearest 641 m4 parks within 1 km · nearest 641 m
Convenience479 groceries, cafes and pharmacies within 1 km · nearest 127 m9 groceries, cafes and pharmacies within 1 km · nearest 127 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 374 Penn Avenue Newmarket

Source: MLS® listing data
374 Penn Avenue Newmarket

Detached

374 Penn Avenue Newmarket

Newmarket

Type

Detached

Basement

Separate Entrance, Walk-Up

Parking

None (9)

Property Tax

~$4,920/yr

Heating

Forced Air

Buying Essentials

Square Feet

1300 sqft

Facing Direction

South

Parking

None (9)

Finances

List Price

$2,199,000

Price per SQFT

$1,692/sqft

Property Tax

~$4,920/yr

Property Specs

Property Type

Detached

MLS Size

1300 sqft

Basement

Separate Entrance, Walk-Up

Living & Amenities

Heating Type

Forced Air

Features

Primary Bedroom - Main Floor

Policies & Utilities

Neighbourhood

Newmarket

Listed On

Oct 6, 2026

Price & Listing History

Days on Market

Current: 32 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 374 Penn Avenue Newmarket.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

No verified nearby school records were found for this property location.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$8,845/mo
Property Tax$410/mo
Total Monthly$9,255

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0