316 Penn Avenue, Newmarket, Ontario L3Y 2S8

Welcome to 316 Penn Avenue – a beautifully renovated, move-in ready detached home nestled in one of Newmarket’s most desirable communities (Yonge and Davis Dr Intersection). This Meticulously maintained property offers 3+1 bedrooms with a finished walk out basement with high quality finishes and stunning outdoor spaces perfect for family living and entertaining offers comfort, harmony and lasting value with just minutes to Downtown Newmarket Historic Main Street , Upper Canada Mall and high ranking schools. This property has been extensively upgraded from top to bottom with quality craftsmanship and modern finishes. Key exterior upgrades include: new roof with 4 ventilation vents (2021), new windows, front and back doors (2021), new siding with 1.5″ aluminum-coated insulation (2021),new soffits, fascia, gutters, and downspouts (2021), privacy fence (2024), and full landscaping(2023). Enjoy outdoor living with a brand-new concrete driveway (2024), full concrete patio with fire pit and gazebo, and two storage sheds. Inside, no detail has been overlooked. Major mechanicals include an owned new high-efficiency Keep rite furnace and central AC (2-ton, 2021), Rheem water heater (2021), new plumbing (2024),and all ductwork/registers (2025). Electrical system completely redone in 2025 with all-new wiring, receptacles, switches, and modern light fixtures. The walk out fully finished large sized basement (2024) features a spacious bedroom, a full bathroom and a TV wall mount. The main floor (2025) boasts a complete renovation with 12mm laminate flooring with padding, a brand-new kitchen with all new appliances, full bathroom, three bedrooms, TV wall mount in the living room, and all-new interior doors. Extras include floating shelves, curtain rods, and pull-down blinds throughout. This home offers peace of mind and stylish living with every major update already done – just move in and enjoy!