$1,088,000 - 2957 Bur Oak Avenue, Markham
Townhouse for Sale in Markham
New — Listed 4 days ago- MLS Number
- N13241114
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 4
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- HOMELIFE NEW WORLD REALTY INC.
Beautiful And Spacious Freehold Townhome In The Highly Sought-After Cornell Community! Offering Nearly 2,000 Sq Ft Above Grade Plus A Finished Basement, This Well-Maintained Home Features A Functional Open Concept Layout Perfect For Modern Family Living. The Main Floor Boasts Desirable 9-Ft Ceilings, Hardwood Floors, Large Windows And Abundant Natural Light, Creating A Bright And Airy Living Space. Freshly Painted Throughout, The Home Offers A Clean, Modern And Truly Move-In Ready Feel. Spacious Living And Dining Areas Flow Seamlessly Into The Family Room And Eat-In Kitchen Featuring A Centre Island, Stainless Steel Appliances And Breakfast Area-Ideal For Both Everyday Living And Entertaining. The Generous Primary Bedroom Features A Walk-In Closet With Custom Built-In Organizers, Extensive Shelving, Clothing Storage And Jewelry Organization, Plus An Additional Custom-Made Wardrobe Offering Exceptional Storage Space-A Rare And Practical Upgrade.Rarely Offered Second-Floor Laundry Adds Everyday Convenience And Functionality For Busy Families. The Finished Basement Provides Versatile Additional Living Space Perfect For A Recreation Room, Home Office, Gym, Study Area Or Multi-Purpose Family Use.Rare Detached Double Car Garage With Rear Laneway Access Plus Additional Parking. Major Updates Include Furnace, Central Air Conditioning, Roof, Washer, Dryer, Stove And Dishwasher-All Replaced Approximately 2-3 Years Ago. Existing Water Softener Included.Excellent Location Close To Top-Ranked Schools, Parks, Cornell Community Centre, Markham Stouffville Hospital, Mount Joy GO Station, Public Transit, Shopping, Restaurants And Everyday Amenities.Move-In Ready And Offering Exceptional Value In One Of Markham's Most Family-Friendly Neighbourhoods!
Estimate your monthly payments for this property
Estimated Payment
$4,812.59/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Markham
Markham is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Markham
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Markham offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
2957 Bur Oak Avenue, Markham
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $725/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Markham's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Markham have shown strong appreciation as families seek more space.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,533 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.