741 Bur Oak Avenue, Markham, ON

Wismer, Markham · MLS® N13867290

$988,000
For Sale
Listed 14 days agoNo offer date stated
3+1Bedrooms
4Bathrooms
2Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • Welcome To 741 Bur Oak Avenue, A Beautifully Renovated 3-Bedroom Freehold End-Unit Townhome In Markham's Sought-After Wismer Neighbourhood.
  • With Over $100,000 Invested In Top-To-Bottom Renovations, This Move-In-Ready Home Showcases Designer Finishes, Fresh Paint, A New Kitchen, Updated Bathrooms, New...
  • Enjoy The Space And Practicality Of A Traditional Family Home, Complete With A Proper Backyard For Outdoor Living And A Finished Basement With Room To Relax, Work Or...
  • Close To Highly Ranked Fred Varley Public School (K-8) And Bur Oak Secondary School, This Thoughtfully Updated Home Brings Together Style, Comfort And Everyday...

Welcome To 741 Bur Oak Avenue, A Beautifully Renovated 3-Bedroom Freehold End-Unit Townhome In Markham's Sought-After Wismer Neighbourhood. With Over $100,000 Invested In Top-To-Bottom Renovations, This Move-In-Ready Home Showcases Designer Finishes, Fresh Paint, A New Kitchen, Updated Bathrooms, New Flooring And New Appliances. Its Corner Position Offers The Feel Of A Semi-Detached Home, While A Rare Double Garage And Driveway Provide Parking For Up To Four Vehicles In Total. Enjoy The Space And Practicality Of A Traditional Family Home, Complete With A Proper Backyard For Outdoor Living And A Finished Basement With Room To Relax, Work Or Play. Close To Highly Ranked Fred Varley Public School (K-8) And Bur Oak Secondary School, This Thoughtfully Updated Home Brings Together Style, Comfort And Everyday Functionality In An Established Markham Community.

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13867290
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
8.06 × 33.52 ft
Cross streets
Mccowan And Bur Oak
Parking
2 garage · 4 parking (detached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,083 / 2025
Days on market
14
Listing brokerage
AVION REALTY INC.

Rooms

RecreationBasement6.10 × 4.00 m

laminate · window · wet bar

Bedroom 2Second4.14 × 3.11 m

hardwood floor · large window · large closet

Bedroom 3Second3.43 × 3.11 m

hardwood floor · large window · large closet

Dining RoomMain4.54 × 3.18 m

combined w/living · hardwood floor · large window

Living RoomMain5.20 × 4.18 m

combined w/dining · hardwood floor · large window

KitchenMain4.54 × 3.17 m

open concept · stainless steel appl · centre island

Family RoomMain4.54 × 3.18 m

hardwood floor · gas fireplace · w/o to yard

Bedroom 4Basement3.00 × 3.20 m

laminate · large closet · 3 pc bath

Primary BedroomSecond4.43 × 4.14 m

hardwood floor · ensuite bath · walk-in closet(s)

BathroomBasement

3 Pc Bath

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Neighbourhood & location

Wismer, Markham, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$4,503/mo
$188KIncome needed
5.2×Price ÷ income
$1,039Weekly cost
$16,235Land 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 $4,503Property tax $424Total carry $4,927

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)
$4,370per month

Mortgage amount $790,400 · 4.49% over 25 years

$197,600Down payment (20.0%)
$790,400Loan before insurance
$0CMHC premium
$4,794Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,370
Property tax
$424
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,794

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

One-time closing costs

Ontario land transfer tax
$16,235
Estimated closing costs
$16,235

Plus your down payment of $197,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,289/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

$520,677Total interest paid
$1,311,077Total of all payments
Principal $790,400 Interest $520,677
YearPrincipalInterestBalance
1$17,638$34,805$772,762
2$18,439$34,004$754,322
3$19,276$33,167$735,046
4$20,152$32,291$714,894
5$21,067$31,376$693,828
6$22,023$30,420$671,805
7$23,023$29,420$648,782
8$24,068$28,375$624,713
9$25,161$27,282$599,552
10$26,304$26,139$573,248
11$27,498$24,945$545,750
12$28,746$23,697$517,004
13$30,052$22,391$486,952
14$31,416$21,027$455,536
15$32,843$19,601$422,694
16$34,334$18,109$388,360
17$35,893$16,550$352,467
18$37,522$14,921$314,945
19$39,226$13,217$275,719
20$41,007$11,436$234,712
21$42,869$9,574$191,843
22$44,815$7,628$147,028
23$46,850$5,593$100,178
24$48,977$3,466$51,201
25$51,201$1,242$0

At the end of your 5-year term

Total paid over the term
$262,215
Principal paid down
$96,572
Interest paid
$165,643
Balance remaining
$693,828

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
Estimate$3,150/mo
$37,800Gross annual rent
2.7%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.8%
Gross yield
− Property tax $5,083− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,159

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

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