53 Wilstead Drive, Newmarket, ON

$885,000
MLS#:N13225592
6 beds
2 baths
700-1100 sqft
7.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $885,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 61.92 x 112.07 ft lot
  • Features a ["apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Accessory Apartment, In-Law Suite, On Demand Water Heater
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

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. For Added Value, There Is Also Potential For A Third Income-Generating Suite In The Double Garage, Which Is Separately Heated, 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, Near 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! **EXTRAS** 2 Fridges, 2 Stoves, 2 Hot Water Tanks, All ELF's

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Key Features

Bedrooms
6
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/1/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size61.92 × 112.07 Feet
CountyYork
Annual Tax$4,966
Legal DescriptionLT 126 PL 430 NEWMARKET; SUBJECT TO EXECTUION 93-07614, IF ENFORCEABLE

Parking & Garage

Parking Spaces7.0
Garage Spaces5
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Fenced Yard, Hospital, Library, Public Transit, School, School Bus Route

Community Features

Location

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53 Wilstead Drive, Newmarket, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Central Newmarket, Newmarket.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$741,307

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Rogers
Public256 Rogers Road, Newmarket, Ontario, L3Y 1G6
7.8
Maple Leaf
Public155 Longford Drive, Newmarket, Ontario, L3Y 2Y7
5.3
Canadian Martyrs
Public170 London Road, Newmarket, Ontario, L3Y 6R5
6.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7

Secondary Schools

Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6
Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 53 Wilstead Drive, Newmarket, ON L3Y 4T8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$708,000
Monthly Mortgage$4,114
Property Tax (Est.)$414
Utilities & Maint.$350
Total Monthly Cost$4,878

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Newmarket.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.