$593,500

$599,900For salePrice drop↓ $6,400 (1%)

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#86 2245 Bur Oak Avenue, Markham (Greensborough) - Single Family for Sale

#86 2245 Bur Oak Avenue, Markham (Greensborough), Ontario, L6E0C2

2 beds2 baths parking

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Listed by RE/MAX ALL-STARS REALTY INC.

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#41 2265 Bur Oak Avenue, Markham (Greensborough), Ontario, L6E0B8

2 bd1 ba1 pk750 ft²+$352/mo

Listed by ROYAL LEPAGE TERREQUITY REALTY

#208 9700 Ninth Line, Markham (Greensborough), Ontario, L6B1A8

For sale

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$565K

#208 9700 Ninth Line, Markham (Greensborough), Ontario, L6B1A8

3 bd2 ba1 pk850 ft²+$751/mo

Listed by DYNAMIC EDGE REALTY GROUP INC.

#82 2237 Bur Oak Avenue, Markham (Greensborough), Ontario, L6E0C2

For sale

19 days ago

$499K

#82 2237 Bur Oak Avenue, Markham (Greensborough), Ontario, L6E0C2

3 bd3 ba3 pk1,100 ft²+$449/mo

Listed by Keller Williams Energy Real Estate

Investment analysis

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$593,500

Markham

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$449/mo condo fee

Overview

This 2-bedroom, 2-bathroom condo in Markham is for sale offering roughly 1,100 sq ft of space. Listed at $593,500, it is attractively priced about 32% below the $875,000 median asking price in Markham.

Condos for Sale in Markham →All real estate in Markham →

Description

Prime Location, Greensborough Neighbourhood , First Time Buyers ! Retirees! Investors ! Open Concept - One floor living plus walkout to your own balcony with southern exposure. Garage door entrance at the back and can be accessed from front stairwell. Great layout features large living room with nook for a desk ,kitchen overlooks living room .2 bedrooms ,2 bathrooms, Large balcony with south exposure. Close to Go train, Schools, Hospital, Parks, Shops, Markville Mall (id:66096)

Property Details

MLS®: N13600098
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $449/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,689/yr
Listed: 104 days ago

Features

Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

104d

Markham (Greensborough) listings, avg age

48d

Price / ft²

$540

List price

$594K

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 2-bed single family in Markham (Greensborough) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by GALLO REAL ESTATE LTD. · KIM E. REESOR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6E)

This home lists at $593,500, about 5.2× the local median household income of $115,000.

Carrying it typically needs a household income of about $115,931 (20% down, 25-yr amortization, stress-tested) — roughly 1% 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)

$593,500· $540/ft²

For sale

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Full Cost Breakdown

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Down Payment5.79% · $34,350.00

Min 5.79%50%

Mortgage payment$3,100/mo

↳ CMHC premium ($22,366 capitalized)

Property tax (est.)$224/mo

Condo fee$449/mo

Total monthly$3,773

Cash Needed to Close

Down payment (5.79%)$34,350

Land transfer tax$8,345

Est. closing costs$4,281

Total cash needed$46,976

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice