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137 Wesley Street

137 Wesley Street

Newmarket, ON

  • 3 bed
  • 2 bath
  • approx. 1100-1500 sqft
  • Detached
$958,800Price reduced 3%

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..

Listing Details

Taxes (2026)
$4,944
Originally Listed
$988,000
Listed
August 19, 2026

Price History

Listing history

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Property

Style
2-Storey
Construction
Other
Roof
Asphalt Shingle
Foundation
Concrete
Interior
Water Heater
Lot Size
100 x 100 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
6

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Prospect & Srigly
Parcel Number
036110152
Possession
Immediate
Occupancy
Vacant

Included

Inclusions
Existing Appliances, window coverings & light fixtures, As-Is Condition
Exclusions
None
Rental Items
None

Schools

Elementary

  • Prince Charles Public School0.1 km

    Public · York Region DSB · 355 students

    Grade 3 reading: 38% met the provincial standard · Grade 6 math: 25% met the provincial standard

  • Mazo De La Roche Public School0.8 km

    Public · York Region DSB · 550 students

    Grade 6 math: 72% met the provincial standard

  • Bogart Public School1.3 km

    Public · York Region DSB · 695 students

    Grade 3 reading: 88% met the provincial standard · Grade 6 math: 77% met the provincial standard

Secondary

  • Sacred Heart Catholic High School0.6 km

    Catholic · York CDSB · 1240 students

    Grade 10 literacy: 85% met the provincial standard

  • Huron Heights Secondary School0.8 km

    Public · York Region DSB · 1295 students

    Grade 10 literacy: 85% met the provincial standard

  • Newmarket High School1.6 km

    Public · York Region DSB · 1515 students

    Grade 10 literacy: 97% 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
846
Median days on market
21
Sale-to-list price
98.0%

Based on 846 recorded sales of residential freehold properties in Newmarket over the last 12 months.

Listed by

COLDWELL BANKER THE REAL ESTATE CENTRE

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$191,760

Estimated Monthly Payment

$4,710

Land transfer tax

Estimated land transfer tax$15,651

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: $4,710/mo (20% down, 5.5%)

Taxes: $412/mo · Insurance: $240/mo

Estimates only. Consult a financial advisor.

R

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