53 Wilstead Drive, Newmarket, ON L3Y 4T8
Central Newmarket, Newmarket · Near https://maps.app.goo.gl/GrHDdQa4rBsu16y19 · View map
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!
The home
- Type
- Detached home
- Style
- Bungalow
- Square footage
- 700-1100 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 6
- Basement
- Apartment
- Lot size
- 61.9 x 112.1 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 2
- Driveway spaces
- 5
- Total parking
- 7
- Parking features
- Private
Taxes & other
- Property taxes
- $4,966/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- TBD
- Cross street
- https://maps.app.goo.gl/GrHDdQa4rBsu16y19
- Neighbourhood
- Central Newmarket
More
- Price per sq ft
- ~$983 (at 900 sq ft)
- MLS® number
- N13631744
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The home and its surroundings
- Accessory Apartment
- In-Law Suite
- On Demand Water Heater
- Primary Bedroom - Main Floor
- Water Heater Owned
- Fenced Yard
- Hospital
- Library
- Public Transit
- School
- School Bus Route
- Porch
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
53 Wilstead Drive, Newmarket, ON L3Y 4T8
Central Newmarket, Newmarket · Near https://maps.app.goo.gl/GrHDdQa4rBsu16y19
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Listing history for 53 Wilstead Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 53 Wilstead Drive
Answers come straight from this home’s MLS® listing.
How much is 53 Wilstead Drive listed for, and what would it cost each month?
53 Wilstead Drive is listed for $885,000. With 20% down ($177,000), the mortgage payment would be roughly $3,570 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,984 a month, all in. That figure is an illustration, not a quote.
Is 53 Wilstead Drive freehold or a condo, and is there a monthly fee?
53 Wilstead Drive is a detached home in Central Newmarket, Newmarket. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 53 Wilstead Drive have?
53 Wilstead Drive has 3 bedrooms, plus 3 more bedrooms in the basement, and 2 bathrooms. The listing gives the style as bungalow.
Does 53 Wilstead Drive have a garage and parking?
Yes. The listing shows the garage as detached, with room for 2 cars. The driveway adds 5 spaces. In total the listing counts 7 parking spaces.
Does 53 Wilstead Drive have a finished basement?
The listing describes the basement as apartment. It counts 3 bedrooms on that level. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 53 Wilstead Drive?
53 Wilstead Drive is a detached home. A detached home stands on its own lot with no shared walls.
How big is 53 Wilstead Drive, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 61.9 x 112.1 ft.
How is 53 Wilstead Drive heated and cooled?
Heating is forced air (gas). The listing does not show air conditioning.
What are the property taxes for 53 Wilstead Drive?
Property taxes are $4,966 a year (2025), or about $414 a month.
Where is 53 Wilstead Drive?
53 Wilstead Drive is in the Central Newmarket community of Newmarket. The nearest main intersection is https://maps.app.goo.gl/GrHDdQa4rBsu16y19. The postal code is L3Y 4T8.
Is 53 Wilstead Drive still for sale?
Yes. It is an active listing (MLS® N13631744). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 53 Wilstead Drive asking?
Similar properties for sale nearby right now include 151 Thoms Crescent at $899,999 (3 bed), 364 Dixon Boulevard at $849,900 (3+1 bed) and 78 Queen Street at $824,990 (3+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 53 Wilstead Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 53 Wilstead Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.