For Lease
Bsm 508 Roy Rainey Avenue
Wismer, Markham, ON
$1,400
2Bd
2Ba
2,750+sqft
1Parking
$1/sqft
DetachedMLS# N12712086Listed 2026-01-2090 DOM
Cooling
Central Air
Basement
Finished
On the market for 90 days — longer than average. The seller may be open to negotiation.
About this home
Spacious 2-bedroom, 2-bathroom basement apartment with a private separate entrance. Situated in a highly desirable school zone for Bur Oak High School and John McCrae Public School. Walking distance to parks, and minutes to supermarkets, restaurants, and everyday amenities. Includes private laundry (washer and dryer). Tenant pays 50% of utilities (gas, water, hydro). No pets & No smoking.
Basement Apt
Features
- Other
- Finished
- Separate Entrance
- Central Air
- 2-Storey
Financials
Estimated Rental Income
Entire property$2,600 – $3,800/mo
Rental yield2228.6% – 3257.1%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Markham
Days on market90 days
Buyer's MarketSeller's Market
Based on active listings in Markham. Data updates daily.
Demographics — Markham
Population
338,503
Avg Household Income
$118,000
Age Distribution
0-19
20%
20-34
18%
35-49
22%
50-64
22%
65+
18%
Ownership82% own · 18% rent
EnglishMandarinCantoneseTamilUrdu
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
58
/ 100
Walk Score
Somewhat Walkable
45
/ 100
Transit Score
Some Transit
42
/ 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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