Sold for:Sold Mar 14, 2025
$698,000

Unit 308, 540 Bur Oak Avenue

Markham (Berczy), ON L6C 0Y2

Condo Apartment SoldNot available
Essential Condos exteriorEssential Condos6 storeys, 168 suites, built 2015
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for Unit 308, 540 Bur Oak Avenue, Markham, Berczy

2025-02-24
2025-03-14
Sold
Price
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MLS#
n11984969

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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 308, 540 Bur Oak Avenue, Markham, Berczy

Stunning, Rarely Offered Corner Condo Unit With South East Exposure, Located in High Desired Berczy Community! This Bright And Spacious, Open Concept, 2-bedroom + Den Unit Offers A Functional Layout With 2 Bathrooms, Perfect For Professionals, Couples, Or Small Families. Super Convenient Location Across From Shopping Plaza W/ Groceries, Restaurants, Pharmacy, Cafe And Bank. Steps To Bus Stop And Minutes To Go Station & Markville Mall! Building Amenities Include Party Room, Gym, Sauna, Meeting Room, Rooftop Terrace, Golf Simulator, Guest Suites And Concierge. 9 Ft. Ceiling, 1 Underground Parking Spot, Modern Kitchen With Backsplash, Granite Countertop, Freshly Painted (Dec 2024), Brand New Roller Blinds (Feb 2025), Brand New Broadloom In Bedrooms (Jan 2025). Top School Zone: Stonebridge P.S. & Pierre Elliot Trudeau H.S. Don't miss out!!!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,830
Land Transfer Tax Fee
$10,435

Condo/Maintenance Fee

Maintenance Fee
$603 /month

Included In Maintenance Fee

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

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Laundry Closet
Interior Extras
Other
Security Features
Concierge/Security
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
Open

Building Amenities

  • Exercise Room
  • Gym
  • Party Room/Meeting Room
  • Rooftop Deck/Garden
  • Sauna
  • Visitor Parking

Building

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

Construction

Exposure
South East
Exterior Finish
Brick
Special Designation
Unknown

Inclusions

Inclusions
All Existing ELF's, Window Coverings, Stove, Fridge, Dishwasher, Microwave, Washer & Dryer

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
2 + 1
Washrooms
2
Kitchens
1

Room sizes

  • Living Room—
    Flat level, Laminate, Combined w/Dining, W/O To Balcony
  • Dining Room—
    Flat level, Laminate, Combined w/Living, Large Window
  • Kitchen—
    Flat level, Laminate, Granite Counters, Backsplash
  • Primary Bedroom—
    Flat level, Broadloom, Ensuite Bath, Walk-In Closet(s)
  • Bedroom 2—
    Flat level, Broadloom, Large Closet, Large Window
  • Den—
    Flat level, Laminate

Washrooms

  • 4-piece, Flat
  • 3-piece, Flat

Municipality
Markham
Neighbourhood
Berczy
Main cross streets
Corner of Bur Oak Ave and Hillwood St
Directions
Corner of Bur Oak Ave and Hillwood St

MLS® number
N11984969
Data source
Toronto Regional Real Estate Board
Status change
2025-03-14
Listed on
2025-02-24
Days on market
18 days
Possession date
2025-03-30
Possession type
30-59 days
Co-op commission
2.5% + HST
Seller
Listed by
ROYAL LEPAGE YOUR COMMUNITY REALTY

Home Market Value

Current home valuation for Unit 308, 540 Bur Oak Avenue, Markham, Berczy, Markham, ON. Listed for $698,000

HOMEH Estimate

?

$603,647

Estimated Sales Range

?

$476,881 - $730,413

HOMEH Estimate for Unit 308, 540 Bur Oak Avenue, Markham, Berczy

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

$603,647Medium confidence
Based on 3 comparable properties
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:6.4%

5% on first $500K + 10% on $198,000 over $500K

Minimum down payment

$44,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
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+CMHC insurance
$26,105$19,474$16,612$0
=Total mortgage
$678,735$647,674$609,912$558,400
Amortization
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%
%
%
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Payment frequency
=Mortgage payment
$3,314monthly$3,162monthly$2,978monthly$2,726monthly
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Land Transfer Tax

Provincial

$10,435

Total Land Transfer Tax

$10,435

Around this home

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