For Sale
137 Wesley Street
Gorham-College Manor, Newmarket, ON
$999,800
3Bd
2Ba
1,300+sqft
6Parking
100 x 100 ftlot
$769/sqft
DetachedMLS# N12156465Listed 2025-05-17383 DOM
Cooling
Central Air
Basement
Partially Finished
On the market for 383 days — longer than average. The seller may be open to negotiation.
About this home
Attention Builders/Contractors/Investors, Renovate Existing Home Siting On a 100'X100' lot or Own Three (3) Lots And Build Three Detached Homes Side-By-Side In A Well-Established Neighbourhood In The Heart Of Newmarket. Each Lot Is Approx. 33' X 100', Zoned As R1-D, With Up To 35% Coverage And 8.5m Height. Minor Variance And Consent Applications Approved, Permitting A Single Family Home With Allowance For One Accessory Dwelling With A Separate Entrance On Each Lot. Existing House Can Be Demolished With Development Charges Credited To The New Development (Approx. $140K In Potential Savings). Option For Two Lots (Approx. 50' X 100' Each) Is Also Approved and Available. Close To Main St., Go Train Station, Several Schools, Southlake Hospital And Fairy Lake. Surveys, R-Plan And Legal Description Are Available Upon Request. Existing House And All Contents Are Sold As-Is, Where-Is.
Features
- None
- Partially Finished
- Central Air
- 1 1/2 Storey
Financials
Annual Taxes
$4,797.07
Estimated Rental Income
Entire property$3,200 – $4,800/mo
Rental yield3.8% – 5.8%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Newmarket
Days on market383 days
Buyer's MarketSeller's Market
Based on active listings in Newmarket. Data updates daily.
Demographics — Newmarket
Population
87,942
Avg Household Income
$118,000
Age Distribution
0-19
22%
20-34
17%
35-49
20%
50-64
22%
65+
19%
Ownership76% own · 24% rent
EnglishFrenchFarsiRussianMandarin
Our estimate for this home
Estimated range
$1.08M – $1.25M
Mid-point $1.17M · ~$897/sqft
How this listing compares
$1.08MList · $1000K$1.25M
Medium confidence·Based on 15 gorham-college manor comparables
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
57
/ 100
Walk Score
Somewhat Walkable
36
/ 100
Transit Score
Some Transit
49
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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