Exceptional Opportunity in the Heart of Newmarket! This spacious and well-maintained 4+1 bedroom, 3-bathroom home features a legally registered basement apartment, offering excellent flexibility for investors or end-users alike. Live in one unit while the other helps offset your mortgage. Perfect turnkey investment with gleaming hardwood floors.Rarely offered 4 bedroom home in this area, this property stands out with its smart and functional layout, generous living space, and separate entrance to the basement suite. The home shows well, offering bright principal rooms and a well-designed floor plan that flows effortlessly. Bright and spacious.Situated in a prime location, you're just minutes to schools, shopping centres, public transit, and major highways. A true gem in a highly sought-after neighbourhood.This is one of the larger models with 1,400 sq feet above grade living space.
For sale
C$854,800
256 Penn Ave, Newmarket, ON L3Y 2S6
5beds
3baths
Single Family Residence
Built in ----
3,043.82 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Legally registered basement apartmentGleaming hardwood floorsSmart and functional layoutGenerous living spaceBright principal roomsWell-designed floor plan
- 44 days
- on Zillow |
- 11 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 01:03pm
Listed by:
ENGEL & VOLKERS YORK REGION
Source: TRREB,MLS®#: N12242757
Originating MLS®#: Toronto Regional Real Estate Board

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- Other
- Basement: Apartment,Separate Entrance
- Has fireplace: No
Interior area
- Living area range: 1100-1500 null
Property
Parking
- Total spaces: 3
Features
- Stories: 2
- Pool features: None
Lot
- Size: 3,043.82 Square Feet
- Features: Hospital, Fenced Yard, Park, Place Of Worship, School, Public Transit
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Metal/Steel Siding
- Foundation: Unknown
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Newmarket
Financial & listing details
- Annual tax amount: C$4,287
- Date on market: 6/24/2025
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