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For Lease
Just Listed

48 Andress Way Main Floor Plus Basement #Main Floor Plus Basement

Cedarwood, Markham, ON
$1,999
0Bd
2Ba
1,750+sqft
1Parking
20.01 x 84.58 ftlot
$1/sqft
TownhouseMLS# N13017822Listed 2026-04-200 DOM
Cooling
Central Air
Basement
Finished

Just listed! New listings in Markham often receive offers within the first week.

About this home

Rare Opportunity To Rent A Fully Combined Living Space Offering 2 Bedrooms, 2 Bathrooms, 1 Parking, Ensuite Laundry, And An Open-Concept Kitchen, Living & Dining Area, Located In The Highly Sought-After Cedarwood Community In Markham For $1,999/Month.This Unique Rental Package Includes A Brand New Never-Lived-In Studio Basement Apartment Along With A Separate Main Floor Bedroom With Ensuite Bathroom, Together Functioning As A Practical 2 Bed 2 Bath Layout Ideal For Single Tenant Use.The Basement Unit Features A Modern Open-Concept Design With A Seamless Kitchen, Living, And Dining Area. The Kitchen Is Equipped With Stainless Steel Appliances Including Stove With Oven And Fridge, Along With A Quartz Countertop Offering A Clean And Contemporary Finish. The Basement Also Includes Ensuite Laundry For Exclusive Convenience, Along With Multiple Closets Providing Excellent Storage Options. The Bathroom Is Beautifully Finished With A Glass-Enclosed Standing Shower And Quartz Vanity, Delivering A Sleek And Modern Design.The Main Floor Bedroom Offers A Private Ensuite Bathroom Featuring A Bath Tub, Quartz Countertop Vanity, And Toilet. This Space Provides Comfort, Privacy, And Functionality With Access To A Shared Main Entrance And Backyard.The Property Includes One Driveway Parking Space And Is Ideally Located Within Walking Distance To Costco, Grocery Stores, Restaurants, Parks, Schools, And Public Transit, Ensuring Exceptional Day-To-Day Convenience.Common Kitchen And Common Laundry Access Included.Utilities: 50% Shared.This Setup Is Ideal For A Working Professional Seeking A Clean, Quiet, And Functional Living Arrangement In A Prestigious And Highly Convenient Neighbourhood.One Tenant Only. No Room Sharing.Available Immediately. One-Year Lease Preferred.Applicants Must Provide Employment Letter, Recent Pay Stubs, References, Full Equifax Credit Report, Past Rental History, And Completed Rental Application. Strict Screening Process Applies.

Basement Apt

Rooms

Main Floor
Bedroom 21.00 × 1.00 m
Basement
Bedroom1.00 × 1.00 m
Kitchen1.00 × 1.00 m
Laundry1.00 × 1.00 m

Features

  • None
  • Finished
  • Central Air
  • 3-Storey

Financials

Estimated Rental Income

Entire property$2,000 – $3,000/mo
Basement apartment$1,800 – $2,500/mo
Rental yield1200.6% – 1800.9%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Markham

Days on market0 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%
Ownership
82% own · 18% rent
EnglishMandarinCantoneseTamilUrdu

Our estimate for this home

Priced 99.8% below estimate
Estimated range
$870K$1.01M
Mid-point $941K · ~$538/sqft
How this listing compares
$870KList · $2K$1.01M
High confidence·Based on 252 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

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.

$1,999
48 Andress Way Main Floor Plus Basement, Markham
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