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For saleMLS® N13698478

137 Wesley Street, Newmarket, ON L3Y 3N9

Gorham-College Manor · L3Y 3N9

$899,000

$817 / sq ft

2 months on market

Bedrooms
3
Bathrooms
2
Interior
1,100 sf
Parking
6
Lot
100 × 100 ft

What's special

  • 6 parking spaces
  • Central air
  • Separate entrance
  • Water heater

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About this property

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..

Features

  • Water Heater

Property details

Property

Property type
detached
Bedrooms
3
Bathrooms
2
Interior size
1,100 sq ft
Lot size
100 × 100 ft
Possession
Flexible

Interior

Basement
Partially Finished, Separate Entrance
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
East

Exterior & services

Construction
Other
Parking spaces
6
Sewer
Sewer

Costs

List price
$899,000
Property taxes
$4,944 / year (2026)
Price per sq ft
$817

Listing

MLS® number
N13698478
Status
For sale
Listed
August 20, 2026
Days on market
76
Last updated
October 5, 2026
Listing brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 25% of comparable detached listings in Gorham-College Manor are asking less.

$779KMedian $995K$1.48M
This home
$817 / sq ft
Comparable median
$651 / sq ft

Based on 20 comparable active detached listings in Gorham-College Manor. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.2% · minimum $64,900
$64,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,611.88
Property tax (est.)
$412.04
Estimated monthly
$5,024

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$14,455
Total due on closing
$14,455

An estimate on the asking price of $899,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$899,000

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