2278 Bur Oak Avenue, Markham

Price: $999,000

5 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13478164

Welcome to this beautifully maintained freehold townhouse in the highly desirable Greensborough community of Markham! Featuring a bright open-concept layout with an oversized Great Room and Family Room, along with its open Kitchen with Breakfast (rare for townhomes!), premium and durable vinyl flooring on the main level, and hardwood flooring throughout the second floor, this home offers both style and easy maintenance. The spacious primary bedroom includes a luxurious 5-piece ensuite and a large walk-in closet with organizers. The finished basement adds exceptional flexibility with two oversized bedrooms, large windows, and pot lights-perfect for guests, extended family, or a home office. Enjoy a modern kitchen with stainless steel appliances, a private backyard with refreshed interlock and garden space, and parking for three vehicles with a double garage plus driveway. Conveniently located minutes from top-ranked schools, Mount Joy GO Station, YRT, Highway 407, Costco, Walmart, Home Depot, restaurants, and more. Recent updates include kitchen appliances (most are 2023, except for the EXTRA ADDITIONAL stainless steel fridge) and roof (2020). A fantastic opportunity to own a move-in-ready turnkey home in one of Markham's most sought-after neighbourhoods!

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$999,000 - 2278 Bur Oak Avenue, Markham

Townhouse for Sale in Markham

Popular Listing

Neighbourhood: Greensborough

5Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13478164
Property Type
Townhouse
Status
active
Days on Site
14
Bedrooms
5
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
RE/MAX CROSSROADS REALTY INC.
Description

Welcome to this beautifully maintained freehold townhouse in the highly desirable Greensborough community of Markham! Featuring a bright open-concept layout with an oversized Great Room and Family Room, along with its open Kitchen with Breakfast (rare for townhomes!), premium and durable vinyl flooring on the main level, and hardwood flooring throughout the second floor, this home offers both style and easy maintenance. The spacious primary bedroom includes a luxurious 5-piece ensuite and a large walk-in closet with organizers. The finished basement adds exceptional flexibility with two oversized bedrooms, large windows, and pot lights-perfect for guests, extended family, or a home office. Enjoy a modern kitchen with stainless steel appliances, a private backyard with refreshed interlock and garden space, and parking for three vehicles with a double garage plus driveway. Conveniently located minutes from top-ranked schools, Mount Joy GO Station, YRT, Highway 407, Costco, Walmart, Home Depot, restaurants, and more. Recent updates include kitchen appliances (most are 2023, except for the EXTRA ADDITIONAL stainless steel fridge) and roof (2020). A fantastic opportunity to own a move-in-ready turnkey home in one of Markham's most sought-after neighbourhoods!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

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5%10%50%

5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Greensborough

Discover Greensborough

Greensborough is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Greensborough

  • Convenient location in Markham
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Greensborough offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

2278 Bur Oak Avenue, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,430/mo
Range: $2,916 - $3,944
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,430
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,514

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $666/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Markham have shown strong appreciation as families seek more space.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Markham.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Greensborough

I know Greensborough well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    2278 Bur Oak Avenue, Markham | $999,000 | Battaglia Team