2948 Bur Oak Ave, Markham - Double Garages Semi-Detached Home

2948 Bur Oak Ave

LocationCornell, Markham, L6B 1E5
$968K For Sale
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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.

Features

  • House Facing
    Facing: East
  • Bedrooms
    Bedrooms: 3
  • Bathrooms
    Bathrooms: 4
  • Garages
    Garages: 2
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 23.62 x 108.27 Feet
  • Lot Depth
    Space: 1500-2000
  • Tax Amount
    Tax: $ 4718.85
  • MLS
    N14028858
  • Listing contracted with: ROYAL LEPAGE SIGNATURE REALTY
Room Size(M) Description
Living Rm3.24x4.53

Hardwood Floor, Fireplace, Large Window

Kitchen2.46x3.85

Modern Kitchen, B/I Appliances, 2 Pc Bath

Dining Rm3.27x2.46

Hardwood Floor, Halogen Lighting, Large Window

Breakfast2.46x2.19

Eat-in Kitchen, Halogen Lighting, Large Window

Family Rm4.04x5.42

Laminate, Open Concept, 6 Pc Ensuite

Br3.93x5.42

Hardwood Floor, 4 Pc Bath, Walk-In Closet(s)

Br3.29x3.63

Hardwood Floor, Closet, Large Window

Br2.60x3.02

Hardwood Floor, Closet, Large Window

Laundry0.00x0.00

Recreatio0.00x0.00

2 Way Fireplace, Open Concept, Large Window

Media Rm0.00x0.00

Halogen Lighting, Open Concept, Large Window

Powder Rm0.00x0.00



Bathroom Pieces Level
1xBath4 pcs

Second

1xBath3 pcs

Second

1xBath2 pcs

Main

1xBath2 pcs

Basement



Property Summary

Located close to the intersection of 9th Line & 16th Ave, 2948 Bur Oak Ave is a 3 bedrooms 4 washrooms Semi-Detached. The unit has a Double Detached Parking Spaces. The property has many nice features including Built-In Oven. Living Room Rm, Kitchen, Dinning Room Rm, Breakfast Room and Family Room Rm are on the Main floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 14.3% compared with the same period last year.

Rent levels have increased 3.2% compared with the same period last year.

Recent Comparable Value Range
$790,000 – $1,050,000
Recent 6-Month Rent Range
$3,250 – $3,300/month

How This Home Compares

Market Temperature
Strong Seller's Market
Strong SellerSellerBalancedBuyerStrong Buyer
Low inventory strongly favours sellers of similar homes.
Typical Selling Time
24 Days
Similar homes are selling in about 24 days, slower than the same period last year.
Price Position
5.2% Higher
The asking price is above the estimated value of comparable homes.

Local Area Profile

This property is located in a predominantly owner-occupied residential area with a mix of detached homes, townhouses and apartments and condominiums. Approximately 53% of residents hold a bachelor's degree or higher, while about 18% have a college credential. The large majority of local commuters travel by car.





School Information



Commute Information

GTA Go Train Markham Go Train Station (2.7km) - Free Parking available, parking lots: 410

Location





Community Overview

2948 Bur Oak Ave is at the Heart 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, 10 Semi-Detached homes were sold at average of $930.9K. Additionally, 49% of residents in this neighborhood are first-generation immigrants, while 32% are second-generation immigrants, contributing to the community's diversity. In 2948 Bur Oak Ave neighbourhood, you will find many residents are Chinese, East-Indian, Canadian, Filipino, and English. 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. Cornell residents are well-served by a range of shopping options, with everything from small businesses and specialty shops to larger retail venues. 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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