Salehian.com 647-325-5000

53 Wilstead Drive

Central Newmarket, Newmarket, L3Y 4T8

$885,000

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  • 3+3 bedrooms
  • 2 bathrooms
  • 7 parking
  • 700-1100 sq ft

Listed 78 days ago · MLS® N13631744

About this home

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!

Details

Type
Detached
Style
Bungalow
Size
700-1100 sq ft
Lot
61.92 × 112.07 ft
Basement
Apartment
Garage
Detached
Kitchens
2
Property tax
$4,966 (2025)
Neighbourhood
Central Newmarket
Municipality
Newmarket
Price per sq ft
$983 (38% above detached houses in Central Newmarket, $714)

Interior

Bedrooms
3 above ground + 3 below
Bathrooms
1 × 3-piece (main), 1 × 3-piece (basement)
Kitchens
2 (1 below ground)
Rooms
6 above ground + 5 below
Family room or den
No
Fireplace
No
Features
Accessory Apartment, In-Law Suite, On Demand Water Heater, Primary Bedroom - Main Floor, Water Heater Owned

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
Bungalow
Exterior
Brick
Roof
Asphalt Rolled, Metal
Foundation
Block
Faces
East
Outdoor
Porch

Parking

Garage spaces
2
Total parking
7
Driveway and parking
Private

Lot

Size
61.92 × 112.07 ft

More

Possession
TBD
Nearby
Fenced Yard, Hospital, Library, Public Transit, School, School Bus Route
Cross street
https://maps.app.goo.gl/GrHDdQa4rBsu16y19

Rooms

RoomLevelSizeFeatures
KitchenMain3.12 × 3.1 m (10'3" × 10'2")Ceramic Floor, Backsplash, Renovated
Living RoomMain4.04 × 3.73 m (13'3" × 12'3")Hardwood Floor, Combined w/Dining, W/O To Porch
Dining RoomMain3.18 × 3.09 m (10'5" × 10'2")Hardwood Floor, Combined w/Living, Large Window
Primary BedroomMain3.75 × 2.93 m (12'4" × 9'7")Hardwood Floor, Overlooks Backyard, Closet
Bedroom 2Main3.87 × 2.82 m (12'8" × 9'3")Hardwood Floor, Overlooks Frontyard, Closet
Bedroom 3Main2.65 × 2.83 m (8'8" × 9'3")Hardwood Floor, Overlooks Frontyard, Closet
KitchenBasement3.65 × 2.76 m (12' × 9'1")Ceramic Floor
BreakfastBasement2.21 × 1.37 m (7'3" × 4'6")Ceramic Floor
Primary BedroomBasement3.63 × 2.97 m (11'11" × 9'9")Broadloom, Closet
Bedroom 2Basement3.11 × 2.55 m (10'2" × 8'4")Broadloom, Closet
Bedroom 3Basement3.58 × 2.55 m (11'9" × 8'4")Broadloom, Closet
Living RoomBasement4.34 × 3.51 m (14'3" × 11'6")Broadloom, Fluorescent

History of this address

7 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚆 Newmarket GO1.5 km

Within a 10-minute walk: 4 grocery stores, 35 cafés and restaurants, 2 parks, 8 pharmacies. Nearest grocery: Bravo Fresh Foods (50 m). Nearest park: Haskett Park (550 m).

Schools nearby

Elementary

  • J.L.R. Bell Public School
    EQAO: Gr 3 reading 62%, math 31%    4 min walk
  • Maple Leaf Public School
    EQAO: Gr 6 reading 100%, math 45%    14 min walk
  • Canadian Martyrs Catholic Elementary School Catholic
    EQAO: Gr 6 reading 90%, math 65%    14 min walk
  • Stuart Scott Public School
    EQAO: Gr 6 reading 79%, math 33%    1.4 km

Secondary

  • Dr. John M. Denison Secondary School
    EQAO: Gr 9 math 47%, literacy test 84%    1.6 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L3Y

Owners / renters
68% / 32%
Median household income
$93,000
Average age
44
Children under 15
14%
Homes
56% detached, 8% high-rise
Commute by transit
4%
Population
43,556

Languages spoken most at home besides English: Iranian Persian 3.2%, Mandarin 1.6%, Russian 1.2%, Yue (Cantonese) 0.9%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for York Region police: 50 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 46 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by CENTURY 21 HERITAGE GROUP LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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