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Newmarket
$899,000
137 WESLEY STREET, Newmarket, L3Y3N9
MLS Number: N13698478
Beds
3
Baths
2
Listing
For Sale
Type
Detached
Square Feet
1,100 - 1,500
ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Rare Opportunity to Acquire a 100' X 100' Property in the Heart of Newmarket with an Approved 3-Lot Severance, Creating Three Approximately 33' X 100' Lots and Offering the Opportunity to Build Three Detached Homes Side-By-Side in an Established Residential Neighbourhood. Consent and Minor Variance Applications Have Been Approved, With Each Proposed Lot Permitting a Single-Family Home with Provision for One Accessory Dwelling Unit with A Separate Entrance. The Property Is Currently Improved with an Existing Home, Offering the Flexibility to Renovate qnd Retain the Existing Dwelling or Pursue the Approved Redevelopment Opportunity. R1-D Zoning, With Up To 35% Lot Coverage And 8.5m Maximum Building Height, Provides an Attractive Development Framework. Potential Development Charge Credit for the Existing House with Redevelopment. Alternatively, an Approved Two-Lot Configuration of Approximately 50' X 100' Each Is Also Available, Providing Flexibility for Different Development Strategies. Located In a Well-Established and Highly Desirable Newmarket Neighbourhood, Close to Main Street, Newmarket GO Station, Schools, Southlake Hospital and Fairy Lake. Existing Dwelling and All Contents Are Being Sold As-Is, Where-Is. A Rare Opportunity to Acquire a Development-Ready Site with Multiple Options in an Established Newmarket Location..
Location
137 WESLEY STREET, Newmarket, L3Y3N9
Nearby Schools
Distances are measured in a straight line from this property.
Prince Charles Public School
Elementary school · Grades JK-8
York Region DSB
684 Srigley St, Newmarket, Ontario, L3Y1W9
Sacred Heart Catholic High School
Secondary school · Grades 9-12
York CDSB
908 Lemar Rd, Newmarket, Ontario, L3Y1R9
Mazo De La Roche Public School
Elementary school · Grades 1-8
York Region DSB
860 Arnold Cres, Newmarket, Ontario, L3Y2E2
Huron Heights Secondary School
Secondary school · Grades 9-12
York Region DSB
40 Huron Heights Dr, Newmarket, Ontario, L3Y3J9
Bogart Public School
Elementary school · Grades JK-8
York Region DSB
855 College Manor Dr, Newmarket, Ontario, L3Y8G7
Stuart Scott Public School
Elementary school · Grades JK-8
York Region DSB
247 Lorne Ave, Newmarket, Ontario, L3Y4K5
Meadowbrook Public School
Elementary school · Grades JK-8
York Region DSB
233 Patterson St, Newmarket, Ontario, L3Y3L5
Newmarket High School
Secondary school · Grades 9-12
York Region DSB
505 Pickering Cres, Newmarket, Ontario, L3Y8H1
Proximity does not guarantee enrollment eligibility. Verify attendance boundaries and admission requirements with the relevant school board before making a decision.
Estimate Tool
Estimate monthly principal and interest, then add common carrying costs for a clearer planning number.
Down Payment
$179,800
Mortgage Amount
$719,200
Principal + Interest
$4,158 / mo
5-Year Term Payments
$249,504
Estimated Monthly Carrying Cost
$4,808
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
Helpful Guide
If you are planning a purchase, it helps to understand the buyer process and keep your financing and closing documents organized.
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