Newmarket
Detached in Newmarket
$2,199,000
374 PENN AVENUE, Newmarket, L3Y2S9
MLS Number: N13868110
Beds
4
Baths
3
Listing
For Sale
Type
Detached
Square Feet
1,100 - 1,500
***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!
Location
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374 PENN AVENUE, Newmarket, L3Y2S9
Nearby Schools
Schools near 374 PENN AVENUE
Distances are measured in a straight line from this property.
Maple Leaf Public School
Elementary school · Grades JK-8
York Region DSB
155 Longford Dr, Newmarket, Ontario, L3Y2Y7
Canadian Martyrs Catholic Elementary School
Elementary school · Grades JK-8
York CDSB
170 London Rd, Newmarket, Ontario, L3Y6R5
Denne Public School
Elementary school · Grades JK-8
York Region DSB
330 Burford St, Newmarket, Ontario, L3Y6L1
J L R Bell Public School
Elementary school · Grades JK-5
York Region DSB
121 Queen St, Newmarket, Ontario, L3Y2E9
Stuart Scott Public School
Elementary school · Grades JK-8
York Region DSB
247 Lorne Ave, Newmarket, Ontario, L3Y4K5
Dr John M Denison Secondary School
Secondary school · Grades 9-12
York Region DSB
135 Bristol Rd, Newmarket, Ontario, L3Y8J7
Huron Heights Secondary School
Secondary school · Grades 9-12
York Region DSB
40 Huron Heights Dr, Newmarket, Ontario, L3Y3J9
Meadowbrook Public School
Elementary school · Grades JK-8
York Region DSB
233 Patterson St, Newmarket, Ontario, L3Y3L5
Proximity does not guarantee enrollment eligibility. Verify attendance boundaries and admission requirements with the relevant school board before making a decision.
Estimate Tool
Mortgage Payment Calculator
Estimate monthly principal and interest, then add common carrying costs for a clearer planning number.
Down Payment
$439,800
Mortgage Amount
$1,759,200
Principal + Interest
$10,172 / mo
5-Year Term Payments
$610,301
Estimated Monthly Carrying Cost
$10,822
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
Helpful Guide
Buying advice and document help
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