For Rent

116 Cherrywood Drive Unit# BSMT 1, Newmarket, Ontario L3Y 2X7

$1,500

116 Cherrywood Drive Unit# BSMT 1, Newmarket, Ontario L3Y 2X7 is For Rent and has a listing price of 1,500. The property is located in the Newmarket neighbourhood . It's been on the website for 13 Days.

  • Detached
    Property Type
  • 1
    Bedrooms
  • 1
    Bathrooms
  • Parking
  • MLS ID: N12621572
  • Office Name RIGHT AT HOME REALTY
Property Description

Open-concept 1-bedroom Fully Furnished basement apartment in a well-maintained, smoke-free bungalow, perfectly located in the heart of Newmarket. Modern laminate floors and potlights throughout. Private 3-piece ensuite. The kitchen offers quartz countertop and backsplash, includes a breakfast area and is combined with living room. 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: N12621572
  • Bathrooms: 1
  • Price: $1,500
  • Transaction Types: For Rent
  • Ref ID: N12621572
  • Year Built: N/A
  • Approx Sqft: 700-1100
  • 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
12/11/2025 N12621572 $1,500 For Rent - -
08/11/2025 N12337096 $1,500 For Rent 09/05/2025 -
06/09/2025 N12205787 $1,550 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Newmarket
  • $2,555 Average List Price
    based on 1 year
  • 425 New Listings
    based on 30 days
  • 43 Median Days on Market
    based on 1 year
  • List vs. Selling Price 127.68 % Up
  • Sold (12mo) 757
  • Rented (12mo) 728

  • 1 Month Change -16.9%
  • 3 Month Change -6.8%
  • 6 Month Change -30.9%
Walkscore
Property Type Distribution
  • All Houses
    81.09%
  • Commercial
    5.9%
  • Condo
    12.98%
  • 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: 3
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 11/12/2025 05:07:51
  • Laundry Access: Shared,In Basement
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