For Lease
16 Terrance Drive Basement #Basement
Box Grove, Markham, ON
$1,650
2Bd
1Ba
3,250+sqft
1Parking
49.87 x 109.91 ftlot
$1/sqft
DetachedMLS# N13862392Listed 2026-10-0519 DOM
Cooling
Central Air
About this home
Spacious fully furnished 2-Bedroom Basement Apartment in Prime Box Grove, Markham! Welcome to this beautifully maintained 2-bedroom, 1-bathroom basement unit located in the highly sought-after Box Grove community of Markham. This bright and spacious unit features a private separate entrance, offering complete privacy and comfort.Enjoy the convenience of a dedicated kitchen, open-concept living room, and a separate dining area perfect for day-to-day living and entertaining. The unit includes in-suite laundry and 1 parking spot, adding to your comfort and convenience. Both bedrooms are generously sized with ample closet space and large windows throughout, and the modern 3-piece bathroom is clean and well-maintained. Located in a quiet and family-friendly neighbourhood, this home offers easy access to Hwy 407, Hospitals, schools, shopping centers, parks, and public transit.
Basement Apt
Rooms
Basement
| Living Room | 5.11 × 4.83 m | Hardwood Floor Window Pot Lights |
| Kitchen | 4.98 × 1.90 m | Tile Floor Pot Lights |
| Bedroom | 3.76 × 1.90 m | Tile Floor Large Window Walk-In Closet(s) |
| Bedroom 2 | 3.76 × 3.58 m | Closet Large Window Hardwood Floor |
| Bathroom | 3.68 × 1.52 m | 3 Pc Bath Tile Floor |
Features
- Carpet Free
- Walk-Up
- Separate Entrance
- Central Air
- 2-Storey
Financials
Estimated Rental Income
Entire property$2,600 – $3,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield1890.9% – 2763.6%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Markham
Days on market19 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
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Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
61
/ 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.