$968,000

For sale

2948 Bur Oak Avenue, Markham (Cornell) - Single Family for Sale

2948 Bur Oak Avenue, Markham (Cornell), Ontario, L6B1E5

3 beds4 baths3 parking1,750 ft²24 × 108 ft (2,556 sq ft) lot sizeListed 22 days ago

Overview

This 3-bedroom, 4-bathroom home in Markham is for sale offering roughly 1,750 sq ft of space. Listed at $968,000, it is attractively priced about 8% below the $1,050,000 median asking price in Markham. It has been on the market 22 days, fresher than the Markham average of 49 days.

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Description

Spacious 3 bedrooms and 4 washrooms home, including a jacuzzi tub. Living room with a beautiful fireplace, plus a large family room. Open plan kitchen with an island. Brand new appliances. This is an oversized 3-bedroom home is built by Aspen Ridge. Over 1,800 sq. ft. of living space. Hardwood floors and stairs. 9-foot ceilings, crown mouldings. The kitchen leads to an interlocked courtyard behind the home, providing a large private space for relaxing evenings and BBQ gatherings. Fully renovated, move-in-ready. Fully finished basement provides excellent additional living space or an entertainment area. A double-car garage with the third outdoor parking space. A rare opportunity to own a versatile and beautifully updated home in a highly desirable neighbourhood. Excellent schools, including Cornell Village Public School, Little Rouge Public School, and Bur Oak Secondary School. (id:66096)

Property Details

MLS®: N14028858
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 4
Half Baths: 2
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 24 × 108 ft (2,556 sq ft)
Frontage: 24 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 3.24 x 4.53 meters
Kitchen: 2.46 x 3.85 meters
Dining room: 3.27 x 2.46 meters
Eating area: 2.46 x 2.19 meters
Family room: 4.04 x 5.42 meters

Basement

Media
Partial bathroom
Recreational, Games room

Second level

Bedroom: 3.93 x 5.42 meters
Bedroom: 3.29 x 3.63 meters

Features

Appliances: Washer, Dishwasher, Range, Dryer, Oven - Built-In, Hood Fan, Blinds, Window Coverings, Garage door opener
Flooring: Hardwood, Laminate
Foundation: Concrete
Exterior: Brick
Lot Features: Conservation/green belt

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Markham (Cornell) listings, avg age

49d

Price / ft²

$553

List price

$968K

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 22 days, which is 27 days fresher than the city average of 49. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · AQ QURESHI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6B)

This home lists at $968,000, about 8.0× the local median household income of $121,000.

Carrying it typically needs a household income of about $189,084 (20% down, 25-yr amortization, stress-tested) — roughly 56% 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)

$968,000· $553/ft²

For sale

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Full Cost Breakdown

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Down Payment7.42% · $71,800

Min 7.42%50%

Mortgage payment$4,969/mo

↳ CMHC premium ($35,848 capitalized)

Property tax (est.)$393/mo

Total monthly$5,362

Cash Needed to Close

Down payment (7.42%)$71,800

Land transfer tax$15,835

Est. closing costs$5,404

Total cash needed$93,039

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