2744 Bur Oak Ave

Cornell, Markham, L6B 1K4
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2744 Bur Oak Ave, Markham
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4
BEDROOMS
3
BATHROOMS
2
KITCHENS
9
ROOMS
N4130415
MLSID
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Property Description
3 Storey Freehold Townhouse With Double Garage. Income Opportunity. Live & Work Freehold Townhouse In Heart Of Cornell. 3 Floors Of Rental Income Opportunity. 2nd & 3rd Floor Lease To Single Tenant. Ground Floor Lease To Sing Tenant. Open Concept Kitchen & Living & Work. 4 Separate Entrances & 2 Balconies On Top Floor Suite. 3 Full Bathrooms. 2 Kitchen. Modern Living.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-01-02 2024-02-12 41 $2,200 - Terminated
Extras
All Appliances, Light Fixtures And Improvements Included. Buyer To Assume Lease. Immediate Income Opportunity. 24Hr Notice Required For Showing.
Property Features
Park, Public Transit, Rec Centre, School, Terraced
Property Details
Community
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
23' x 80'
Fronting
East
Taxes
$4,618 (2018)
Basement
None
Exterior
Brick Front, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
Living2nd59.09' x 54.66'Combined W/Dining, Laminate, Picture Window
Dining2nd59.09' x 54.66'Combined W/Living, Laminate, Picture Window
Kitchen2nd42.62' x 19.36'Ceramic Floor, Centre Island, Stainless Steel Appl
2nd Br2nd29.49' x 39.37'Laminate, Window, Double Closet
3rd Br2nd29.17' x 45.96'Laminate, Window, Double Closet
Master3rd45.96' x 45.96'W/O To Balcony, W/I Closet, 5 Pc Ensuite
Markham Market Statistics
Markham Price Trend
2744 Bur Oak Ave is a 4-bedroom 3-bathroom townhome listed for sale at $999,000, which is $338,449 (25.3%) lower than the average sold price of $1,337,449 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 4 bedroom townhome in Markham declined by $12,241 (0.9%) compared to the previous 30 day period (February 26 - March 26) and down $71,923 (5.1%) from the same time one year ago.
Inventory Change
There were 33 4-bedroom townhomes listed in Markham over the last 30 days (March 27 - April 25), which is down 0.0% compared with the previous 30 day period (February 26 - March 26) and up 6.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom townhomes in Markham typically sold $184,719 (13.8%) above asking price over the last 30 days (March 27 - April 25), which represents a $104,964 increase compared to the previous 30 day period (February 26 - March 26) and $65,541 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 4-bedroom townhomes in Markham over the last 30 days (March 27 - April 25) stood at 72.7%, up from 60.6% over the previous 30 days (February 26 - March 26) and up from 64.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom townhome in Markham stood at 16 days when successfully sold over the last 30 days (March 27 - April 25), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with City Plus Realty Inc., Brokerage
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