367 Penn Avenue, Newmarket, ON

Bristol-London, Newmarket · MLS® N13779586

$1,549,000
For Sale
Listed 35 days agoNo offer date stated
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4+2Bedrooms
7Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • This spectacular Custom Home on a 50' x 195' lot, with no rear neighbours and incredible finishings awaits you.
  • There are 10 ft ceilings on the main floor as well as the basement floors and 9ft ceilings on the second floor.
  • Many listings say it- but THIS is a chef's kitchen.
  • The primary bedroom has an incredible ensuite and a custom walk-in closet.
  • Minutes to Main St Shopping, GO Transit, Hospital, HWY 400 & 404, Upper Canada Mall & More.

This spectacular Custom Home on a 50' x 195' lot, with no rear neighbours and incredible finishings awaits you! When was the last time you saw a home with 4 bedrooms upstairs, plus two in the basement, and ALL of them had their own, individual, ensuite bathroom?? Yes, it is a 4+2 bedroom, 7 luxurious bathroom home, located steps to Newmarket's main street. With a stone exterior, and architectural details throughout, you are welcomed into the large foyer and will be blown away by the gorgeous porcelain floors and extra lighting details. There are 10 ft ceilings on the main floor as well as the basement floors and 9ft ceilings on the second floor. Many listings say it- but THIS is a chef's kitchen. A STUNNING 8-ft waterfall island, custom cabinetry and exquisite finishes like the pot filler and backsplash. There is a main floor livingroom, dining room AND versatile office space. Upstairs you will find 4 bedrooms that do.not.disappoint. The primary bedroom has an incredible ensuite and a custom walk-in closet. The other 3 Bedrooms also have custom closets and their own, private bathrooms. The FINISHED walk-out basement not only has large recreation area- it also has two bedrooms, two ensute bathrooms, large windows, and a walk- out to the yard. Homes like this are just not available often. You must see these custom finishes for yourself. Minutes to Main St Shopping, GO Transit, Hospital, HWY 400 & 404, Upper Canada Mall & More! The large, private, yard has NO REAR NEIGHBOURS and is perfect for your BBQ and entertaining this summer! Book your private showing today to see this beautiful home.Taxes per Geowarehouse. Sold under power of sale. Sold As-Is, Where Is. Seller does not warranty any aspects of property, including but not limited to: sizes, taxes or condition.

Key facts

Property type
Detached, 2-Storey
MLS®
N13779586
Bedrooms
4+2 (6 total)
Bathrooms
7 (1 half)
Size
3500-5000 sq ft
Lot
50 × 195 ft
Cross streets
Yonge And Davis
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Slate, Flat
Sewer
Sewer
Property tax
$11,207 / 2025
Days on market
35
Listing brokerage
SOLID ROCK REALTY

Rooms

Powder RoomMain3.93 × 1.66 m
Family RoomBasement5.21 × 5.94 m

w/o to patio · gas fireplace · window

FoyerMain4.60 × 3.05 m

Tile Floor

LaundryMain3.96 × 2.04 m
Living RoomMain6.38 × 4.99 m

gas fireplace · w/o to balcony · window

Bedroom 2Second4.03 × 3.93 m

walk-in closet(s) · 4 pc ensuite · closet

Bedroom 3Second4.39 × 3.87 m

walk-in closet(s) · 3 pc ensuite · closet

BathroomSecond4.05 × 3.35 m

5 Pc Ensuite

BedroomBasement5.02 × 3.68 m

walk-in closet(s) · 3 pc ensuite · closet

Dining RoomMain5.33 × 2.04 m

hardwood floor · crown moulding · central vacuum

Bedroom 4Second4.31 × 3.86 m

hardwood floor · 3 pc ensuite · closet

Primary BedroomSecond6.09 × 6.21 m

walk-in closet(s) · 5 pc ensuite · walk-in closet(s)

Bedroom 5Basement4.50 × 4.02 m

walk-in closet(s) · 3 pc ensuite · closet

OfficeMain3.93 × 3.21 m

hardwood floor · crown moulding · central vacuum

KitchenMain5.06 × 6.10 m

tile floor · breakfast bar · double sink

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Bristol-London, Newmarket, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Central Newmarket
$1.04M
Gorham-College Manor
$1.04M
Huron Heights-Leslie Valley
$1.09M
Woodland Hill
$1.17M
Glenway Estates
$1.36M

Typical asking price of active listings of the same type, per area (outliers removed). Newmarket.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$7,060/mo
$304KIncome needed
5.1×Price ÷ income
$1,629Weekly cost
$27,455Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $7,060Property tax $934Total carry $7,994

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,852per month

Mortgage amount $1,239,200 · 4.49% over 25 years

$309,800Down payment (20.0%)
$1,239,200Loan before insurance
$0CMHC premium
$7,786Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,852
Property tax
$934
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,786

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$27,455
Estimated closing costs
$27,455

Plus your down payment of $309,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,293/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$816,325Total interest paid
$2,055,525Total of all payments
Principal $1,239,200 Interest $816,325
YearPrincipalInterestBalance
1$27,654$54,567$1,211,546
2$28,909$53,312$1,182,637
3$30,222$51,999$1,152,415
4$31,594$50,627$1,120,821
5$33,029$49,192$1,087,793
6$34,528$47,693$1,053,264
7$36,096$46,125$1,017,169
8$37,735$44,486$979,434
9$39,448$42,773$939,986
10$41,239$40,982$898,747
11$43,112$39,109$855,635
12$45,069$37,152$810,566
13$47,115$35,106$763,450
14$49,255$32,966$714,196
15$51,491$30,730$662,705
16$53,829$28,392$608,876
17$56,273$25,948$552,603
18$58,828$23,393$493,775
19$61,499$20,722$432,276
20$64,291$17,930$367,985
21$67,210$15,011$300,775
22$70,262$11,959$230,513
23$73,452$8,769$157,061
24$76,787$5,434$80,274
25$80,274$1,947$0

At the end of your 5-year term

Total paid over the term
$411,105
Principal paid down
$151,407
Interest paid
$259,698
Balance remaining
$1,087,793

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$7,350/mo
$88,200Gross annual rent
4.3%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.7%
Gross yield
− Property tax $11,207− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $65,891

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOLID ROCK REALTY. MLS®/PropTx.

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