Maintenance Fees
Essential Condos vs The Berczy Village Area
332 - 540 Bur Oak Ave
$589,9001 bd2 ba1 pk600 - 699 sqft
For SaleEssential Condos
19 Days on Strata
$589,900
Price Increase: $499,900
Price Increase: $499,900
1 Bed + 1
2 Bath
1 Parking
600 - 699 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$464/mth
Taxes:
$2,179 (2024)
Cost Per Sqft:
$844 - $983/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
East
Possession Date:
To Be Determined
Amenities
BBQs Allowed
Rec Room
Indoor Parking
Guest Suites
Concierge
Games Room
Bike Storage
Sauna
Party Room
Media Room
Rooftop Deck
Gym Room
Visitor Parking
About this Listing
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!
ExtrasStainless steel: 1 Fridge, 1 Range, & 1 Dishwasher. Stacked Washer & Dryer. All existing light fixtures and window coverings. 1 parking and 1 locker included.
re/max real estate solutionsMLS® #N12030088
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Heat Pump
Room dimensions are not available for this listing.
Buyer's Market
Balanced
Seller's Market
Similar Listings
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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!'
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
Household Income
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%
Building Trends At Essential Condos
Days on Strata
Units at Essential Condos spend an average of
29
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire list price
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Berczy Village
Turnover of Units
On average, each unit is owned for
6
YEARS before being sold againProperty Value
-9%
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
13
Units were Sold over the past twelve months
Rented Units
16
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
?
Market Insights
Transaction Insights at Essential Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | No Data | $560,000 - $605,000 | $680,000 | $660,000 - $695,000 |
| Avg. Cost Per Sqft | No Data | $894 | $727 | $694 |
| Price Range | $2,200 | $2,400 - $2,650 | No Data | $3,000 - $3,100 |
| Avg. Wait for Unit Availability | 227 Days | 50 Days | 420 Days | 107 Days |
| Avg. Wait for Unit Availability | 145 Days | 29 Days | 245 Days | 60 Days |
| Ratio of Units in Building | 11% | 53% | 8% | 30% |
Market Inventory
Total number of units listed and sold in Berczy Village
