Fantastic Investment Opportunity * 3+2 Bedroom * Legal Registered Basement * 1 Min Walk To Davis Drive & Transit * A Fantastic Opportunity For Investors, First-time Buyers & Extended Families * This bright & Charming Well-Maintained Bungalow Offers A Versatile Layout * Multiple Income Opportunities * The Main Floor Features 3 Spacious Bedrooms * Living Room W/ A Large Bay Window, Dining & A Well-Appointed Kitchen * Finished basement Offers 2 Separate Registered Units Each W/ Its Own Bedroom, Kitchen & Washroom * This Is An Outstanding Feature For Investors Looking To Generate Rental Income * Outside Enjoy A Private Backyard W/ Mature Trees & A Great Space For Relaxing & Entertaining * Location A Major Highlight W/ Walking Distance To Davis Drive & Public Transit & Conveniently Close To Schools, Parks, Grocery Stores, Shopping, Restaurants & Upper Canada Mall * Enjoy Easy Access To Major Roads, Main Street Newmarket & Fairy Lake Newmarket * Don't miss this unique investment opportunity!
3 bedrooms, 3 bathrooms, about 700 sq ft, works out to roughly $1,070 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this semi-detached fits your budget and timing.
Inside 169 Penn Ave
Every detail from the listing, in one place.
Type
Semi-Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
4 spaces
Basement
Apartment, Separate Entrance
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Apartment · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Semi-Detached
169 Penn Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13799914$749,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 169 Penn Ave Compares to the Newmarket Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,680
/mo
based on the purchase price of $749,000
$149,800 cash
$599,200 financed
$504,684 total interest
Principal54%$599,200
Interest46%$504,684
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Newmarket
Other 3–5 bed homes for sale in Newmarket around $749K.
Average days on market29Homes sold in about 29 days on average.
Sale-to-list ratio98.0%On average, homes sold below asking.
Active listings393Homes for sale here right now.
Median vs prior 90 days+1.7%Compared with May 8 – Aug 6, 2026: prices up.
Based on 376 sales from Aug 6 – Nov 4, 2026 (273 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
169 Penn Ave is listed at $749,000 (MLS® N13799914). Summitly updates the price as soon as the MLS® record changes.
Is $749,000 a good price for 169 Penn Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Newmarket. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 169 Penn Ave changed?
No — 169 Penn Ave is still listed at its original asking price of $749,000.
How many bedrooms and bathrooms does 169 Penn Ave have?
169 Penn Ave has 3 bedrooms and 3 bathrooms, with about 700–1,100 square feet of living space. It is a semi-detached home in Newmarket.
Is 169 Penn Ave close to transit?
The nearest rapid-transit station is Newmarket GO Station (Barrie GO), about 950 m (about a 12-minute walk) in a straight line. East Gwillimbury GO Station is about 2.6 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 169 Penn Ave?
About $3,680 a month — principal and interest on $749,000 with 20% down ($149,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 169 Penn Ave compare with other homes in Newmarket?
Its asking price of $749,000 is about 21% below the median sold price in Newmarket over the last 90 days, $954,000, across 376 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 169 Penn Ave been sold before?
Summitly has no earlier MLS® sale or lease of 169 Penn Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 169 Penn Ave?
169 Penn Ave is in Newmarket, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 169 Penn Ave been on the market?
48 days — 169 Penn Ave was listed on September 17, 2026.
What is the price per square foot of 169 Penn Ave?
About $681 to $1,070 per square foot: the asking price of $749,000 over the 700–1,100 sq ft the listing gives as its size range.