53 Wilstead Drive
Newmarket, ON
- 6 bed
- 2 bath
- approx. 700-1100 sqft
- Detached
Welcome To 53 Wilstead Dr., A Spacious 3+3 Bedroom Detached Bungalow In The Heart Of Newmarket, Offering Incredible Income Potential. Situated On A Large 62' Lot, This Home Features Two Separate Units, Making It Ideal For Multi-Generational Living Or Savvy Investors. The Main Floor Boasts 3 Bright Bedrooms, An Open-Concept Living And Dining Area And A Recently Renovated Kitchen With Brand New Appliances, Including A Fridge And Stove. The Lower Level Offers An Additional 3 Bedrooms, A Full, Recently Renovated Kitchen With Brand New Appliances, Including A Fridge And Stove, And A Common Front Entrance - Perfect For Rental Income Or An In-Law Suite. The Upstairs Unit Has The Potential To Generate Approximately $2,500/Month In Rental Income, While The Basement Unit Could Generate Approximately $2,000/Month, Providing Strong Cash Flow Opportunities For Investors. Located In A Strategic Area Surrounded By Residential, Institutional, And Commercial Uses, This Property Offers Potential Future Redevelopment Opportunities, Subject To Municipal Approvals And Buyer Due Diligence. For Added Value, There Is Also Potential For A Third Income-Generating Suite In The Double Garage, Which Is Separately Heated With A Gas Heater, Features An Approximate 10-Foot Ceiling Height, And Provides An Ideal Space For A Personal Workshop, Studio, Or Additional Workspace, Further Enhancing The Property's Investment Opportunities. Surrounded By Mature Trees And Offering Ample Parking Space, This Property Is Conveniently Located In A Top-Rated High School District, Walking Distance To Upper Canada Mall, Southlake Hospital, Rapid YRT Transit, Schools, GO Transit, And All Major Amenities. Vendor Take Back Financing May Be Available Through The Seller. Don't Miss Out On This Rare Opportunity - Book Your Showing Today!
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Listing Details
- Taxes (2025)
- $4,966
- Listed
- August 3, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Brick
- Roof
- Asphalt Rolled, Metal
- Foundation
- Block
- Interior
- Accessory Apartment, In-Law Suite, On Demand Water Heater, Primary Bedroom - Main Floor, Water Heater Owned
- Lot Size
- 61.92 x 112.07 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 2
- Total Parking
- 7
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- https://maps.app.goo.gl/GrHDdQa4rBsu16y19
- Parcel Number
- 036020065
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- 2 Fridges, 2 Stoves, 2 Hot Water Tanks, All ELF's
Schools
Elementary
- J L R Bell Public School0.3 km
Public · York Region DSB · 135 students
Grade 3 reading: 62% met the provincial standard
- Maple Leaf Public School0.9 km
Public · York Region DSB · 405 students
Grade 3 reading: 60% met the provincial standard · Grade 6 math: 45% met the provincial standard
- Canadian Martyrs Catholic Elementary School1 km
Catholic · York CDSB · 530 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 65% met the provincial standard
Secondary
- Dr John M Denison Secondary School1.5 km
Public · York Region DSB · 1000 students
Grade 10 literacy: 84% met the provincial standard
- Sir William Mulock Secondary School2.6 km
Public · York Region DSB · 1190 students
Grade 10 literacy: 89% met the provincial standard
- Huron Heights Secondary School2.7 km
Public · York Region DSB · 1295 students
Grade 10 literacy: 85% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L3Y
- Population
- 43,556
- Private dwellings
- 17,365
- Median age
- 45.6
- Average household size
- 2.5
- Median household income
- $93,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Newmarket · last 12 months
- Median sold price
- $925,000
- Homes sold
- 837
- Median days on market
- 21
- Sale-to-list price
- 98.0%
Based on 837 recorded sales of residential freehold properties in Newmarket over the last 12 months.
Rooms
3-piece on Main, 3-piece on Basement
Main
- Bedroom 212'8" x 9'3"
- Bedroom 38'8" x 9'3"
- Dining Room10'5" x 10'2"
- Kitchen10'3" x 10'2"
- Living Room13'3" x 12'3"
- Primary Bedroom12'4" x 9'7"
Basement
- Bedroom 210'2" x 8'4"
- Bedroom 311'9" x 8'4"
- Breakfast7'3" x 4'6"
- Kitchen12' x 9'1"
- Living Room14'3" x 11'6"
- Primary Bedroom11'11" x 9'9"
Listed by
CENTURY 21 HERITAGE GROUP LTD.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$177,000
Estimated Monthly Payment
$4,348
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,348/mo (20% down, 5.5%)
Taxes: $414/mo · Insurance: $221/mo
Estimates only. Consult a financial advisor.
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