137 Wesley St

FOR SALE
$1,388,800
137 Wesley St, Newmarket
137 Wesley St
137 Wesley St
137 Wesley St
137 Wesley St
137 Wesley St
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
N9046574
MLSID
Contact Us
Property Description
Attention Builders/Contractors/Investors, rare opportunity to build three (3) detached homes side-by-side in a well-established neighbourhood in the heart of Newmarket. Three (3) lots (Approx. 33' X 100' each) 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 To Be Demolished with Development Charges Credited To The New Development (Approx. $140K In Savings). Option for two lots (Approx. 50' X 100' each) is also available. Close to Main St., Go Train Station, several schools, Southlake hospital and Fairy Lake. Tree Reports, Surveys, MV & Consent Applications Approval, Draft R-Plan and Draft Legal Description are Available Upon Request. Existing house and all contents are sold As-Is, where-Is, Without Any Representation or Warranties From the Seller or Listing Agent.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-11-26 2023-12-01 5 $1 - Suspended
Extras
None
Nearby Intersections
Property Details
Street
Property Type
Detached, 1 1/2 Storey
Lot Size
100' x 100'
Fronting
East
Taxes
$4,669 (2024)
Basement
Part Bsmt
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
4
Driveway
Available
Garage Type
Detached
Newmarket Market Statistics
Newmarket Price Trend
137 Wesley St is a 3-bedroom 2-bathroom home listed for sale at $1,388,800, which is $347,743 (33.4%) higher than the average sold price of $1,041,057 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in Newmarket increased by $1,391 (0.1%) compared to the previous 30 day period (July 20 - August 18) and down $13,562 (1.3%) from the same time one year ago.
Inventory Change
There were 47 3-bedroom homes listed in Newmarket over the last 30 days (August 19 - September 17), which is down 16.1% compared with the previous 30 day period (July 20 - August 18) and up 11.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Newmarket typically sold ($6,822) (0.7%) below asking price over the last 30 days (August 19 - September 17), which represents a $23,107 increase compared to the previous 30 day period (July 20 - August 18) and ($8,408) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Newmarket over the last 30 days (August 19 - September 17) stood at 74.5%, up from 48.2% over the previous 30 days (July 20 - August 18) and up from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Newmarket stood at 21 days when successfully sold over the last 30 days (August 19 - September 17), compared to 40 days before being removed from the market upon being suspended or terminated.
Listing contracted with Coldwell Banker The Real Estate Centre
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