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For Lease

255 Penn Avenue

Bristol-London, Newmarket, ON
$2,400
3Bd
1Ba
900+sqft
2Parking
$3/sqft
Semi-DetachedMLS# N12933422Listed 2026-03-2955 DOM
Cooling
Central Air

On the market for 55 days — longer than average. The seller may be open to negotiation.

About this home

Welcome to this beautifully renovated 3-bedroom home available for lease! Each spacious bedroom features its own closet, offering ample storage and comfort. The home includes a modern 5-piece bathroom complete with a double sink vanity and a full bathtub-perfect for families. Enjoy the bright open-concept layout, ideal for both everyday living and entertaining. The updated kitchen comes equipped with stainless steel appliances, including a refrigerator, gas oven, and range microwave hood. Additional highlights include two driveway parking spaces for your convenience. Located in a quiet, family-friendly neighbourhood, this home is close to all essential amenities such as shopping, dining, parks, and public transit. Nearby conveniences include Tim Hortons, Walmart, Costco, school, and Southlake Hospital, making daily errands and commuting effortless. A perfect place to call home-don't miss this opportunity! Tenant pays 2/3 of the utilities.

Renovated

Rooms

Main Floor
Bedroom12.66 × 9.84 m
Bedroom 212.99 × 8.01 m
Bedroom 39.51 × 8.99 m
Dining Room21.00 × 11.50 m
Family Room21.00 × 11.50 m
Kitchen14.00 × 10.00 m

Features

  • Carpet Free
  • Primary Bedroom - Main Floor
  • Sump Pump
  • Separate Entrance
  • Central Air
  • Bungalow

Financials

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Rental yield1600.0% – 2400.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Newmarket

Days on market55 days
Buyer's MarketSeller's Market

Based on active listings in Newmarket. Data updates daily.

Demographics — Newmarket

Population
87,942
Avg Household Income
$118,000
Age Distribution
0-19
22%
20-34
17%
35-49
20%
50-64
22%
65+
19%
Ownership
76% own · 24% rent
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MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$2,400
255 Penn Avenue, Newmarket
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