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Legal Duplex Bungalow in Central Newmarket

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

January 26, 2025

Property Description
For Sale $898,000+ Taxes: $3,631.79 (2023)

Prime opportunity to own a centrally located semi-detached bungalow in the heart of Newmarket’s desirable Bristol-London community. 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. Recently updated with fresh paint, new kitchen cabinets, and upgraded roof shingles, this home is move-in ready. The basement apartment is freshly renovated, vacant, and can potentially be rented for $2,400/month.

Located just steps away from schools, shopping, Upper Canada Mall, transit, Southlake Regional Health Centre, and parks, this property combines convenience with investment potential. 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.
  • 1 Full Bathroom: 3-piece bath for added comfort.
  • Open Living & Dining: Hardwood floors throughout, ideal for entertaining.
  • Updated Kitchen: New cabinets and ample workspace.

Legal Basement Apartment

  • 2 Bedrooms: Bright with laminate flooring.
  • 2 Kitchens: Fully equipped for self-contained living.
  • 2 Full Bathrooms: 3-piece baths for tenant convenience.
  • Separate Entrance: Ensures privacy for both units.

Outdoor Features

  • Lot Size: 32 x 95 feet.
  • Parking: Driveway accommodates 3 vehicles.
  • 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.
  • Possession: Flexible, with vacant main floor and vacant basement apartment.

Location Perks

  • Schools: Steps to local schools for all age groups.
  • Shopping: Minutes to Upper Canada Mall and retail centers.
  • Transit: Easy access to public transit and major roads.
  • Recreation: Close to parks, libraries, and community hubs.
  • Health Care: Proximity to Southlake Regional Health Centre.

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.

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/

  • Type

    Bungalow
  • Build

    31- 50 years
  • Size

    1100-1500 SqFt m²
  • Lot Size

    32 x 95 Feet m²
Property Map
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