2732 Bur Oak Ave

Cornell, Markham, L6B 1K5
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2732 Bur Oak Ave, Markham
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
N4007617
MLSID
Contact Us
Property Description
Attention Investors...First Time Offered, Great Income With Aaa Tenants!!! Free Hold End Unit Live-Work Townhouse With Commercial & Residential Use In Cornell. 2 Separate Entrances. Apartment (1100 Sqft) Has A 1 Bedroom Plus Den With A 3 Pc Bathroom Rented To The Same Tenant For The Last 6 Yrs. Tenant Wants To Stay! . Salon Is The Original Tenant (10 Yrs) With 5Year Lease.(700 Sqft) Business Not For Sale, Building Only!!!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-03-15 2023-03-18 3 $2,200 $2,350 Leased
Extras
Washer, Dryer, S/S Fridge, Black Stove, Black Dishwasher, New Boiler System (Owned) All Window Coverings, Tankless Water Heater Owned, All Elfs.
Property Details
Community
Property Type
Store W/Apt/Offc, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
29' x 80'
Fronting
East
Taxes
$4,655 (2017)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Markham Market Statistics
Markham Price Trend
2732 Bur Oak Ave is a 1-bedroom 2-bathroom condo listed for sale at $1,100,000, which is $452,521 (69.9%) higher than the average sold price of $647,479 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Markham declined by $4,826 (0.7%) compared to the previous 30 day period (February 26 - March 26) and down $1,885 (0.3%) from the same time one year ago.
Inventory Change
There were 71 1-bedroom condos listed in Markham over the last 30 days (March 27 - April 25), which is up 14.5% compared with the previous 30 day period (February 26 - March 26) and up 108.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Markham typically sold $12,750 (2.0%) above asking price over the last 30 days (March 27 - April 25), which represents a $11,016 increase compared to the previous 30 day period (February 26 - March 26) and $4,058 more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Markham over the last 30 days (March 27 - April 25) stood at 67.6%, up from 62.9% over the previous 30 days (February 26 - March 26) and down from 108.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Markham stood at 15 days when successfully sold over the last 30 days (March 27 - April 25), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group-Heritage Realty Inc., Brokerage
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