137 Wesley Street, Newmarket, ON L3Y 3N9
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..
Interior features
Water Heater
Basement
Partially Finished, Separate Entrance
Bathrooms
1 × 3-piece — Second, 1 × 2-piece — Basement
Fireplace
No
Family room
No
Kitchens
1
Rooms (above / below grade)
6 above, 0 below
Architectural style
2-Storey
Construction materials
Other
Foundation
Concrete
Roof
Asphalt Shingle
Direction faces
East
Garage type
None
Garage spaces
0
Total parking spaces
6
Driveway parking
6
Lot size
100 x 100 ft
Cross street
Prospect & Srigly
Directions
East of Prospect, North of Srigley
Neighbourhood
Gorham-College Manor
Heating
Forced Air — Gas
Cooling
Central Air
Water
Sewer
Sewer
List price
$899,000
Original list price
Annual taxes
$4,944
Tax year
2026
Legal description
LT 41 PL 117 NEWMARKET; LT 42 PL 117 NEWMARKET
Inclusions
Exclusions
MLS #
N13698478
Status
Active
Transaction type
For Sale
Property type
Residential Freehold
Property sub type
Detached
Days on market
List date
Possession
Flexible
Occupancy
Vacant
Listing brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE
$1,049,900
Median list price
23
Active listings
New in last 30 days
Median days on market
Estimated monthly payment
$4,310
Educational estimate only — actual payment depends on your lender, credit, and insurance requirements.
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