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3 Beds
2 Baths

C$899,000

137 Wesley Street, Newmarket ON, L3Y 3N9

Property typeResidential

Overview

Active

Price Change

Listed Aug 20, 2026

Updated 5 days ago

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..

Additional information

MLS® ID
N13698478

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$4,944
Tax Frequency
Annually

 

Courtesy of Listed by , COLDWELL BANKER THE REAL ESTATE CENTRE,

Based on information from the Toronto Regional Real Estate Board. 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. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 2:43 AM UTC, 10/6/2026

 

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