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Sale listing

Legal Duplex Bungalow in Central Newmarket

$898,000

169 Penn Ave, Newmarket Newmarket, Bristol-London, York, Ontario L3Y 2S3, Bristol-London, Ontario, Canada, Bristol London

Bedrooms 3 +2
Bathrooms 3
Square Feet 1,100
Parking NA
TypeBungalow StatusFor Sale Lot Size32 x 95 Feet m² ListedJan 26, 2025

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Overview

Outdoor Features Lot Size: 32 x 95 feet.

Exterior: Durable brick construction.

Additional Details Square Footage: 1,100–1,500 sq.

ft.

Taxes: $3,631.79 (2023).

Age of Property: Approximately 31–50 years.

Heating & Cooling: Forced air (gas) and central air conditioning.

Location Perks Schools: Steps to local schools for all age groups.

Shopping: Minutes to Upper Canada Mall and retail centers.

Health Care: Proximity to Southlake Regional Health Centre.

Directions: https://www.google.com/maps/dir/?api=1&destination=169%20Penn%20Ave%2C%20Newmarket%2C%20Ontario%20L3Y%202S3 Neighborhood Guide: https://hoodq.com/irfan-kazi/explore/newmarket-on/bristol-london?listingID=N11195290 Contact: http://realtorkazi.ca/contact-us/

Interior and Layout

This property features a registered legal basement apartment with two self-contained bedrooms, offering fantastic income potential or multi-generational living options.

The main floor boasts 3 spacious bedrooms, hardwood floors, and a bright, open layout.

The basement apartment is freshly renovated, vacant, and can potentially be rented for $2,400/month.

With a 30–60 day closing and vacant possession of the main floor, it’s a perfect option for families, investors, or both!

Bangalow Features & Highlights Main Floor 3 Bedrooms: Bright and spacious with closets and hardwood flooring.

Open Living & Dining: Hardwood floors throughout, ideal for entertaining.

Legal Basement Apartment 2 Bedrooms: Bright with laminate flooring.

2 Kitchens: Fully equipped for self-contained living.

Possession: Flexible, with vacant main floor and vacant basement apartment.

Kitchen and Appliances

Recently updated with fresh paint, new kitchen cabinets, and upgraded roof shingles, this home is move-in ready.

Updated Kitchen: New cabinets and ample workspace.

Included Appliances 1 Dishwasher 2 Stoves 1 Washer & Dryer 3 Refrigerators 2 Microwaves Summary Priced at $898,000, this semi-detached bungalow is a unique opportunity for families or investors to own a home with excellent rental income potential in a high-demand area of Newmarket.

Bedrooms and Bathrooms

1 Full Bathroom: 3-piece bath for added comfort.

Parking and Outdoor Space

Separate Entrance: Ensures privacy for both units.

Parking: Driveway accommodates 3 vehicles.

Location, Schools and Transit

Prime opportunity to own a centrally located semi-detached bungalow in the heart of Newmarket’s desirable Bristol-London community.

Located just steps away from schools, shopping, Upper Canada Mall, transit, Southlake Regional Health Centre, and parks, this property combines convenience with investment potential.

Transit: Easy access to public transit and major roads.

Recreation: Close to parks, libraries, and community hubs.

Lease Terms and Restrictions

2 Full Bathrooms: 3-piece baths for tenant convenience.

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