137 Wesley St, Newmarket - Detached Home

137 Wesley St

LocationGorham-College Manor, Newmarket, L3Y 3N9
$899K For Sale
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images

Description

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..

Features

  • House Facing
    Facing: East
  • Bedrooms
    Bedrooms: 3
  • Bathrooms
    Bathrooms: 2
  • Garages
    Garages:
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 100.00 x 100.00 Feet
  • Lot Depth
    Space: 1100-1500
  • Tax Amount
    Tax: $ 4944.47
  • MLS
    N13698478
  • Listing contracted with: COLDWELL BANKER THE REAL ESTATE CENTRE
Bathroom Pieces Level
1xBath3 pcs

Second

1xBath2 pcs

Basement



Property Summary

Located close to the intersection of Prospect & Srigly, 137 Wesley St is a 3 bedrooms 2 washrooms Detached. The property basement is Partially Fi Separate Ent. The property has many nice features including Water Heater. .

Home Market Analysis

For Sale

For Lease

Comparable home values have remained relatively stable compared with the same period last year.

Rent levels have decreased 30.3% compared with the same period last year.

Need a More Precise Value?
Contact Alan Zheng for a detailed analysis using recent nearby sales and property-specific features.
Contact Alan
Recent 6-Month Rent Range
$1,900 – $3,400/month

How This Home Compares

Market Temperature
Seller's Market
Strong SellerSellerBalancedBuyerStrong Buyer
Inventory conditions currently favour sellers of similar homes.
Typical Selling Time
18 Days
Similar homes are selling in about 18 days, broadly in line with last year.
Price Position
Need a More Precise Value?
Contact Alan Zheng for a detailed analysis using recent nearby sales and property-specific features.
Contact Alan

Local Area Profile

This property is located in an area with a mix of homeowners and renters with a mix of detached homes and apartments and condominiums. Approximately 39% of residents hold a bachelor's degree or higher, while about 35% have a college credential. Driving is the primary commuting method for nearly all local commuters.





School Information



Commute Information

GTA Go Train Newmarket Go Train Station (1km) - Free Parking available, parking lots: 271

Location





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