Was listed for:Terminated Jan 17, 2025
$588,000

Unit 302, 540 Bur Oak Avenue

Markham (Berczy), ON L6C 0Y2

Condo Apartment TerminatedNot available
Essential Condos exteriorEssential Condos6 storeys, 168 suites, built 2015

Property not available for sale or for rent.

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Sale & Price History for Unit 302, 540 Bur Oak Avenue, Markham, Berczy

2024-12-29
2025-01-17
Terminated
Price
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MLS#
n11903575

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 302, 540 Bur Oak Avenue, Markham, Berczy

Welcome To An Opportunity Of Homeownership! Open Concept Functional Layout High Ceiling (9 Ft.). Spacious 1 Bedroom + Den Unit. Carpet Free. The Den Can Be Used As A Second Bedroom And Has Direct Access To The Washroom. Living & Dining Space Walks Out To An Oversized Balcony, Perfect For Entertaining. Top School Zone Stonebridge PS, Pierre Elliot Trudeau HS, Steps To Schools, Parks, Restaurants, Grocery, Markville Mall, Go Train, Yrt. Pictures are from the previous listings.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,197
Land Transfer Tax Fee
$8,235

Condo/Maintenance Fee

Maintenance Fee
$445 /month

Included In Maintenance Fee

  • Building Insurance Included
  • Parking Included
  • Common Elements Included
  • Heat Included

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Inside
Interior Extras
Ventilation System
Fireplace/Stove
No
Elevator
Yes

Exterior Features

Balcony
Open

Building Amenities

  • Concierge
  • Gym
  • Rooftop Deck/Garden
  • Sauna
  • Visitor Parking
  • BBQs Allowed

Building

Building Type
Condo Apartment
Building Style
Apartment
Building Name
The Essential
Approx Age
6-10
Condo Corp Number
1325

Construction

Exposure
North East
Exterior Finish
Brick
Special Designation
Unknown

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
1
Washrooms
2
Kitchens
1

Room sizes

  • Living Room—
    Flat level, Laminate, Combined w/Dining, W/O To Balcony
  • Dining Room—
    Flat level, Open Concept, Combined w/Living, Laminate
  • Kitchen—
    Flat level, Stainless Steel Appl, Backsplash, Quartz Counter
  • Den—
    Flat level, Laminate, 3 Pc Bath
  • Bedroom—
    Flat level, 3 Pc Bath, Laminate, Closet

Washrooms

  • 3-piece, Flat

Municipality
Markham
Neighbourhood
Berczy
Main cross streets
McCowan Rd & Bur Oak Ave

MLS® number
N11903575
Data source
Toronto Regional Real Estate Board
Status change
2025-01-17
Listed on
2024-12-29
Days on market
19 days
Possession date
2025-03-02
Possession type
March 2, 2025
Co-op commission
2.5
Seller
Listed by
ZOLO REALTY

Home Market Value

Current home valuation for Unit 302, 540 Bur Oak Avenue, Markham, Berczy, Markham, ON. Listed for $588,000

HOMEH Estimate

?

$435,000

Estimated Sales Range

?

$343,650 - $526,350

HOMEH Estimate for Unit 302, 540 Bur Oak Avenue, Markham, Berczy

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$435,000Medium confidence
Based on 3 comparable properties
+ $153,000 (35%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Markham, ON
Minimum Down Payment Required:5.7%

5% on first $500K + 10% on $88,000 over $500K

Minimum down payment

$33,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$22,156$16,405$13,994$0
=Total mortgage
$576,052$545,605$513,794$470,400
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,813monthly$2,664monthly$2,509monthly$2,297monthly
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Land Transfer Tax

Provincial

$8,235

Total Land Transfer Tax

$8,235

Around this home

9/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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