$1,195,000
Markham
2752 Bur Oak Avenue, Markham (Cornell), Ontario, L6B1K6
This 4-bedroom, 3-bathroom home in Markham is for sale offering roughly 2,750 sq ft of space. It has been on the market 20 days, fresher than the Markham average of 49 days.
Live, Work & Invest in the Heart of Markham's Sought-After Cornell Community! An exceptional opportunity offering unmatched versatility, income potential, and flexibility! This freehold live-work townhouse on Bur Oak Avenue is currently configured as two separate units, presenting endless possibilities. Rent out both units for dual rental income, live in one while renting out the other, or explore the opportunity to operate your business right from home!The tastefully renovated upper-level residence features 3 spacious bedrooms and 2 full bathrooms, an open-concept kitchen with centre island, and a bright living area leading to a spacious walk-out deck. The third-floor primary retreat offers a walk-in closet, private balcony, and 4-piece ensuite.The ground level boasts impressive 10-foot ceilings, wall-to-wall windows, and a flexible layout, currently configured as a bright 1-bedroom, 1-bathroom unit complete with a full kitchen. With potential for conversion to commercial space, the possibilities are endless! Each unit enjoys its own separate laundry, offering added convenience and independence. Complete with a double-car garage with direct ground-floor access and additional driveway parking.Proudly cared for by the same owners for the past 20 years, this property is ideally situated just steps from Cornell Community Park, Bill Hogarth Secondary School, Cornell Community Centre & Library, Markham Stouffville Hospital, shopping, and convenient access to Highways 7 and 407.Whether you're an investor, homeowner, or entrepreneur, this rare property offers the freedom to make it your own. Live in it, lease it, work from it, or do all three! A truly unique opportunity in one of York Region's most desirable communities. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 20 days on market, against an average age of 49 days across the listings currently for sale in this city
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.
This 4-bed single family in Markham (Cornell) has been listed for 20 days, which is 29 days fresher than the city average of 49. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,195,000, about 9.9× the local median household income of $121,000.
Carrying it typically needs a household income of about $233,425 (20% down, 25-yr amortization, stress-tested) — roughly 93% above the area median.
Source: Statistics Canada, 2021 Census (FSA L6B)
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