2383 Bur Oak Avenue, Markham

$999,000
2383 Bur Oak Avenue

$999,000

New
22d
Att/Row/Townhouse2-Storey

2383 Bur Oak Avenue, Markham

Total Monthly Obligation $4,742

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
22d
Score
16
Yield
3.8%
Cash on Cash
-6.9%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Att/Row/Townhouse
MLS® Number-N13846590
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-19.69 × 95.64 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$4,046.34 (2026)
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXCEL REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Shingles
Foundation-Brick
Sewer-Sewer
Possession-Flexible
Neighbourhood-Greensborough
Title-Residential Freehold

No agent assigned

Welcome to this beautifully maintained townhouse, thoughtfully designed for comfortable family living in a highly sought-after Markham location. Offering approx1547 sq. ft. of well-planned living space, this bright and inviting home combines everyday comfort with the ease of truly move-in-ready living. The main floor welcomes you with 9-ft ceilings, a bright open-concept living & dining area, a spacious kitchen featuring ample cabinetry and a centre island perfect for busy mornings, family dinners and entertaining friends. A cozy fireplace adds warmth and character to the living space. Upstairs, the spacious primary bdrm offers a private ensuite and walk-in closet, while two additional bright and comfortable bdrms provide plenty of space for children, guests or a home office. A renovated full bathroom with custom built-in shelving adds both style and practical storage. The professionally finished bsmt extends warm living space and gives the family room to spread out - whether you envision a cozy family room, home office, gym, play area or recreation space. Step outside to your private, fully fenced backyard a welcoming space for morning coffee, summer dinners, playtime and relaxed evenings with family and friends. The home has been thoughtfully maintained and enhanced with numerous updates, offering the peace of mind that that is clean, bright and ready to enjoy. Updates include a professionally finished bsmt (2021), bathroom upgrades (2022), refrigerator and range (2022), attic insulation (2022), hardwood flooring, as well as a replacement roof & an energy-efficient hot water tank. Located in a desirable and safe community with a welcoming, family-friendly atmosphere and access to excellent, highly regarded schools, this is a neighbourhood where young families can settle in and grow. Fresh, comfortable and inviting, this is more than a well-maintained house -it is an easy to love home that has been cared for and is ready for its next family. Simply move in & enjoy!

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$4,742/mo
Mortgage $4,030
Monthly Loss $3,681
Principal$1,060
Interest$2,969
Property Tax$337
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.1%19
10-Year IRR
8.3%
Returns Index
10.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$37,560/yr
NOI
$25,258/yr
Net Cash Flow
-$1,925/mo
Cash Margin
-61.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
18.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 2383 Bur Oak Avenue

Time

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Data last updated within the past 24 hours.