$885,000
Available - For Sale
Listing ID: N13631744
53 Wilstead Drive , Newmarket, L3Y 4T8, York
| 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! |
| Price | $885,000 |
| Taxes: | $4966.00 |
| Occupancy: | Vacant |
| Address: | 53 Wilstead Drive , Newmarket, L3Y 4T8, York |
| Directions/Cross Streets: | https://maps.app.goo.gl/GrHDdQa4rBsu16y19 |
| Rooms: | 6 |
| Rooms +: | 5 |
| Bedrooms: | 3 |
| Bedrooms +: | 3 |
| Family Room: | F |
| Basement: | Apartment |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 10.23 | 10.17 | Ceramic Floor, Backsplash, Renovated |
| Room 2 | Main | Living Ro | 13.25 | 12.23 | Hardwood Floor, Combined w/Dining, W/O To Porch |
| Room 3 | Main | Dining Ro | 10.43 | 10.14 | Hardwood Floor, Combined w/Living, Large Window |
| Room 4 | Main | Primary B | 12.3 | 9.61 | Hardwood Floor, Overlooks Backyard, Closet |
| Room 5 | Main | Bedroom 2 | 12.69 | 9.25 | Hardwood Floor, Overlooks Frontyard, Closet |
| Room 6 | Main | Bedroom 3 | 8.69 | 9.28 | Hardwood Floor, Overlooks Frontyard, Closet |
| Room 7 | Basement | Kitchen | 11.97 | 9.05 | Ceramic Floor |
| Room 8 | Basement | Breakfast | 7.25 | 4.49 | Ceramic Floor |
| Room 9 | Basement | Primary B | 11.91 | 9.74 | Broadloom, Closet |
| Room 10 | Basement | Bedroom 2 | 10.2 | 8.36 | Broadloom, Closet |
| Room 11 | Basement | Bedroom 3 | 11.74 | 8.36 | Broadloom, Closet |
| Room 12 | Basement | Living Ro | 14.24 | 11.51 | Broadloom, Fluorescent |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Basement |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | Bungalow |
| Exterior: | Brick |
| Garage Type: | Detached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 5 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 700-1100 |
| Property Features: | Fenced Yard, Hospital |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| CENTURY 21 HERITAGE GROUP LTD. |
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|
Freda Ziba
Sales Representative
Dir:
647-997-2120
Bus:
905-764-7111
Fax:
905-764-1274
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At a Glance:
| Type: | Freehold - Detached |
| Area: | York |
| Municipality: | Newmarket |
| Neighbourhood: | Central Newmarket |
| Style: | Bungalow |
| Tax: | $4,966 |
| Beds: | 3+3 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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