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Property Description
One bedroom plus den, open concept in an excellent cared building. Near schools, shopping, parks and transit. Great building amenities include gym, party room, barbeque, rooftop terrace & more. Ensuite laundry.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-28 | 2024-10-03 | 36 | $578,800 | - | Terminated |
| 2023-10-26 | 2024-01-31 | 98 | $569,888 | $563,000 | Sold |
| 2023-09-01 | 2023-10-25 | 54 | $598,888 | - | Terminated |
Extras
Stainless Steel Fridge, Stove, washer, dryer and all electric light fixtures. Parking
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,140 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 11.42' x 13.19' | Combined W/Dining, W/O To Balcony, Laminate |
| Dining | Flat | 11.42' x 13.19' | Combined W/Living, Open Concept |
| Kitchen | Flat | 8.79' x 9.61' | Combined W/Living, Stainless Steel Appl |
| Prim Bdrm | Flat | 9.88' x 11.58' | Broadloom, Window |
| Den | Flat | 7.58' x 8.40' |
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Markham Market Statistics
Markham Price Trend
540 Bur Oak Ave 340 is a 1-bedroom 1-bathroom condo listed for sale at $588,000, which is $3,918 (0.7%) lower than the average sold price of $591,918 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Markham declined by $20,941 (3.4%) compared to the previous 30 day period (September 1 - September 30) and down $35,046 (5.6%) from the same time one year ago.Inventory Change
There were 88 1-bedroom condos listed in Markham over the last 30 days (October 1 - October 30), which is down 3.3% compared with the previous 30 day period (September 1 - September 30) and up 17.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Markham typically sold $785 (0.1%) above asking price over the last 30 days (October 1 - October 30), which represents a $10,898 increase compared to the previous 30 day period (September 1 - September 30) and ($11,103) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Markham over the last 30 days (October 1 - October 30) stood at 48.9%, up from 33.0% over the previous 30 days (September 1 - September 30) and up from 37.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Markham stood at 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 38 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty
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