2752 Bur Oak Avenue, Markham, ON
Cornell, Markham · MLS® N14080848
About this home
In short
- Live, Work & Invest in the Heart of Markham's Sought-After Cornell Community.
- The tastefully renovated upper-level residence features 3 spacious bedrooms and 2 full bathrooms, an open-concept kitchen with centre island, and a bright living area...
- The third-floor primary retreat offers a walk-in closet, private balcony, and 4-piece ensuite.
- The ground level boasts impressive 10-foot ceilings, wall-to-wall windows, and a flexible layout, currently configured as a bright 1-bedroom, 1-bathroom unit complete...
- Proudly cared for by the same owners for the past 20 years, this property is ideally situated just steps from Cornell Community Park, Bill Hogarth Secondary School...
Live, Work & Invest in the Heart of Markham's Sought-After Cornell Community! An exceptional opportunity offering unmatched versatility, income potential, and flexibility! This freehold live-work townhouse on Bur Oak Avenue is currently configured as two separate units, presenting endless possibilities. Rent out both units for dual rental income, live in one while renting out the other, or explore the opportunity to operate your business right from home!The tastefully renovated upper-level residence features 3 spacious bedrooms and 2 full bathrooms, an open-concept kitchen with centre island, and a bright living area leading to a spacious walk-out deck. The third-floor primary retreat offers a walk-in closet, private balcony, and 4-piece ensuite.The ground level boasts impressive 10-foot ceilings, wall-to-wall windows, and a flexible layout, currently configured as a bright 1-bedroom, 1-bathroom unit complete with a full kitchen. With potential for conversion to commercial space, the possibilities are endless! Each unit enjoys its own separate laundry, offering added convenience and independence. Complete with a double-car garage with direct ground-floor access and additional driveway parking.Proudly cared for by the same owners for the past 20 years, this property is ideally situated just steps from Cornell Community Park, Bill Hogarth Secondary School, Cornell Community Centre & Library, Markham Stouffville Hospital, shopping, and convenient access to Highways 7 and 407.Whether you're an investor, homeowner, or entrepreneur, this rare property offers the freedom to make it your own. Live in it, lease it, work from it, or do all three! A truly unique opportunity in one of York Region's most desirable communities.
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- N14080848
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3
- Size
- 2500-3000 sq ft
- Lot
- 28.31 × 80.05 ft
- Cross streets
- Bur Oak / 16th Ave.
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Available
- Basement
- Other, None
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Not Applicable
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $5,066 / 2026
- Days on market
- 4
- Listing brokerage
- REVEL REALTY INC.
Listed at $1,195,000. Going by how homes in Cornell and the wider GTA have actually closed against their asking prices (about 98%, 19 local closings in 90 days), the likely sale price is near $1.17M, if it sells. A realistic range is $1.10M to $1.32M.
Independent value check: $1.18M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.11M and $1.24M).
Why $1.18M. The typical townhouse sold in Cornell over the past year went for about $921K (75 sales). What sets this one apart:
- ▲ Raises it stronglyIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $5,066 a year; the typical home sold here pays about $4,200.
- ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
- ▲ Raises it slightly2 garage and 4 total parking spaces, against 1 and 3 typically.
Total price vs nearby homes. Likely closing about $1.17M, from 19 recent closings in this pocket.
The market behind the math:
About 0.9 months of inventory: 6 townhouse homes for sale in the area against 19 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $435/sqft against an area asking average of $623/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 19 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.06M. 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
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Cornell, so I widened the search to the surrounding area.
Based on 30 homes sold on this street over the past two years, from 165 closings in Cornell.
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $1.18M, which is where my estimate comes from.
Per square foot, these ask about $443/sqft; this home lists at $435/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.05M | 53 |
| November 2025 | $1.07M | 36 |
| December 2025 | $1.14M | 29 |
| January 2026 | $1.02M | 28 |
| February 2026 | $1.10M | 23 |
| March 2026 | $1.00M | 33 |
| April 2026 | $1.03M | 37 |
| May 2026 | $1.02M | 56 |
| June 2026 | $953K | 53 |
| July 2026 | $979K | 42 |
| August 2026 | $997K | 38 |
| September 2026 | $912K | 32 |
Neighbourhood & location
Cornell, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $956,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,286
- Property tax
- $422
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,708
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,375
- Estimated closing costs
- $20,375
Plus your down payment of $239,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $317,153
- Principal paid down
- $116,806
- Interest paid
- $200,348
- Balance remaining
- $839,194
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 30 whole-home leases in Cornell signed at a median of $2,865 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,952. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REVEL REALTY INC.. MLS®/PropTx.