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Listed 3 months ago

2516 Bur Oak Avenue

Cornell, Markham

$759,000

Freehold Townhouse|3-Storey
2 | 3 | 3
About this home

**Legally Registered as 3bedroom at MPAC** Prime opportunity calling for upsizers, first time homebuyers who are shy of the dusty surrounding of brand new homes in the initial years. A neat, quiet freehold townhome in the highly desirable Upper Cornell community. Original Owner with pride of ownership & care. Featuring direct garage access & an extended private driveway, this well-maintained home offers a functional layout with walkout access from the kitchen to a spacious deck-perfect for outdoor dining & entertaining. G/F powder room can be potentially turned into full bathroom to form an in-law suite, along with the current open concept 3rd bedroom. The modern kitchen is equipped island for gatherings. Ensuite FULL BATHROOM in ALL BEDROOMS providing added comfort & convenience. Pampered & cozy upgraded broadloom & underpadding in most living areas. A spacious unfinished basement is awaiting your imagination comes to live. Front lawn landscaping & paved walkway. Ideally situated close to parks, scenic ponds, schools, the GO Station, and hospital amenities.

Extras

No extras listed.

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeAtt/Row/Townhouse
Style3-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,228
Lot Size12.99 ft x 100.33 ft
mls© NumberN13238054
Listed ByPROMPTON REAL ESTATE SERVICES CORP.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,885
Property tax
$269
Heat allowance
$150
Housing costs
$4,304 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $151,800
25-yr amortization

Income needed

$132,000

gross annual household income

Payment at 4%
$3,194 / mo
Cash down
$151,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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