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    For Sale - 137 Wesley Street, Newmarket, Ontario

    Est payment $4,317/mo
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    Views   2
    Time on Jump  62 day

    AI Summary *

    • Rare 100' x 100' property with approved severance for three lots.
    • Opportunity to build three detached homes in a residential area.
    • Existing home offers renovation potential or redevelopment options.
    • Located near main attractions, schools, and hospitals in Newmarket.
    • Flexible development strategies with approved two-lot configuration available.




    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 IDN13698478
    Address137 Wesley Street
    CityNewmarket, Ontario
    Price$899,000
    Bed / Bath3 / 2 Full
    Style2-Storey, Detached
    ConstructionOther
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Water HeaterOwnership FreeholdBasement Partially Finished, Separate EntranceFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Brokerage: COLDWELL BANKER THE REAL ESTATE CENTRE

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    137 Wesley Street
    Newmarket , Ontario
    3 2 $899,000
    Get more info