
Unit 707, 540 Bur Oak Avenue
Markham (Berczy), ON L6C 0Y2
Essential Condos6 storeys, 168 suites, built 2015- 2+1Bedrooms
- 2Bathrooms
- 2Parking
- 1000–1199Sq Ft
- $3,443Tax
- $764/moCondo Fee
- Estimated Value:$646,982See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 707, 540 Bur Oak Avenue, Markham, Berczy
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-04-09 | 2025-05-16 | Login to See Prices | Sold | n12072070 |
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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 707, 540 Bur Oak Avenue, Markham, Berczy
Lower Penthouse Living at its finest! Rarely offered corner unit with a massive 450 sq ft terrace and a highly efficient, square-shaped floor plan designed to optimize both space and flow. Unlike many other units, this layout eliminates awkward angles, offering a clean,functional design throughout. This stunning 2-bedroom + Den, 2- full bathroom condo features an open-concept living space flooded with natural light, thanks to oversized windows and unobstructed, panoramic south-east views. The true showstopper is the huge, private 450 sq ft wraparound terrace, offering three separate walkouts ideal for entertaining, lounging, or simply enjoying morning coffee with the sunrise. The modern kitchen opens to a spacious living and dining area, creating the perfect setting for both everyday living and hosting guests. Both bedrooms are generously sized, with ample storage and natural light. The primary bedroom includes a 4-piece ensuite and his & hers closets! Located in safe, vibrant and family friendly Berczy community; just steps from grocery stores, restaurants, the top-rated schools in the country (Pierre Elliott Trudeau HS (9.8/10), Stonebridge PS (9.7), St. Augustine Catholic HS(9.8)), parks, and Mount Joy GO Station for an easy downtown commute. Welcome home! 2 premium parking spots & 2 storage lockers (side by side) a rare and valuable find.Freshly Painted, Newly updated Light Fixtures throughout!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,443
- Land Transfer Tax Fee
- $12,471
Condo/Maintenance Fee
- Maintenance Fee
- $764 /month
Included In Maintenance Fee
- Heat Included
- Water Included
- Common Elements Included
- Building Insurance Included
- Parking Included
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite
- Laundry Level
- Main Level
- Interior Extras
- None
- Security Features
- Concierge/Security
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Terrace
Building Amenities
- BBQs Allowed
- Concierge
- Guest Suites
- Gym
- Media Room
- Party Room/Meeting Room
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Building Name
- The Essential
- Condo Corp Number
- 1325
Construction
- Exposure
- South East
- Exterior Finish
- Brick
- Special Designation
- Unknown
Inclusions
- Inclusions
- All Window Coverings. Motorized Blinds in Primary Bedroom. All light fixtures. SS Stove, Micro, Fridge, Dishwasher. Washer & Dryer.
Exclusions
- Exclusions
- Freezer
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 2
- Parking Type
- Owned
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Lockers
- Locker Type
- Owned
- Locker Unit
- B143
- Locker Number
- B144
- Locker Level
- B
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, W/O To Balcony
- Kitchen—Flat level, Laminate, Granite Counters, W/O To Balcony
- Primary Bedroom—Flat level, Walk-In Closet(s), 4 Pc Ensuite, His and Hers Closets
- Bedroom 2—Flat level, Laminate, Double Closet, Large Window
- Den—Flat level, Laminate, Open Concept
Washrooms
- 3-piece, Flat
- 4-piece, Flat
- Municipality
- Markham
- Neighbourhood
- Berczy
- Main cross streets
- McCowan Rd & Bur Oak Ave
- Directions
- McCowan Rd & Bur Oak Ave
- MLS® number
- N12072070
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-05-16
- Listed on
- 2025-04-09
- Days on market
- 37 days
- Possession type
- Flexible
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- ROYAL LEPAGE SIGNATURE REALTY
Home Market Value
Current home valuation for Unit 707, 540 Bur Oak Avenue, Markham, Berczy, Markham, ON. Listed for $799,800
HOMEH Estimate
$646,982
Estimated Sales Range
$552,493 - $741,471
HOMEH Estimate for Unit 707, 540 Bur Oak Avenue, Markham, Berczy
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $299,800 over $500K
$54,980
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $29,785 | $22,314 | $19,035 | $0 |
=Total mortgage | $774,399 | $742,134 | $698,865 | $639,840 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,781monthly | $3,623monthly | $3,412monthly | $3,124monthly |
Land Transfer Tax
$12,471
$12,471
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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