53 Wilstead Drive, Newmarket, ON L3Y 4T8
Newmarket
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!
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 53 Wilstead Drive, Newmarket, ON L3Y 4T8
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# N13631744
Listed by CENTURY 21 HERITAGE GROUP LTD.
On market since Aug 3, 2026
53 Wilstead Drive, Newmarket, ON L3Y 4T8 is listed for $885,000 CAD.
53 Wilstead Drive, Newmarket, ON L3Y 4T8 has 6 bedrooms and 2 bathrooms.
53 Wilstead Drive, Newmarket, ON L3Y 4T8 is a Detached.
53 Wilstead Drive, Newmarket, ON L3Y 4T8 is in Newmarket, Ontario.
53 Wilstead Drive, Newmarket, ON L3Y 4T8 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 53 Wilstead Drive, Newmarket, ON L3Y 4T8 (MLS# N13631744). You can also send a message through the contact form on this site.
