2383 Bur Oak Avenue, Markham, ON

Greensborough, Markham · MLS® N13846590

$999,000
For Sale
Listed 18 days agoNo offer date stated
3Bedrooms
3Bathrooms
1Garage · 2 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this beautifully maintained townhouse, thoughtfully designed for comfortable family living in a highly sought-after Markham location.
  • The main floor welcomes you with 9-ft ceilings, a bright open-concept living & dining area, a spacious kitchen featuring ample cabinetry and a centre island perfect...
  • Upstairs, the spacious primary bdrm offers a private ensuite and walk-in closet, while two additional bright and comfortable bdrms provide plenty of space for...
  • A renovated full bathroom with custom built-in shelving adds both style and practical storage.
  • Updates include a professionally finished bsmt (2021), bathroom upgrades (2022), refrigerator and range (2022), attic insulation (2022), hardwood flooring, as well as...

Welcome to this beautifully maintained townhouse, thoughtfully designed for comfortable family living in a highly sought-after Markham location. Offering approx1547 sq. ft. of well-planned living space, this bright and inviting home combines everyday comfort with the ease of truly move-in-ready living. The main floor welcomes you with 9-ft ceilings, a bright open-concept living & dining area, a spacious kitchen featuring ample cabinetry and a centre island perfect for busy mornings, family dinners and entertaining friends. A cozy fireplace adds warmth and character to the living space. Upstairs, the spacious primary bdrm offers a private ensuite and walk-in closet, while two additional bright and comfortable bdrms provide plenty of space for children, guests or a home office. A renovated full bathroom with custom built-in shelving adds both style and practical storage. The professionally finished bsmt extends warm living space and gives the family room to spread out - whether you envision a cozy family room, home office, gym, play area or recreation space. Step outside to your private, fully fenced backyard a welcoming space for morning coffee, summer dinners, playtime and relaxed evenings with family and friends. The home has been thoughtfully maintained and enhanced with numerous updates, offering the peace of mind that that is clean, bright and ready to enjoy. Updates include a professionally finished bsmt (2021), bathroom upgrades (2022), refrigerator and range (2022), attic insulation (2022), hardwood flooring, as well as a replacement roof & an energy-efficient hot water tank. Located in a desirable and safe community with a welcoming, family-friendly atmosphere and access to excellent, highly regarded schools, this is a neighbourhood where young families can settle in and grow. Fresh, comfortable and inviting, this is more than a well-maintained house -it is an easy to love home that has been cared for and is ready for its next family. Simply move in & enjoy!

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13846590
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
19.69 × 95.64 ft
Cross streets
Ninth line/Bur Oak Ave
Parking
1 garage · 2 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Brick
Roof
Shingles
Sewer
Sewer
Property tax
$4,046 / 2026
Days on market
18
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

KitchenMain2.84 × 4.88 m

centre island · stainless steel appl · w/o to yard

Bedroom 3Second2.74 × 2.79 m

hardwood floor · window · closet

Living RoomMain3.25 × 6.76 m

hardwood floor · large window

Dining RoomMain2.84 × 4.57 m

fireplace · ceramic floor · combined w/kitchen

Primary BedroomSecond3.86 × 5.33 m

4 pc ensuite · hardwood floor · walk-in closet(s)

Bedroom 2Second2.84 × 3.66 m

hardwood floor · window · closet

Our TakeTeam Asgarian · Broker
Above what recent sales support
$938Kautomated estimate, from recent sales

Listed at $999,000, about 7% above our estimate of $938K (homes like it typically land between $879K and $983K).

Why $938K. The typical townhouse sold in Greensborough over the past year went for about $942K (29 sales). What sets this one apart:

  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$879KBelow our range$999KAbove our range

Total price vs nearby homes. Fair value about $938K, learned from recent GTA sales.

The market behind the math:

4sold nearby · 90 days
18days on market so far
$3,054/moest. rent · 6 leases
3.7%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 $571/sqft against an area asking average of $506/sqft.

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 $951K. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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
$850kavg 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 $938K, which is where my estimate comes from.

Per square foot, these ask about $486/sqft; this home lists at $571/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
999kThis home969k899k755k726k899kThis 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
$4,553/mo
$187KIncome needed
5.3×Price ÷ income
$1,051Weekly cost
$16,455Land 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.

93%mortgage
Mortgage $4,553Property tax $337Total carry $4,890

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,419per month

Mortgage amount $799,200 · 4.49% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$4,756Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,419
Property tax
$337
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,756

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

One-time closing costs

Ontario land transfer tax
$16,455
Estimated closing costs
$16,455

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,348/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

$526,474Total interest paid
$1,325,674Total of all payments
Principal $799,200 Interest $526,474
YearPrincipalInterestBalance
1$17,835$35,192$781,365
2$18,645$34,382$762,721
3$19,491$33,536$743,230
4$20,376$32,651$722,854
5$21,301$31,726$701,553
6$22,268$30,759$679,284
7$23,279$29,748$656,005
8$24,336$28,691$631,668
9$25,441$27,586$606,227
10$26,596$26,430$579,631
11$27,804$25,223$551,827
12$29,066$23,960$522,760
13$30,386$22,641$492,374
14$31,766$21,261$460,608
15$33,208$19,819$427,400
16$34,716$18,311$392,684
17$36,292$16,735$356,392
18$37,940$15,087$318,452
19$39,663$13,364$278,789
20$41,463$11,563$237,325
21$43,346$9,681$193,979
22$45,314$7,713$148,665
23$47,372$5,655$101,294
24$49,522$3,504$51,771
25$51,771$1,256$0

At the end of your 5-year term

Total paid over the term
$265,135
Principal paid down
$97,647
Interest paid
$167,487
Balance remaining
$701,553

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.

3.7%
Gross yield
− Property tax $4,046− Insurance $1,400− Vacancy & upkeep $4,031Net operating income $27,170

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXCEL REALTY LTD.. MLS®/PropTx.

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