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MLS® N13631744
Newmarket, ON
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!
Inclusions
2 Fridges, 2 Stoves, 2 Hot Water Tanks, All ELF's
Broker
CENTURY 21 HERITAGE GROUP LTD.
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Detached
53 Wilstead Drive Newmarket
Newmarket
Type
Detached
Basement
Apartment
Parking
Detached (7)
Property Tax
~$4,966/yr
Heating
Forced Air
Buying Essentials
Square Feet
900 sqft
Facing Direction
East
Parking
Detached (7)
Finances
List Price
$885,000
Price per SQFT
$983/sqft
Property Tax
~$4,966/yr
Property Specs
Property Type
Detached
MLS Size
900 sqft
Basement
Apartment
Living & Amenities
Heating Type
Forced Air
Features
Accessory Apartment · In-Law Suite · On Demand Water Heater · Primary Bedroom - Main Floor · Water Heater Owned
Policies & Utilities
Neighbourhood
Newmarket
Listed On
Aug 3, 2026
Fenced Yard
Hospital
Library
Public Transit
School
School Bus Route
Days on Market
Current: 96 days
Ceramic Floor, Backsplash, Renovated
10.2 x 10.2
104 sqft
Hardwood Floor, Combined w/Dining, W/O To Porch
13.3 x 12.2
162 sqft
Hardwood Floor, Combined w/Living, Large Window
10.4 x 10.1
106 sqft
Hardwood Floor, Overlooks Backyard, Closet
12.3 x 9.6
118 sqft
Hardwood Floor, Overlooks Frontyard, Closet
12.7 x 9.3
117 sqft
Hardwood Floor, Overlooks Frontyard, Closet
8.7 x 9.3
81 sqft
Ceramic Floor
12.0 x 9.1
108 sqft
Ceramic Floor
7.3 x 4.5
33 sqft
Broadloom, Closet
11.9 x 9.7
116 sqft
Broadloom, Closet
10.2 x 8.4
85 sqft
Broadloom, Closet
11.7 x 8.4
98 sqft
Broadloom, Fluorescent
14.2 x 11.5
164 sqft
Rooms
12
Listed Room Area
1,292 sqft
Source
Estimated from MLS room dimensions
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