82-2237 Bur Oak Avenue, Markham, ON

Greensborough, Markham · MLS® N14088800

$499,000
For Sale
Listed 3 days agoNo offer date stated
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2+1Bedrooms
3Bathrooms
2Garage · 3 parking
1000-1199Sq ft

About this home

In short

  • Open House: October 18th, 2:00-4:00 PM.
  • This Thoughtfully Designed Home Offers A Functional Open-Concept Living And Dining Area, Enhanced By Large Windows That Fill The Space With Abundant Natural Light.
  • The Kitchen Provides Ample Cabinetry And Counter Space Access To Belcony That Overlooks The Shops And Park, While The Two Generously Sized Bedrooms Include A Spacious...
  • The Home Has Been Thoughtfully Updated With Kitchen Hood Fan (2026), New Laminate Flooring Throughout, An Upgraded Primary Walk-In Closet With Built-In Organizers...
  • Steps To Public Transit And Minutes To Mount Joy GO Station, Parks, Community Centre, Library, Hospital, Shopping And Restaurants.

Open House: October 18th, 2:00-4:00 PM. Welcome To 2237 Bur Oak Ave, A Bright And Well-Maintained 2+1 -Bedroom, 3-Bathroom Stacked Townhouse In Markham's Highly Desirable Greensborough Community. This Thoughtfully Designed Home Offers A Functional Open-Concept Living And Dining Area, Enhanced By Large Windows That Fill The Space With Abundant Natural Light. The Kitchen Provides Ample Cabinetry And Counter Space Access To Belcony That Overlooks The Shops And Park, While The Two Generously Sized Bedrooms Include A Spacious Primary Bedroom With A Walk-In Closet And Private 4-Pc Ensuite. The Home Has Been Thoughtfully Updated With Kitchen Hood Fan (2026), New Laminate Flooring Throughout, An Upgraded Primary Walk-In Closet With Built-In Organizers, New Vanity Lighting In The Main Floor Bathroom (2026). Enjoy The Spacious Balcony And Convenient Ensuite Laundry (2023). Private Garage Plus One Driveway Parking Space Provides Parking For 2 Cars-A Rare And Valuable Feature. Steps To Public Transit And Minutes To Mount Joy GO Station, Parks, Community Centre, Library, Hospital, Shopping And Restaurants. Zoned For Top-Ranked Bur Oak Secondary School (8.9/10, #23/747). Ideal For First-Time Buyers, Downsizers, Professionals Or Investors!

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
N14088800
Bedrooms
2+1 (3 total)
Bathrooms
3 (1 half)
Size
1000-1199 sq ft
Cross streets
Markham Rd& 16th
Parking
2 garage · 3 parking (built-in)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$449/mo
Exposure
North
Property tax
$2,955 / 2026
Days on market
3
Listing brokerage
Keller Williams Energy Real Estate

Rooms

Dining RoomMain4.55 × 2.49 m

bay window · open concept · laminate

Bedroom 2Upper2.68 × 3.33 m

laminate · large window · closet

Primary BedroomUpper4.45 × 3.08 m

4 pc bath · walk-in closet(s) · laminate

Living RoomMain4.53 × 3.80 m

laminate · open concept · large window

DenUpper2.68 × 1.22 m

Laminate

KitchenMain2.69 × 2.24 m

stainless steel appl · w/o to patio · tile floor

BreakfastMain3.67 × 2.15 m

tile floor · overlook patio · combined w/kitchen

LaundryMain0.91 × 0.91 m

Tile Floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$491Klikely sale price

Listed at $499,000. Going by how homes in Greensborough and the wider GTA have actually closed against their asking prices (about 98%, 14 local closings in 90 days), the likely sale price is near $491K, if it sells. A realistic range is $462K to $531K.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% above the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: the home's condition, or an asking price set as a starting point for offers.

List price
$462KBelow recent closings$531KAbove recent closings

Total price vs nearby homes. Likely closing about $491K, from 14 recent closings in this pocket.

The market behind the math:

14sold nearby · 90 days
$817Kmedian sold price
98%of asking, on average
−7%prices vs a year ago
~21 dayshomes like this take to sell
3days on market so far
$2,639/moest. rent · 5 leases
6.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 14 condo townhouse homes for sale in the area against 14 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 $454/sqft against an area asking average of $569/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 and this building.

It never sees the asking price. The 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $657K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 4 homes sold in this building over the past two years, plus 1 nearby in Greensborough, from 77 closings in Greensborough.

What sellers nearby are askingCurrently listed nearby in Greensborough · asking prices
$656kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $566/sqft; this home lists at $454/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
499kThis home650k725k594kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Markham: $710K in September 2026, down 6% from a year ago, on 245 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$808K24
November 2025$778K12
December 2025$715K12
January 2026$825K12
February 2026$743K24
March 2026$815K21
April 2026$829K10
May 2026$760K31
June 2026$751K26
July 2026$717K28
August 2026$765K25
September 2026$710K20

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.

Old Markham Village
$699K
Markham Village
$699K
Cornell
$588K
Unionville
$893K
Commerce Valley
$1.31M

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
$2,274/mo
$107KIncome needed
4.7×Price ÷ income
$525Weekly cost
$6,455Land 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.

77%mortgage
Mortgage $2,274Property tax $246Condo fee $449Total carry $2,970

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)
$2,207per month

Mortgage amount $399,200 · 4.49% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$2,902Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$246
Condo / maintenance fees
$449
Heating
$0
Estimated monthly cost
$2,902

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

One-time closing costs

Ontario land transfer tax
$6,455
Estimated closing costs
$6,455

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,672/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

$262,974Total interest paid
$662,174Total of all payments
Principal $399,200 Interest $262,974
YearPrincipalInterestBalance
1$8,908$17,578$390,292
2$9,313$17,174$380,979
3$9,736$16,751$371,243
4$10,178$16,309$361,065
5$10,640$15,847$350,425
6$11,123$15,364$339,302
7$11,628$14,859$327,674
8$12,156$14,331$315,518
9$12,708$13,779$302,810
10$13,285$13,202$289,525
11$13,888$12,599$275,637
12$14,519$11,968$261,118
13$15,178$11,309$245,940
14$15,867$10,620$230,073
15$16,587$9,899$213,486
16$17,341$9,146$196,145
17$18,128$8,359$178,017
18$18,951$7,536$159,066
19$19,811$6,675$139,255
20$20,711$5,776$118,544
21$21,651$4,836$96,893
22$22,634$3,853$74,258
23$23,662$2,825$50,596
24$24,736$1,750$25,860
25$25,860$627$0

At the end of your 5-year term

Total paid over the term
$132,435
Principal paid down
$48,775
Interest paid
$83,660
Balance remaining
$350,425

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 5 whole-home leases in Greensborough$2,639/mo
$31,668Gross annual rent
3.9%Cap rate after taxes and upkeep
$2,322 to $2,956Typical rent range
~26 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 5 whole-home leases in Greensborough signed at a median of $2,737 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,639. 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.

6.3%
Gross yield
− Property tax $2,955− Condo fees $5,388− Insurance $600− Vacancy & upkeep $3,483Net operating income $19,242

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Keller Williams Energy Real Estate. MLS®/PropTx.

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