509-1709 Bur Oak Avenue, Markham, ON

Wismer, Markham · MLS® N14082680

$645,000
For Sale
Listed 4 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Rarely Offered Southwest-facing Penthouse By Renowned Builder Aspen Ridge, Featuring A Spacious, Sun-filled Layout With Exceptional Privacy And Open Views.
  • Ideally Located Steps To Mount Joy Go Station, With Easy Access To Top Schools (Widmer Public School And Bur Oak Secondary School), Parks, Shopping, Restaurants...

Rarely Offered Southwest-facing Penthouse By Renowned Builder Aspen Ridge, Featuring A Spacious, Sun-filled Layout With Exceptional Privacy And Open Views. Thoughtfully Designed With Virtually No Wasted Space, The Suite Offers Generous Living And Dining Areas, Two Large Bedrooms, And Two Full Bathrooms. Expansive Windows Bring Natural Light Into Every Principal Room Throughout The Day, Creating A Bright And Sophisticated Atmosphere. The Top-floor Setting, Functional Square Layout, And Impressive Sense Of Space Make This Home Truly Stand Apart. Ideally Located Steps To Mount Joy Go Station, With Easy Access To Top Schools (Widmer Public School And Bur Oak Secondary School), Parks, Shopping, Restaurants, Markville Mall, And Highways 7, 407 & 404. A Rare Combination Of Space, Sunlight, Views, And Convenience. A Must See And Buy!

Key facts

Property type
Condo Apartment, Multi-Level
MLS®
N14082680
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Markham Rd & Bur Oak Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$684/mo
Exposure
South West
Property tax
$2,846 / 2026
Days on market
4
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Primary BedroomGround4.02 × 3.69 m

3 pc ensuite · w/o to balcony · walk-in closet(s)

BathroomGround0.00 × 0.00 m

4 pc bath · tile floor

KitchenGround4.11 × 4.97 m

combined w/dining · open concept · stainless steel appl

Living RoomGround4.11 × 4.97 m

combined w/dining · w/o to balcony · laminate

Dining RoomGround4.11 × 4.97 m

combined w/living · w/o to balcony · laminate

Bedroom 2Ground4.02 × 3.05 m

w/o to balcony · large closet · laminate

LaundryGround0.00 × 0.00 m

Tile Floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood 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

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.

Greensborough
$607K
Unionville
$636K
Cathedraltown
$530K
Commerce Valley
$541K
Aileen-Willowbrook
$674K

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
$2,940/mo
$136KIncome needed
4.8×Price ÷ income
$678Weekly cost
$9,375Land 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.

76%mortgage
Mortgage $2,940Property tax $237Condo fee $684Total carry $3,861

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)
$2,853per month

Mortgage amount $516,000 · 4.49% over 25 years

$129,000Down payment (20.0%)
$516,000Loan before insurance
$0CMHC premium
$3,774Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,853
Property tax
$237
Condo / maintenance fees
$684
Heating
$0
Estimated monthly cost
$3,774

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

One-time closing costs

Ontario land transfer tax
$9,375
Estimated closing costs
$9,375

Plus your down payment of $129,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,453/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

$339,916Total interest paid
$855,916Total of all payments
Principal $516,000 Interest $339,916
YearPrincipalInterestBalance
1$11,515$22,722$504,485
2$12,038$22,199$492,447
3$12,584$21,652$479,863
4$13,156$21,081$466,707
5$13,753$20,484$452,954
6$14,377$19,859$438,577
7$15,030$19,206$423,547
8$15,713$18,524$407,834
9$16,426$17,811$391,408
10$17,172$17,065$374,236
11$17,952$16,285$356,284
12$18,767$15,470$337,518
13$19,619$14,618$317,899
14$20,510$13,727$297,389
15$21,441$12,796$275,949
16$22,414$11,822$253,535
17$23,432$10,805$230,103
18$24,496$9,741$205,607
19$25,608$8,629$179,999
20$26,771$7,466$153,228
21$27,986$6,250$125,242
22$29,257$4,980$95,985
23$30,585$3,651$65,400
24$31,974$2,263$33,426
25$33,426$811$0

At the end of your 5-year term

Total paid over the term
$171,183
Principal paid down
$63,046
Interest paid
$108,137
Balance remaining
$452,954

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$3,400/mo
$40,800Gross annual rent
3.8%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.

6.3%
Gross yield
− Property tax $2,846− Condo fees $8,208− Insurance $600− Vacancy & upkeep $4,488Net operating income $24,658

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

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