This property was sold on July 27, 2024. 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 front and concrete construction, this residence presents an exceptional opportunity offered at $619,000 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.
Spacious 1+den unit with 2 washrooms, den can be used as 2nd bedroom, affordable 2-bedroom alternative solution, unobstructed view, new laminate flooring, fresh paint, clean and mint condition, 1 parking 1 locker included, top ranking school zone, steps to supermarket, shopping plaza, walk-in clinic, restaurants, fitness centre, public transit, walk to schools, parks, close to Markville Shopping Centre, GO train station, quick access to HWY 407, don't miss it!
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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 730 days. This property is listed at $619,000 with an estimated mortgage of $2,060* 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.Public Transit, School
Carpet Free
Concierge/Security, Smoke Detector, Carbon Monoxide Detectors
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 540 Bur Oak Avenue 337, 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 $619,000 in Markham, the legal minimum down payment is $36,900 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 $8,855 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 $8,855.
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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.