540 - 540 Bur Oak Ave
For SaleEssential CondosEst Sell Timeframe 13 Days
$580,000
Price Cut: $609,900
1 Bed + 1
1 Bath
2 Parking
624 SQFT
55 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$526/mth
Taxes:
$2,286 (2024)
Cost Per Sqft:
$929/sqft
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
East
Possession Date:
Immediately
Laundry:
Ensuite
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
Prim Bdrm
Laminate, Walk-in Closet, Large Window
11.45 x 9.71ft
Den
Laminate
6.63 x 7.74ft
Living
Combined with Dining, Laminate, Walkout To Balcony
11.06 x 13.19ft
About this Listing
Rare and spacious 1+Den layout with 2 parking spots and 1 locker in the sought after Berczy community! Den can be used as a 2nd bedroom or as an office. Open layout with walkout to the balcony. Upgraded fridge and rangehood! Located centrally amongst top ranking schools, grocery, shopping mall, walk-in clinic, GO Station and highway. Tons of amenities including a breath taking rooftop terrace and even a golf simulator!
century 21 atria realty inc.MLS® #N9300586
Amenities
Media Room
Indoor Parking
Bike Storage
Games Room
BBQs Allowed
Gym 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
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%
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
20
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the 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
5.7
YEARS before being sold againProperty Value
-2%
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
9
Units were Sold over the past twelve months
Rented Units
19
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 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% |
Transactions vs Inventory
Total number of units listed and sold in Berczy Village
