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For SaleCondo Apt · ApartmentMLS® #N13801284 · TRREB MLS®

311-38 Simcoe Promenade, Markham, Ontario

Unionville, Markham, Ontario L6G 0H7

Bedrooms
2
Bathrooms
2
Type
Condo Apt
Basement
None

$499,000

Estimated market value

About 311-38 Simcoe Promenade

311-38 Simcoe Promenade is a 2-bedroom, 2-bathroom condo in Unionville, Markham, listed for sale at an asking price of $499,000 (MLS® N13801284).

715 sq. ft, private EV Charger, 2 spacious bedrooms, 2 stylish bathrooms, Includes 1 underground parking space with an EV charging upgrade, and 1 storage locker. 2 minutes driving to York University Markham Camp; Enjoy unobstructed views from the spacious open concept living and dining area, seamlessly extending onto a sun filled private balcony. The contemporary kitchen boasts a stylish quartz waterfall island, making it the perfect space for both everyday living and entertaining guests. Ideally situated in the heart of Downtown Markham, you're just steps to VIP Cineplex, restaurants, cafes, grocery stores, shops, and everyday amenities. Minutes to GO Transit, the YMCA, York University Markham Campus, First Markham Place, top rated schools, and Highways 404 & 407, this exceptional condo offers an unbeatable lifestyle in one of Markham's most desirable communities.

Insights

  • Condition Score

    Fair
    66out of 100

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    42out of 100

    −$552/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 56 condos with 2 bedrooms for lease in Unionville right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$2,976 / 2026
MLS® number
N13801284
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
0-5
Days on market
Size
700-799 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: SUNSHINE REALTY BROKERAGE INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 311-38 Simcoe Promenade, Markham, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Dates and closing prices are shown to signed-in members.

Date StartDate EndList PricePriceEventListing ID
Date Start——$499,000—For SaleN13801284

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Unionville
Municipality
Markham

Building

Size
700-799 sqft
Building Age
0-5
Construction
Brick

Inside

Bedrooms
2
Bathrooms
2
Bathroom Details
1 × 3pc Main, 1 × 4pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
EV charger, Fridge, Stove, Washer and Dryer, Elf and Window cover
Condo maint.
$527

Rooms

RoomSizeFeaturesLevel
Living3.04 × 6.4 mW/O To Balcony, Combined W/Kitchen, hardwood floorMain
Kitchen3.04 × 6.4 mCombined W/Living, B/I AppliancesMain
Primary2.74 × 3.35 mB/I Closet, 4 Pc Ensuite, BalconyMain
2nd Br2.43 × 3.04 mhardwood floor, ClosetMain
Bathroom2.4 × 3.0 m4 Pc BathMain

Map and tour

Condos for sale in Unionville right now

For sale now
135
Median asking price
$608K

Middle half: $522K to $720K

This home is asking 18% below the median, lower than three quarters of them.

See all homes in Unionville

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Land transfer tax on this home

Ontario land transfer tax
$6,455
Total land transfer tax
$6,455
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$2,455
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $499,000
$1,980
Ontario total
$6,455

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St John XXIII Catholic Elementary SchoolYork CDSBCatholic · grades JK–8 · French Immersion1.6 km79%Grade 6 average
Parkview Public SchoolYork Region DSBPublic · grades JK–82 km87%Grade 6 average
Coledale Public SchoolYork Region DSBPublic · grades JK–82.2 km88%Grade 6 average
ÉÉC Sainte-Marguerite-Bourgeoys-MarkhamConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–83.2 km95%Grade 3 average
SecondaryTypeDistanceGrade 9 math 2024–25
Unionville High SchoolYork Region DSBPublic · grades 9–121.4 km88%Grade 9 math
Bill Crothers Secondary SchoolYork Region DSBPublic · grades 9–121.4 km79%Grade 9 math
Father Michael McGivney Catholic High SchoolYork CDSBCatholic · grades 9–123.6 km82%Grade 9 math
École secondaire Norval-MorrisseauConseil scolaire ViamondeFrench-language public · grades 9–129.9 km90%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
Enterprise Blvd / Andre De Grasse StYRT bus rapid transit: Viva Purple150 m
Enterprise Blvd / Warden AvYRT bus rapid transit: Viva Purple650 m
Unionville GOGO Transit train: Stouffville750 m
Highway 7 / Village PkwyYRT bus rapid transit: Viva Purple800 m
Cedarland Dr / Warden AvYRT bus rapid transit: Viva Purple850 m

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $99,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$99,800
Total mortgage amount
$399,200
Total interest payment
$283,900
Total purchase cost
$782,900
Mortgage payment
$2,277/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

39%

Monthly carrying cost

$3,052
−$552per month
  • Rent $2,500
  • Shortfall $552

Rental income opens at $2,500, the median asking rent of 56 comparable homes for lease in Unionville. Type over it with the rent you expect. This is a planning tool, not advice.

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