198 Cherrywood Drive BSMT #BSMT
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**
Rooms
| Kitchen | 5.24 × 3.47 m | Hardwood Floor Combined w/Laundry |
| Living Room | 5.24 × 3.13 m | Hardwood Floor Pot Lights |
| Primary Bedroom | 2.68 × 2.92 m | Hardwood Floor Closet Window |
| Bedroom 2 | 3.56 × 2.40 m | Hardwood Floor Closet Window |
| Bedroom 3 | 2.77 × 2.52 m | Hardwood Floor Closet Window |
Features
- Carpet Free
- Separate Entrance
- Finished
- Central Air
- 1 Storey/Apt
Financials
Estimated Rental Income
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Newmarket
Based on active listings in Newmarket. Data updates daily.
Demographics — Newmarket
Similar rentals in Newmarket
Same property type, similar price, similar size — currently for rent.


Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
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.

