Skip to main content
For Lease
Just Listed

198 Cherrywood Drive BSMT #BSMT

Bristol-London, Newmarket, ON
$2,000
3Bd
2Ba
900+sqft
1Parking
34 x 95 ftlot
$2/sqft
Semi-DetachedMLS# N13240488Listed 2026-06-041 DOM
Cooling
Central Air
Basement
Finished

Just listed! New listings in Newmarket often receive offers within the first week.

About this home

Beautiful newly renovated 3-bed, 1.5-bath basement apartment with separate entrance offers modern comfort, upscale finishes, and unbeatable convenience in one of the area's most desirable neighbourhoods in Newmarket. Hardwood flooring throughout, open-concept living space, and a designer kitchen featuring granite counter tops, stainless steel appliances, and ample cabinetry. Decent sized bedrooms, modern bathrooms. Perfect for families or professionals seeking style and space. Located in a prime, walkable area, you'll be just steps away from schools, South Lake hospital, Newmarket Go Station, public transit, grocery stores, restaurants, and everyday essentials. Enjoy the perfect blend of comfort, convenience, and modern living. Tenants are responsible for 50% of utilities payable to main floor tenant, comes with 1-car parking on the right side, tenant insurance required before occupancy. Appliances to be installed before occupancy**

RenovatedBasement AptHardwood

Rooms

Basement
Kitchen5.24 × 3.47 m
Living Room5.24 × 3.13 m
Primary Bedroom2.68 × 2.92 m
Bedroom 23.56 × 2.40 m
Bedroom 32.77 × 2.52 m

Features

  • Carpet Free
  • Separate Entrance
  • Finished
  • Central Air
  • 1 Storey/Apt

Financials

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield1920.0% – 2880.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Newmarket

Days on market1 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%
Ownership
76% own · 24% rent
EnglishFrenchFarsiRussianMandarin

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.

$2,000
198 Cherrywood Drive BSMT, Newmarket
WhatsAppCall