540 Bur Oak Avenue, Unit 6, Markham, ON
Property no longer active
This property was sold on May 16, 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 brick construction, this residence presents an exceptional opportunity offered at $799,800 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 2.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
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!
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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 466 days. This property is listed at $799,800 with an estimated mortgage of $2,662* 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.Key Features
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 540 Bur Oak Avenue 707, 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 $799,800 in Markham, the legal minimum down payment is $54,980 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 $12,471 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 $12,471.
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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.