$749,000

For sale

2516 Bur Oak Avenue, Markham (Cornell) - Single Family for Sale

2516 Bur Oak Avenue, Markham (Cornell), Ontario, L6B1H2

3 beds3 baths3 parking1,300 ft²13 × 100 ft (1,304 sq ft) lot sizeListed 32 days ago

Overview

This 3-bedroom, 3-bathroom home in Markham is for sale offering roughly 1,300 sq ft of space. Listed at $749,000, it is attractively priced about 29% below the $1,050,000 median asking price in Markham. It has been on the market 32 days, fresher than the Markham average of 49 days.

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Description

**Legally Registered as 3bedroom at MPAC** Prime opportunity calling for upsizers, first time homebuyers who are shy of the dusty surrounding of brand new homes in the initial years. A neat, quiet freehold townhome in the highly desirable Upper Cornell community. Original Owner with pride of ownership & care. Featuring direct garage access & an extended private driveway, this well-maintained home offers a functional layout with walkout access from the kitchen to a spacious deck-perfect for outdoor dining & entertaining. G/F powder room can be potentially turned into full bathroom to form an in-law suite, along with the current open concept 3rd bedroom. The modern kitchen is equipped island for gatherings. Ensuite FULL BATHROOM in ALL BEDROOMS providing added comfort & convenience. Pampered & cozy upgraded broadloom & underpadding in most living areas. A spacious unfinished basement is awaiting your imagination comes to live. Front lawn landscaping & paved walkway. Ideally situated close to parks, scenic ponds, schools, the GO Station, and hospital amenities. (id:66096)

Property Details

MLS®: N13859364
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 13 × 100 ft (1,304 sq ft)
Frontage: 13 ft
Storeys: 3
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Ownership: Freehold
Property Tax: $3,228.28/yr
Listed

Rooms

Main level

Dining room: 3.66 x 6.81 meters
Kitchen: 3.66 x 2.11 meters
Eating area: 3.66 x 2.11 meters

Upper Level

Primary Bedroom: 3.66 x 2.71 meters
Bedroom 2: 3.66 x 2.49 meters

Ground level

Bedroom 3: 3.66 x 5.77 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Water softener, Dishwasher, Stove, Oven, Dryer, Microwave, Hood Fan, Window Coverings, Water Heater
Flooring: Laminate, Carpeted, Ceramic
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

32d

Markham (Cornell) listings, avg age

49d

Price / ft²

$576

List price

$749K

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Markham (Cornell) has been listed for 32 days, which is 17 days fresher than the city average of 49. Act while there is still low competition.

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Listed by PROMPTON REAL ESTATE SERVICES CORP. · SIMON TAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6B)

This home lists at $749,000, about 6.2× the local median household income of $121,000.

Carrying it typically needs a household income of about $146,306 (20% down, 25-yr amortization, stress-tested) — roughly 21% above the area median.

Median household income: $121,000
Population: 34,763
Median age: 37.2
Owner / renter: 83% / 17%
Avg. household size: 3.4

Source: Statistics Canada, 2021 Census (FSA L6B)

$749,000· $576/ft²

For sale

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Full Cost Breakdown

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Down Payment6.66% · $49,900.00

Min 6.66%50%

Mortgage payment$3,876/mo

↳ CMHC premium ($27,964 capitalized)

Property tax (est.)$269/mo

Total monthly$4,145

Cash Needed to Close

Down payment (6.66%)$49,900

Land transfer tax$11,455

Est. closing costs$4,747

Total cash needed$66,102

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