For Lease
268 Penn Avenue Basement #Basement
Bristol-London, Newmarket, ON
$1,850
2Bd
1Ba
900+sqft
1Parking
32.5 x 95 ftlot
$2/sqft
Semi-DetachedMLS# N13027658Listed 2026-04-2191 DOM
Cooling
Central Air
Basement
Finished
On the market for 91 days — longer than average. The seller may be open to negotiation.
About this home
Welcome to this stunning 2 bedroom basement with separate entrance located in a great neighborhood of Newmarket, it boasts a spacious and functional layout and is situated close to schools, parks, Upper Canada Mall, Southlake Hospital, Shoppers Drug Mart, No Frills, Food Basics, Winners, Walmart, The Real Canadian Super Store, Costco, Hwy 404, Yonge St & Davis Dr and it's all just minutes away. Don't miss this opportunity.
Rooms
Basement
| Recreation | 5.35 × 3.40 m | Laminate Window |
| Bedroom | 3.40 × 3.40 m | Laminate Window |
| Bedroom 2 | 3.55 × 2.95 m | Laminate Window |
| Kitchen | 5.40 × 3.40 m | Laminate Backsplash |
| Dining Room | 5.40 × 3.39 m | Laminate Combined w/Kitchen Window |
Features
- Carpet Free
- None
- Finished
- Separate Entrance
- Central Air
- Bungalow
Financials
Estimated Rental Income
Entire property$2,600 – $3,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield1686.5% – 2464.9%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Newmarket
Days on market91 days
Buyer's MarketSeller's Market
Based on active listings in Newmarket. Data updates daily.
Demographics — Newmarket
Population
87,942
Avg Household Income
$118,000
Age Distribution
0-19
22%
20-34
17%
35-49
20%
50-64
22%
65+
19%
Ownership76% own · 24% rent
EnglishFrenchFarsiRussianMandarin
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Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
57
/ 100
Walk Score
Somewhat Walkable
40
/ 100
Transit Score
Some Transit
41
/ 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.