For Lease
Just Listed
319 Rita's Avenue Lower #Lower
Summerhill Estates, Newmarket, ON
$1,650
1Bd
1Ba
< 700sqft
1Parking
DetachedMLS# N13814466Listed 2026-09-221 DOM
Cooling
Central Air
Basement
Finished
Just listed! New listings in Newmarket often receive offers within the first week.
About this home
Beautiful Basement Apartment Available! Renovated in 2023! Located just steps away from Yonge St., this legal basement apartment offers modern comfort and convenience. Enjoy the privacy of your own separate entrance, providing easy access to your new home. 1 Bedroom, 1 Bathroom , thoughtfully designed. With one cozy bedroom and a well-appointed bathroom, it's the ideal retreat to unwind after a long day. Say goodbye to laundromat visits! The apartment boasts a separate, spacious laundry room complete with brand new washer, dryer, and convenient sink. The heart of this apartment is the sizable Gourmet kitchen, featuring a stunning quartz countertop, new stove, range hood, fridge, tile backsplash, and ample cupboard space for all your culinary needs. Indulge in the ambiance provided by stylish potlights throughout the apartment, creating a warm and inviting atmosphere. Don't miss your chance to call this stunning apartment your new home!
RenovatedBasement Apt
Rooms
Basement
| Kitchen | 3.16 × 2.77 m | Vinyl Floor Quartz Counter Backsplash |
| Living Room | 2.77 × 4.17 m | Vinyl Floor Pot Lights |
| Bedroom | 2.86 × 3.44 m | Vinyl Floor |
Features
- Other
- Apartment
- Finished
- Central Air
Financials
Estimated Rental Income
Entire property$2,000 – $3,000/mo
Basement apartment$1,800 – $2,500/mo
Rental yield1454.5% – 2181.8%
*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%
Ownership76% own · 24% rent
EnglishFrenchFarsiRussianMandarin
Other rentals like this
Similar rentals in Newmarket
Same property type, similar price, similar size — currently for rent.
For Lease3 months ago
$1,750
Detached
128 Adam Place Lower unit/Basement #Lower unit/Basement, Bristol-London
Newmarket, ON
0+1 bd
1 ba
900
2
MLS# N13543504Homelife/Bayview Realty Inc.
WhatsApp Aman
For Lease15 days ago
$1,600
Detached
63 Hillview Drive basement #basement, Bristol-London
Newmarket, ON
1 bd
1 ba
1,300
2
MLS# N13757524Re/Max Hallmark Realty Ltd.
WhatsApp Aman
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
64
/ 100
Walk Score
Somewhat Walkable
41
/ 100
Transit Score
Some Transit
52
/ 100
Bike Score
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.