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$885,000
Ontario,Newmarket (Central Newmarket)
For Sale Active
53 WILSTEAD DRIVE, Newmarket (Central Newmarket), Ontario L3Y4T8
  • 6
  • 2
  • 700 - 1100Square Feet
Basic Details
Description

Welcome To 53 Wilstead Dr., A Spacious 3+3 Bedroom Detached Bungalow In The Heart Of Newmarket, Offering Incredible Income Potential. Situated On A Large 62′ Lot, This Home Features Two Separate Units, Making It Ideal For Multi-Generational Living Or Savvy Investors. The Main Floor Boasts 3 Bright Bedrooms, An Open-Concept Living And Dining Area And A Recently Renovated Kitchen With

Brand New Appliances, Including A Fridge And Stove. The Lower Level Offers An Additional 3 Bedrooms, A Full, Recently Renovated Kitchen With Brand New Appliances, Including A Fridge And Stove, And A Common Front Entrance – Perfect For Rental Income Or An In-Law Suite. The Upstairs Unit Has The Potential To Generate Approximately $2, 500/Month In Rental Income, While The Basement Unit Could Generate Approximately $2, 000/Month, Providing Strong Cash Flow Opportunities For Investors. Located In A Strategic Area Surrounded By Residential, Institutional, And Commercial Uses, This Property Offers Potential Future Redevelopment Opportunities, Subject To Municipal Approvals And Buyer Due Diligence. For Added Value, There Is Also Potential For A Third Income-Generating Suite In The Double Garage, Which Is Separately Heated With A Gas Heater, Features An Approximate 10-Foot Ceiling Height, And Provides An Ideal Space For A Personal Workshop, Studio, Or Additional Workspace, Further Enhancing The Property’s Investment Opportunities. Surrounded By Mature Trees And Offering Ample Parking Space, This Property Is Conveniently Located In A Top-Rated High School District, Walking Distance To Upper Canada Mall, Southlake Hospital, Rapid YRT Transit, Schools, GO Transit, And All Major Amenities. Vendor Take Back Financing May Be Available Through The Seller. Don’t Miss Out On This Rare Opportunity – Book Your Showing Today! (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: N13631744
  • Price: $885,000
  • Bedrooms: 6
  • Bathrooms: 2
  • Square Footage: 700 - 1100 Sqft
  • Status: Active
  • Office Name: CENTURY 21 HERITAGE GROUP LTD.
  • Property Sub Type: Single Family
  • Office Key: 51523
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
  • Basement: N/A, Apartment in basement
  • Fence: Fenced yard
  • Parking: Detached Garage, Garage
  • Architectural Style: Bungalow
  • Exterior Features: Brick
  • Flooring: Carpeted, Hardwood, Ceramic
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Newmarket (Central Newmarket), L3Y4T8
  • Street: Wilstead
  • Street Number: 53
  • Street Suffix: Drive
  • Longitude: W80° 31' 22.8''
  • Latitude: N44° 3' 19.3''
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 61.9 x 112.1 FT
  • Stories: 1.0
Financial
  • Tax Annual Amount: 4966
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Listing updated: 2026-08-04 01:36:15
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Listing Information
  • List Agent Key: 2037200
  • List Office Key: 51523
  • Modification Timestamp: 2026-08-03T19:35:32Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-08-03T19:26:39Z
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Listing updated: 2026-08-04 01:36:15
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