137 Wesley Street Newmarket, Ontario L3Y 3N9

$988,000

ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Rare Opportunity to Acquire a 100' X 100' Property in the Heart of Newmarket with an Approved 3-Lot Severance, Creating Three Approximately 33' X 100' Lots and Offering the Opportunity to Build Three Detached Homes Side-By-Side in an Established Residential Neighbourhood. Consent and Minor Variance Applications Have Been Approved, With Each Proposed Lot Permitting a Single-Family Home with Provision for One Accessory Dwelling Unit with A Separate Entrance. The Property Is Currently Improved with an Existing Home, Offering the Flexibility to Renovate qnd Retain the Existing Dwelling or Pursue the Approved Redevelopment Opportunity. R1-D Zoning, With Up To 35% Lot Coverage And 8.5m Maximum Building Height, Provides an Attractive Development Framework. Potential Development Charge Credit of May Be Available in Connection with Redevelopment, Subject to Municipal Confirmation and Applicable Conditions. An Approved Two-Lot Configuration of Approximately 50' X 100' Each Is Also Available, Providing Flexibility for Different Development Strategies. Located In a Well-Established and Highly Desirable Newmarket Neighbourhood, Close to Main Street, Newmarket GO Station, Schools, Southlake Hospital and Fairy Lake. Survey, Deposited Reference Plan and Legal Descriptions Available Upon Request. Existing Dwelling and All Contents Are Being Sold As-Is, Where-Is. A Rare Opportunity to Acquire a Development-Ready Site with Multiple Options in an Established Newmarket Location.. (id:15069)

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https://www.realtor.ca/real-estate/30181585/137-wesley-street-newmarket-gorham-college-manor-gorham-college-manor