For Rent

116 Cherrywood Drive Unit# BSMT 2, Newmarket, Ontario L3Y 2X7

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116 Cherrywood Drive Unit# BSMT 2, Newmarket, Ontario L3Y 2X7 is For Rent and has a listing price of 1,400. The property is located in the Newmarket neighbourhood . It's been on the website for 42 Days.

  • Detached
    Property Type
  • 1
    Bedrooms
  • 1
    Bathrooms
  • Parking
  • MLS ID: N12337098
  • Office Name RIGHT AT HOME REALTY
Property Description

Open-concept 1-bedroom basement apartment in a well-maintained, smoke-free bungalow, perfectly located in the heart of Newmarket. Modern laminate floors and potlights throughout. Private 4-piece ensuite. The kitchen is combined with living room and equipped with quartz countertop and backsplash. Home is steps away from Upper Canada Mall, Newmarket & East Gwillimbury GO Stations, Costco and Fairy Lake. You’re also within walking distance to public transit, schools, parks, grocery stores and shopping centres. A short drive takes you to Southlake Regional Hospital and Highways 400 & 404. Ideal for a single professional or couples looking for convenience and access to all amenities. Tenant pays 25% utilities. Internet is included.

Property Details
  • Bedrooms: 1
  • MLS ID: N12337098
  • Bathrooms: 1
  • Price: $1,400
  • Transaction Types: For Rent
  • Ref ID: N12337098
  • Year Built: N/A
  • Approx Sqft: < 700
  • Dir / Cross St: Yonge / Davis
  • Status: Active
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
08/11/2025 N12337098 $1,400 For Rent - -
06/09/2025 N12205788 $1,450 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Newmarket
  • $2,681 Average List Price
    based on 1 year
  • 605 New Listings
    based on 30 days
  • 52 Median Days on Market
    based on 1 year
  • List vs. Selling Price 121.41 % Up
  • Sold (12mo) 822
  • Rented (12mo) 709

  • 1 Month Change -15.4%
  • 3 Month Change -20.7%
  • 6 Month Change -14.1%
Walkscore
Property Type Distribution
  • All Houses
    82.36%
  • Commercial
    5.68%
  • Condo
    11.92%
  • Land for Sale
    0.03%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Bungalow
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 1
  • Exterior Brick
  • Kitchen Y
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Taxes: N/A
  • Last Status New
  • Original Price: $1,400
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 11/08/2025 15:34:08
  • Laundry Access: Shared,In Basement
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