Gurvinder Nokwal REALTOR®
For Sale Detached 60 days on market

$899,000 ↓ $89,000 from $988,000

Est. payment $3,981/moCalculate yours

137 Wesley Street, Newmarket, ON L3Y 3N9

Gorham-College Manor, Newmarket, ON L3Y 3N9

  • 3 Beds
  • 2 Baths
  • 1,100 Sq Ft
Map

Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE MLS® N13698478

About this home

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..

Property details

Overview

Property Type
Detached
Style
2-Storey
For
For Sale
Status
Price Change
Size
1,100 sqft

Interior

Bedrooms
3
Bathrooms
2
Kitchens
1
Basement
Partially Finished, Separate Entrance

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Other
Foundation
Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
100 x 100 Feet
Parking
None garage · 6 total

Financial

Property Taxes
$4,944 (2026)

Location

Neighbourhood
Gorham-College Manor
Cross Street
Prospect & Srigly
Direction Faces
East

Listing

MLS® Number
N13698478
Days on Market
60
Listed On
2026-08-19
Possession
Flexible
Listed By
COLDWELL BANKER THE REAL ESTATE CENTRE

Features

Interior

  • Water Heater

Pool

  • None
Included
Existing Appliances, window coverings & light fixtures, As-Is Condition
Excluded
None
Rental items
None

Mortgage calculator

Minimum for this price: $64,900 (7.22%)

Amortization, years

Estimated mortgage payment

$3,981 per month

Principal and interest
$3,981
Property tax
$412
Estimated monthly cost
$4,393

Your mortgage

Mortgage amount
$719,200
Mortgage insurance
Not needed
Interest over 25 years
$474,973

Cash to close

Down payment
$179,800
Land transfer tax
$14,455
Total, before legal fees
$194,255
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

137 Wesley Street, Newmarket, ON L3Y 3N9 Gorham-College Manor, Newmarket, ON L3Y 3N9
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$899,000 137 Wesley Street, Newmarket, ON L3Y 3N9
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