2662 Bur Oak Ave, Markham - Single Garage Town Home

2662 Bur Oak Ave

LocationCornell, Markham, L6B 1J1
$769.9K For Sale
Property Images
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Property Images
Property Images
Property Images
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Description

Property Sold "As Is", as per Schedule "A"

Features

  • House Facing
    Facing: East
  • Bedrooms
    Bedrooms: 3
  • Bathrooms
    Bathrooms: 4
  • Garages
    Garages: 1
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 12.99 x 108.27 Feet
  • Lot Depth
    Space: 1100-1500
  • Tax Amount
    Tax: $ 3519.72
  • MLS
    N13713556
  • Listing contracted with: CENTURY 21 NEW CONCEPT
Bathroom Pieces Level
1xBath3 pcs

Ground

1xBath4 pcs

Third

1xBath3 pcs

Third

1xBath3 pcs



Property Summary

Located close to the intersection of 16th Ave. & Bur Oak Ave., 2662 Bur Oak Ave is a 3 bedrooms 4 washrooms Freehold Townhouse. The unit has a Single Built-In Parking Space. The property's basement is finished and has bedrooms. The property has many nice features including Carpet Free. .

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 7.1% compared with the same period last year.

Rent levels have remained relatively stable compared with the same period last year.

Recent Comparable Value Range
$680,000 – $920,000
Recent 6-Month Rent Range
$2,850 – $3,000/month

How This Home Compares

Market Temperature
Balanced Market
Strong SellerSellerBalancedBuyerStrong Buyer
Supply and recent sales are relatively balanced for similar homes.
Typical Selling Time
14 Days
Similar homes are selling in about 14 days, faster than the same period last year.
Price Position
3.6% Lower
The asking price is below the estimated value of comparable homes.

Local Area Profile

This property is located in an area with a high level of homeownership with a mix of detached homes, townhouses and apartments and condominiums. Approximately 55% of residents hold a bachelor's degree or higher, while about 16% have a college credential. The large majority of local commuters travel by car.





School Information



Commute Information

GTA Go Train Mount Joy Go Train Station (2.6km) - Free Parking available, parking lots: 1322

Location





Community Overview

2662 Bur Oak Ave is at North West Corner of Cornell Community. Located in the northeast part of Markham, Cornell is bounded by Highway 407, Ninth Line, Donald Cousens Parkway, and Reesor Road. The area is mainly bordered by farmland and the Rouge River Valley, making it a natural and serene place to call home. The community's roots are surprisingly enjoyable, with its name derived from William Cornell, a Rhode Island resident related to the founder of Cornell University, Ezra Cornell. Additionally, many houses feature detached garages with laneway access, providing extra space and the potential for rental income. In past 3 months, 19 Town homes were sold at average of $882.57K. Additionally, 49% of residents in this neighborhood are first-generation immigrants, while 32% are second-generation immigrants, contributing to the community's diversity. In 2662 Bur Oak Ave neighbourhood, you will find many residents are Chinese, Hong Konger, Canadian, Asian, and Tamil. However, the distance to Highway 404 may make it less convenient to travel to downtown Toronto by car. The Cornell Community Centre is the hub for many community groups and projects, and its most used facilities are an indoor track, recreation hall, and pool. Whether residents seek routine check-ups or more serious medical care, the hospital is a vital resource. Lastly, Cornell is considered a safe and secure community, with many wellness clinics and the Markham Stouffville hospital conveniently across the southern border. Cornell is an excellent neighborhood with great homes, parks, schools, and amenities, making it an excellent place for anyone seeking a diverse and communal living experience.


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