540 Bur Oak Avenue, Unit 29, Markham, ON
Property no longer active
This property was sold on April 17, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Berczy. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $589,900 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Rarely available spacious 1 + Den suite with two bath, parking, and locker in a prime Markham neighborhood, with a versatile open-concept den that can be used a small 2nd bedroom or office. This well-designed unit offers ample living space, a Nest thermostat for personalized comfort with heat and A/C covered in the maintenance fees. Enjoy bright morning sunlight with an eastern exposure that enhances the living space while keeping the unit cooler in the afternoon. Modern kitchen features stainless steel appliances, quartz stone counter tops, and dual undermount sink. The building boasts top-tier amenities, including a concierge, gym, sauna, games room, party/meeting room, and more. Located steps from daily conveniences like grocery stores, top-rated schools, and public transit, with Berczy Park nearby for evening strolls. Schedule a viewing today!
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Property Summary
This condo apartment located at 540 Bur Oak Avenue, Markham is currently for sale and has been available on SousaSells for 486 days. This property is listed at $589,900 with an estimated mortgage of $1,964* per month. It has 2 beds, 2 bathrooms, 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.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 540 Bur Oak Avenue 332, Markham, ON L6C 0Y2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Markham, ON
For a property listed at $589,900 in Markham, the legal minimum down payment is $33,990 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 $8,273 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 $8,273.
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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.