53 Wilstead Drive

Welcome to 53 Wilstead Drive, Newmarket, a splendid detached bungalow that’s not just a house, but a fantastic opportunity for those looking to invest or accommodate a multi-generational family. This spacious property, boasting three bedrooms on the main floor and an additional three in the basement, is a true gem in the heart of Central Newmarket. If you’re on the hunt for a house for sale in Newmarket , look no further!

Nestled on a generous 62 by 112 feet lot, this bungalow is perfect for families or investors alike. The layout is designed with practicality in mind, featuring two separate units that make it ideal for those seeking rental income or simply wanting to keep family close while maintaining their own space. The main floor welcomes you with bright, airy bedrooms and an open-concept living and dining area that’s perfect for entertaining. The recently renovated kitchen is a highlight, equipped with brand new appliances, including a fridge and stove, making it a delightful space for culinary adventures.

Downstairs, the lower level continues to impress with its own three bedrooms and another full kitchen, also recently updated with brand new appliances. This separate entrance is perfect for an in-law suite or rental unit, providing versatility for any homeowner. If you’re considering a house for sale in Newmarket, this property offers incredible income potential that’s hard to overlook.

One of the standout features of this home is the detached double garage, which is separately heated. This space presents the exciting possibility of a third income-generating suite, further enhancing the investment opportunities available with this property. Imagine the potential to rent out this space while living comfortably in your own home!

The exterior of the house at 53 Wilstead Drive, Newmarket, is clad in brick, offering both durability and a classic aesthetic. While there’s no pool or fireplace, the property does have ample parking space, accommodating up to five vehicles, which is a real bonus in this bustling area. The driveway is private, ensuring that you have your own space to come and go as you please.

In terms of amenities, this house for sale in Newmarket is ideally located in a top-rated high school district, making it a fantastic choice for families. You’ll find yourself just a stone’s throw away from Upper Canada Mall, Southlake Hospital, and various public transport options, including Rapid YRT Transit and GO Transit. Everything you need is within easy reach, making life here incredibly convenient.

While the house is currently unfurnished, it provides a blank canvas for you to make it your own. The heating is provided by a forced air system, and the property is connected to municipal water and sewer, ensuring you have all the modern conveniences at your fingertips.

If you’re looking for a house for sale in Newmarket that offers both space and versatility, 53 Wilstead Drive is an opportunity you won’t want to miss. With the potential for multiple income streams and a fantastic location, it truly stands out in the market. Vendor take-back financing may also be available through the seller, making this an even more attractive proposition.

Don’t let this rare opportunity slip through your fingers. Book your showing today and see for yourself why this house for sale in Newmarket could be your next home or investment!

Central Newmarket, nestled in the heart of Newmarket, is a vibrant and bustling area renowned for its rich history and lively atmosphere. As a prospective resident, you'll find yourself surrounded by a delightful mix of charming shops, inviting cafés, and essential amenities, all within easy walking distance. The community is steeped in equestrian heritage, with the famous Newmarket Racecourses just a stone's throw away, making it a unique hub for horse racing enthusiasts. With its excellent transport links, including direct trains to London, and a variety of green spaces nearby, Central Newmarket offers a perfect blend of urban convenience and countryside charm, making it an ideal place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school, J.L.R. Bell Public School, is just 0.1 km away, offering elementary education from JK to grade 5 under the York District Region School Board. Maple Leaf Public School, located 1.0 km away, provides both English and French instruction for grades JK to 8, with a respectable school rating of 2.7. For secondary education, Dr. John M. Denison Secondary School is 1.7 km from the property, although it currently has a low school rating. Newmarket High School, located 3.4 km away, boasts a strong rating of 8.5, providing French-language instruction for grades 9 to 12. Additionally, the area features Catholic schools like Canadian Martyrs CES, 1.1 km away with a rating of 6.4, and St. Elizabeth Seton CES, 3.9 km away, rated at 6.9. Overall, the diverse educational options nearby cater to various preferences and needs, ensuring a supportive environment for children's academic growth.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, diverse community with a population of 424 residents as of 2021. The average household size is 2.6, and the population has a median age of 41.6 years. The average household income stands at $96,000, with only 8% of residents classified as low-income. The real estate market reflects a significant average property price of $860,000, indicating a relatively affluent neighborhood. Approximately 47.3% of the population is single, while 44% of households include children, suggesting a family-friendly environment. The area is home to a notable immigrant population, comprising 17.86% of residents. Renters make up a significant portion of the community at 52.94%, with no condominiums present. Educational attainment is high, with 46.58% of residents holding a college or university degree. However, 32.88% of the population is not in the labor force, which may reflect various factors including retirement or other personal circumstances. Overall, this demographic snapshot highlights a well-educated, diverse community with a mix of families and singles, set in a relatively affluent area.