2417 Bur Oak Avenue, Markham, ON

Greensborough, Markham · MLS® N13778746

$969,000
For Sale
Listed 35 days agoNo offer date stated
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3Bedrooms
3Bathrooms
2Garage
1500-2000Sq ft

About this home

In short

  • Welcome To This Bright 3-Bedroom Freehold Townhome In Greensborough, Set On An Impressive 60-Ft Corner Lot With A Large Yard And An Abundance Of Natural Light.
  • The Main Floor Features 9-Ft Ceilings, Separate Living And Dining Areas, Pot Lights And A Family-Sized Kitchen With Quartz Countertops, Backsplash & Stainless Steel...
  • Hardwood Flooring And A Hardwood Staircase With Wrought Iron Spindles Add Warmth And Character To The Home.

Welcome To This Bright 3-Bedroom Freehold Townhome In Greensborough, Set On An Impressive 60-Ft Corner Lot With A Large Yard And An Abundance Of Natural Light. The Main Floor Features 9-Ft Ceilings, Separate Living And Dining Areas, Pot Lights And A Family-Sized Kitchen With Quartz Countertops, Backsplash & Stainless Steel Appliances. Hardwood Flooring And A Hardwood Staircase With Wrought Iron Spindles Add Warmth And Character To The Home. Three Generously Sized Bedrooms Offer Comfortable Family Living. Detached 2-Car Garage. Conveniently Located Minutes From Mount Joy GO, Parks, Schools, Shopping, Transit & More.

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13778746
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
18.84 × 84.62 ft
Cross streets
Bur Oak Ave/Ninth Line
Parking
2 garage (detached)
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$4,950 / 2026
Days on market
35
Listing brokerage
SKYLETTE MARKETING REALTY INC.

Rooms

Bedroom 3Second3.84 × 3.25 m

hardwood floor · window · closet

BreakfastMain2.95 × 2.95 m

quartz counter · stainless steel appl · backsplash

Bedroom 2Second4.28 × 4.26 m

hardwood floor · window · closet

Dining RoomMain3.85 × 3.85 m

ceramic floor · pot lights · window

Primary BedroomSecond4.30 × 3.81 m

hardwood floor · closet · semi ensuite

Living RoomMain5.60 × 4.40 m

hardwood floor · pot lights

Our TakeTeam Asgarian · Broker
In line with recent sales
$996Kautomated estimate, from recent sales

Listed at $969,000, about 3% below our estimate of $996K (homes like it typically land between $934K and $1.04M).

Why $996K. The typical townhouse sold in Greensborough over the past year went for about $942K (29 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $4,950 a year; the typical home sold here pays about $4,100.
  • ▲ Raises it slightly2 garage and 2 total parking spaces, against 1 and 3 typically.
List price
$934KBelow our range$1.04MAbove our range

Total price vs nearby homes. Fair value about $996K, learned from recent GTA sales.

The market behind the math:

4sold nearby · 90 days
35days on market so far
$3,054/moest. rent · 6 leases
3.8%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6 months of inventory: 8 townhouse homes for sale in the area against 4 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $554/sqft against an area asking average of $508/sqft.

  • Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.01M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Greensborough, so I widened the search to the surrounding area.

Based on 6 homes sold on this street over the past two years, from 47 closings in Greensborough.

What sellers nearby are askingCurrently listed nearby in Greensborough · asking prices
$856kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $996K, which is where my estimate comes from.

Per square foot, these ask about $489/sqft; this home lists at $554/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
969kThis home999k899k755k726k899kThis home vs active comparables

Sold price trend

Median sold price for townhouses in Markham: $912K in September 2026, down 10% from a year ago, on 460 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.05M53
November 2025$1.07M36
December 2025$1.14M29
January 2026$1.02M28
February 2026$1.10M23
March 2026$1.00M33
April 2026$1.03M37
May 2026$1.02M56
June 2026$953K53
July 2026$979K42
August 2026$997K38
September 2026$912K32

Neighbourhood & location

Greensborough, Markham, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Cornell
$927K
Wismer
$1.00M
Cedar Grove
$853K
Berczy
$935K
Middlefield
$985K

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$4,416/mo
$185KIncome needed
5.2×Price ÷ income
$1,019Weekly cost
$15,855Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

91%mortgage
Mortgage $4,416Property tax $412Total carry $4,829

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,286per month

Mortgage amount $775,200 · 4.49% over 25 years

$193,800Down payment (20.0%)
$775,200Loan before insurance
$0CMHC premium
$4,699Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,286
Property tax
$413
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,699

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$15,855
Estimated closing costs
$15,855

Plus your down payment of $193,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,188/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$510,664Total interest paid
$1,285,864Total of all payments
Principal $775,200 Interest $510,664
YearPrincipalInterestBalance
1$17,299$34,135$757,901
2$18,085$33,350$739,816
3$18,906$32,529$720,910
4$19,764$31,670$701,146
5$20,661$30,773$680,485
6$21,600$29,835$658,885
7$22,580$28,854$636,305
8$23,606$27,829$612,699
9$24,677$26,757$588,022
10$25,798$25,637$562,224
11$26,969$24,465$535,255
12$28,194$23,241$507,062
13$29,474$21,961$477,588
14$30,812$20,623$446,776
15$32,211$19,224$414,565
16$33,673$17,761$380,891
17$35,202$16,232$345,689
18$36,801$14,634$308,888
19$38,472$12,963$270,417
20$40,218$11,216$230,199
21$42,044$9,390$188,154
22$43,953$7,481$144,201
23$45,949$5,486$98,252
24$48,035$3,399$50,216
25$50,216$1,218$0

At the end of your 5-year term

Total paid over the term
$257,173
Principal paid down
$94,715
Interest paid
$162,458
Balance remaining
$680,485

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 6 whole-home leases in Greensborough$3,054/mo
$36,648Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,810 to $3,298Typical rent range
~20 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 6 whole-home leases in Greensborough signed at a median of $3,129 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,054. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.8%
Gross yield
− Property tax $4,950− Insurance $1,400− Vacancy & upkeep $4,031Net operating income $26,267

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SKYLETTE MARKETING REALTY INC.. MLS®/PropTx.

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