This property was sold on March 12, 2025. This listing is for reference purposes only. to view the sold price.
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 $698,800 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.
This stunning 2-bedroom + den luxury penthouse unit exudes pride of ownership and offers an unbeatable location with unobstructed views that flood the space with natural light. 1001 sq ft + 46 sq ft balcony. Designed for those who appreciate open-concept living, the unit boasts a functional layout with no wasted space, making it both spacious and bright. The modern kitchen is a chefs dream, featuring stainless steel appliances, quartz countertops, and a stylish tile backsplash, complemented by upgraded extended cabinetry.The unit includes 2 full bathrooms, including a 4-piece ensuite, and laminate flooring throughout (no carpet). The private den area is perfect for a home office or nursery. The living area opens up to a private balcony, ideal for enjoying evening sunsets or hosting guests. Additional features include soaring 9-ft smooth ceilings throughout.Top-notch building amenities include a gym, party room, sauna, rooftop terrace with lounge and BBQ area, golf simulator, and concierge services. Located within walking distance to shopping, restaurants, schools (Stonebridge Public School and Pierre Elliot Trudeau High School), and public transit, this location is truly unbeatable.A must-see unit offering incredible value, perfect for entertainment, relaxation, and convenience. $$$ upgrades: carpet to laminate floor throughout (except baths), Upgraded kit cabinets in lieu of standard, Extended upper kitchen cabinets (42"), Smooth ceiling, In-suite ceiling junction box, Decora switch for kitchen ceiling light fixture, Upgraded interior door styles *Less than $700/sf vs. $1,200/sf for pre-con condos - Affordable luxury *Don't miss out!
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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 520 days. This property is listed at $698,800 with an estimated mortgage of $2,326* per month. It has 3 beds, 2 bathrooms, and is 1000-1199 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
Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 540 Bur Oak Avenue 715, Markham, ON L6C 0Y2
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 $698,800 in Markham, the legal minimum down payment is $44,880 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 $10,451 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 $10,451.
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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.