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Renanza Realty
For sale

137 WESLEY STREET

Newmarket (Gorham-College Manor), Ontario

MLS® N13698478

$958,800

Status
Active
Property type
House
MLS® number
N13698478
Bedrooms
3
Bathrooms
2
Year built
—

Listing description

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 summary

MLS® number
N13698478
Property type
Single Family
Building type
House
Title
Freehold
Land size
100 x 100 FT
Annual property taxes
$4,944.47
Parking
6 spaces · No Garage
Days on market
41 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Partially finished, Separate entrance, N/A, N/A
Appliances
Window Coverings, Water Heater

What would this home cost you?

Based on the $958,800 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,461 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE, VAUGHAN.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.