540 Bur Oak Avenue, Markham, ON

$479,999
MLS#:N13217374
2 beds
2 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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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 $479,999 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: Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter
  • equipped with central air central cooling and highly efficient heat pump heating via other

Description

Sophisticated Living in Markham's Prestigious Berczy Community. Experience refined condominium living at The Essential, an elegant mid-rise residence by Emery Homes, built in 2016 and ideally located in the heart of Markham's sought-after Berczy neighbourhood. This beautifully updated 1-bedroom plus den suite offers approximately 649 sq. ft. of thoughtfully designed interior space, complemented by a private 49 sq. ft. west-facing balcony showcasing panoramic skyline views and spectacular sunsets. Recently painted and enhanced with upgraded door hardware, this move-in-ready home offers stylish, turnkey living. The open-concept living and dining area is bright and inviting, designed for both everyday comfort and sophisticated entertaining. The modern kitchen integrates seamlessly into the space, while the spacious primary bedroom features a private ensuite and generous double closets. A versatile den offers flexibility for a home office, guest room, or nursery, while the second full bathroom adds exceptional convenience. A large walk-in laundry room provides rare additional storage, while one owned parking space and private locker further enhance practicality. Residents enjoy premium amenities including concierge service, rooftop terrace, party room, guest suites, sauna, media room, visitor parking, and comprehensive security. Perfectly positioned near top-ranked schools, parks, shopping, dining, and transit, this exceptional residence offers professionals, first-time buyers, downsizers, and investors an elevated lifestyle defined by comfort, sophistication, and convenience.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 10, 2026
Sold price information is available to members only
Listed Date5/29/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyYork
Annual Tax$2,341.94

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceOther
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Interior Features

Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Water Meter, Carpet Free

Security Features

Concierge/Security, Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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540 Bur Oak Avenue, Markham, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 540 Bur Oak Avenue 520, Markham, ON L6C 0Y2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

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Interest Rate5.25%
Down Payment$24,000 (5.0%)
* Minimum Canadian down payment required for this price is $24,000.
Amortization Period25 Years
Estimated Monthly Payment$2,717Based on a loan of $455,999 over 25 years.
Purchase Price$479,999
Loan Amount$455,999
Provincial Land Transfer Tax:$6,075
Total Estimated Closing Taxes:$6,075

About Purchasing a Home in Markham, ON

For a property listed at $479,999 in Markham, the legal minimum down payment is $24,000 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 $6,075 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 $6,075.

Nearby Listings

Distance:

No current listings found in Markham.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Berczy, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,269,403

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Local Schools Guide

Elementary Schools

Stonebridge
PublicStonebridge Drive, Markham, Ontario, L6C 2Z8
9.1
Beckett Farm
Public78 Beckett Avenue, Unionville, Markham, Ontario, L6C 0T3
8.1
Central Park
PublicCentral Park Drive, Unionville, Markham, Ontario, L3P 7G2
9.0
Fred Varley
Public81 Alexander Lawrie Avenue, Markham, Ontario, L6E 0J8
7.6
San Lorenzo Ruiz
Public840 Bur Oak Avenue, Markham, Ontario, L6E 0E1
8.5

Secondary Schools

Pierre Elliott Trudeau
Public90 Bur Oak Avenue, Markham, Ontario, L6C 2E6
9.5
Markville
Public1000 Carlton Road, Unionville, Markham, Ontario, L3P 7P5
9.0
Bur Oak
Public933 Bur Oak Avenue, Markham, Ontario, L6E 1G4
8.9
St. Brother André
Catholic6160 16th Avenue, Markham, Ontario, L3P 3K8
7.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.