Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Berczy. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Client RemarksLuxury ''The Essential'' Condo Cozy & Sun-Filled One Bedroom Plus Den Unit With Fenced Balcony (Approx 677 Sqf Plus Balcony 53 Sqft) Located In Highly Saught After Berczy! Freshly Painted. 9 Ft Ceiling With Laminate Flooring. Functional Split Layout With The Den Can Be Used As A 2nd Bedroom Or A Meeting Room. Great For Working At Home! Open Concept Kitchen With Stainless Steel Appliances, Granite Countertop, Backsplash & Undermount Sink! Ensuite Laundry! Upgraded LED Light Fixtures Throughout! Great Amenities Including Gym and Exercise Room, Party Room with Kitchen, Golf Simulator Lounge, Conference Room, Rooftop Garden and BBQ area. Close To Top Ranking School: Pierre Elliott Trudeau High School & Stonebridge Public School. And Steps to FreshCo Supermarket, Restaurants, Banks And Berczy Park. Mins To Centennial Or Mount Joy Go Station, Highway 407, 404, Markham Stouffville Hospital, Markville Mall, Costco, Etc. Family Friendly Neighborhood.
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This condo apartment located at 540 Bur Oak Avenue, Markham is currently for sale and has been available on SousaSells for 566 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 2 beds, 1 bathroom, and is 600-699 square feet. 540 Bur Oak Avenue, Markham is in the Berczy neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Public Transit, School, Park
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Data-driven valuation for 540 Bur Oak Avenue 340, Markham, ON L6C 0C4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.
About Purchasing a Home in Markham, ON
For a property listed at $499,000 in Markham, the legal minimum down payment is $24,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,455 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.