$1,068,000

For sale

741 Bur Oak Avenue, Markham (Wismer) - Single Family for Sale

741 Bur Oak Avenue, Markham (Wismer), Ontario, L6E1C3

4 beds4 baths4 parking1,750 ft²Listed 29 days ago

Overview

This 4-bedroom, 4-bathroom home in Markham is for sale offering roughly 1,750 sq ft of space. Listed at $1,068,000, it is attractively priced about 23% below the $1,388,000 median asking price in Markham. It has been on the market 29 days, fresher than the Markham average of 45 days.

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Description

Welcome To 741 Bur Oak Avenue, A Beautifully Renovated 3-Bedroom Freehold End-Unit Townhome In Markham's Sought-After Wismer Neighbourhood. With Over $100,000 Invested In Top-To-Bottom Renovations, This Move-In-Ready Home Showcases Designer Finishes, Fresh Paint, A New Kitchen, Updated Bathrooms, New Flooring And New Appliances. Its Corner Position Offers The Feel Of A Semi-Detached Home, While A Rare Double Garage And Driveway Provide Parking For Up To Four Vehicles In Total. Enjoy The Space And Practicality Of A Traditional Family Home, Complete With A Proper Backyard For Outdoor Living And A Finished Basement With Room To Relax, Work Or Play. Close To Highly Ranked Fred Varley Public School (K-8) And Bur Oak Secondary School, This Thoughtfully Updated Home Brings Together Style, Comfort And Everyday Functionality In An Established Markham Community. (id:66096)

Property Details

MLS®: N13867290
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 4
Interior Size: 1,750 ft²
Frontage: 8 m
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: $5,083.44/yr
Listed

Rooms

Main level

Living room: 5.2 x 4.18 meters
Dining room: 4.54 x 3.18 meters
Family room: 4.54 x 3.18 meters
Kitchen: 4.54 x 3.17 meters

Second level

Primary Bedroom: 4.43 x 4.14 meters
Bedroom 2: 4.14 x 3.11 meters
Bedroom 3: 3.43 x 3.11 meters

Basement

Recreational, Games room: 6.1 x 4 meters
Bedroom 4: 3 x 3.2 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, Dishwasher, Stove, Dryer, Hood Fan
Flooring: Hardwood, Laminate
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Markham (Wismer) listings, avg age

45d

Price / ft²

$610

List price

$1.07M

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 4-bed single family in Markham (Wismer) has been listed for 29 days, which is 16 days fresher than the city average of 45. Act while there is still low competition.

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Listed by AVION REALTY INC. · DEVEN CHEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6E)

This home lists at $1,068,000, about 9.3× the local median household income of $115,000.

Carrying it typically needs a household income of about $208,618 (20% down, 25-yr amortization, stress-tested) — roughly 81% above the area median.

Median household income: $115,000
Population: 38,387
Median age: 39.6
Owner / renter: 87% / 13%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L6E)

$1,068,000· $610/ft²

For sale

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Full Cost Breakdown

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Down Payment7.66% · $81,800

Min 7.66%50%

Mortgage payment$5,468/mo

↳ CMHC premium ($39,448 capitalized)

Property tax (est.)$424/mo

Total monthly$5,891

Cash Needed to Close

Down payment (7.66%)$81,800

Land transfer tax$17,835

Est. closing costs$5,704

Total cash needed$105,339

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