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    Markham / Berczy Village

    302 - 540 Bur Oak Ave

    For SaleEssential Condos
    $588,000
    1 Bed
    2 Bath
    1 Parking
    659 SQFT
    11 Days on Strata
    Est Sell Timeframe
    26 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $445/mth
    Taxes:
    $2,197 (2024)
    Cost Per Sqft:
    $892/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    March 2, 2025
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    12.07 x 11.91ft
    Dining
    Open Concept, Combined with Living, Laminate
    12.07 x 12.07ft
    Kitchen
    Stainless Steel Appliances, Backsplash, Quartz Counter
    9.68 x 10.34ft

    About this Listing

    Welcome To An Opportunity Of Homeownership! Open Concept Functional Layout High Ceiling (9 Ft.). Spacious 1 Bedroom + Den Unit. Carpet Free. The Den Can Be Used As A Second Bedroom And Has Direct Access To The Washroom. Living & Dining Space Walks Out To An Oversized Balcony, Perfect For Entertaining. Top School Zone Stonebridge PS, Pierre Elliot Trudeau HS, Steps To Schools, Parks, Restaurants, Grocery, Markville Mall, Go Train, Yrt. Pictures are from the previous listings.

    ExtrasS/S Fridge, S/S Stove, S/S Dishwasher, S/S Over Range Microwave, Washer, Drier, Electric Light Fixtures.

    zolo realtyMLS® #N11903575

    Amenities

    Party Room
    Bike Storage
    Rec Room
    Visitor Parking
    Indoor Parking
    Media Room

    Explore Neighbourhood

    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    4/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    13,051
    Average Individual Income
    $82,194
    Average Household Size
    2 persons
    Average Age
    37
    Average Household Income
    $153,502
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    19%
    20 - 34
    19%
    35 - 49
    22%
    50 - 64
    23%
    65+
    14%
    Household Income
    $0 - $30,000
    40%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    10%
    $125,000+
    8%
    Housing Types & Tenancy
    Detached
    76%
    Semi Detached
    13%
    Low Rise Apartment
    7%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    90%
    Other
    8%
    Mandarin
    1%
    Punjabi
    1%
    Education
    High School
    29%
    University and Above
    25%
    College
    21%
    None
    14%
    Apprenticeship
    5%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    19%
    Social Sciences
    14%
    Health & Related Fields
    10%
    Humanities
    6%
    Education
    6%
    Personal, Protective & Transportation Services
    5%
    Math & Computer Sciences
    4%
    Visual & Performing Arts
    4%
    Physical Sciences
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Essential Condos vs The Berczy Village Area

    Building Trends At Essential Condos

    Days on Strata

    Units at Essential Condos spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Berczy Village

    Turnover of Units

    On average, each unit is owned for
    5.7
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 2 condos in the Berczy Village area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    17
    Units were Rented over the past twelve months

    Best Value Rank

    Essential Condos offers the
    ?
    best value out of 2 condos in the Berczy Village neighbourhood

    Appreciation Rank

    Essential Condos has the
    ?
    highest ROI out of 2 condos in the Berczy Village neighbourhood

    Rental Yield

    Essential Condos yields the
    ?
    highest rent prices out of 2 condos in the Berczy Village neighbourhood

    High Demand

    Essential Condos is the
    ?
    most popular building out of 2 condos in the Berczy Village neighbourhood

    Transaction Insights at 540 Bur Oak Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$569,000 - $605,000$680,000$660,000 - $740,000
    Avg. Cost Per SqftNo Data$915$727$780
    Avg. Wait for Unit Availability227 Days49 Days420 Days113 Days
    Ratio of Units in Building11%53%8%30%

    Transactions vs Inventory

    Total number of units listed and sold in Berczy Village