741 Bur Oak Avenue, Markham

Price: $988,000

4 bedrooms, 5 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13867290

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.

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active
New Listing

$988,000 - 741 Bur Oak Avenue, Markham

Townhouse for Sale in Markham

New — Listed yesterday

Neighbourhood: Wismer

4Beds
5Baths
1,500 - 1,999Sq Ft
Townhouse

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Property Details
MLS Number
N13867290
Property Type
Townhouse
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
5
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Taxes (2025)
$5,083
Listing Brokerage
AVION REALTY INC.
Description

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.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,068.95/mo

Includes CMHC insurance ($27,565)

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5-yr fixed avg.

Principal: $889,200Interest: $603,920
Mortgage Amount$916,765
Total Interest$603,920
Est. Property Tax$700/mo
Total Cost$1,520,686

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: Wismer

Discover Wismer

Wismer 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 Wismer

  • •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

Wismer 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

741 Bur Oak Avenue, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$700
Insurance (est.)-$206
Net Cash Flow+$2,174

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 $659/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Markham's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.

Bathroom Count Matters

With 5 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 Wismer

I know Wismer 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.

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    741 Bur Oak Avenue, Markham | $988,000 | Battaglia Team