540 Bur Oak Avenue
Building Details
Listing History for Essential Condos
Amenities
Maintenance Fees
About 540 Bur Oak Avenue — Essential Condos
Located at 540 Bur Oak Avenue, Essential Condos is a 6-storey condo containing 168 units. These Markham condos for sale were completed in 2015 with units starting at 503 square feet, ranging up to 1134 square feet. What makes a Berczy Village condo for sale most appealing is all that the neighbourhood has to offer.
Maintenance fees are $0.73 per-square-foot, which is higher than the neighbourhood average of $0.73 per-square-foot.
The Suites
On average, units at 540 Bur Oak Avenue sell -1.00% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $917 and units sell with 20 days on market on average. Over the past 12 months, 9 have sold and 19 have have been rented here.
The Neighbourhood
Living here means you’re just a 4-minute walk from Tim Hortons, Babu Catering and Church's Chicken, making it easy to dazzle your taste buds without much effort.
Having Williamstown Park, Cobblehill Parkette and Glenhaven Pond and Valley within 8 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.
Enhance your personal style while living in the Berczy Village neighbourhood by visiting Berczy Village Shopping Centre and Bur Oak Plaza.
When the weekend rolls around, Sylvia Chan Art and Esperanto Gallery & Studios Inc. are within a short 4-minute drive away.
Essential Condos is a short drive away from Wismer Public School, giving you plenty of choice for your child’s education.
Transportation
Transit users will need to trek a bit to Mount Joy GO, the nearest light transit stop. Scarborough Centre isn’t within a close walking distance, but you can drive there in about 39 minutes.
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Price Cut: $29,900 (Oct 17)
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Essential Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 540 Bur Oak Avenue
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|
Price Range | No Data | $569,000 - $605,000 | No Data | $700,000 - $740,000 |
Avg. Cost Per Sqft | No Data | $918 | No Data | $830 |
Price Range | $2,150 - $2,200 | $2,400 - $2,650 | No Data | $3,100 - $3,150 |
Avg. Wait for Unit Availability | 227 Days | 48 Days | 347 Days | 106 Days |
Avg. Wait for Unit Availability | 145 Days | 28 Days | 245 Days | 59 Days |
Ratio of Units in Building | 11% | 53% | 8% | 30% |
Unit Sales vs Inventory
Total number of units listed and sold in Berczy Village