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For SaleComm Element Condo · Multi-LevelMLS® #N13786504 · TRREB MLS®

902-38 Simcoe Promenade, Markham, Ontario

Unionville, Markham, Ontario L6G 0H7

Bedrooms
3+2
Bathrooms
4
Type
Comm Element Condo
Basement
None

$1,558,000

Estimated market value

About 902-38 Simcoe Promenade

902-38 Simcoe Promenade is a 3+2-bedroom, 4-bathroom condo in Unionville, Markham, listed for sale at an asking price of $1,558,000 (MLS® N13786504).

This luxury condominium is ideally located in Heart of Downtown Markham, just steps from the Markham VIP Cinemas. A truly rare three-levelpenthouse duplex offering over 2,000 sq. ft. of living space, featuring a modern glass staircase, an open-concept kitchen with contemporaryappliances, centre island, floor-to-ceiling windows, and a walk-out balcony. The primary bedroom on upper level retreat offers a privite walk-outto the terrace, double closets and luxurious 4pc ensite. Generously sized Den and Media room can be used as 4th and 5th bedroom. Enjoy anapproximately 300 sf. rooftop terrace, with unbeatable convenience to the cinema, highway407, whole food, LCBO, Go station, York Universityand other amenities. Including 24 hr Concierge, GYM, party room, game room, library room ,ets. Charging Lab charging station located at P2level with providing convenience for EV owners.

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
    10out of 100

    −$4,592/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 7 homes with 5 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
$8,116 / 2025
MLS® number
N13786504
Board
TRREB MLS®
Property Type
Comm Element Condo
Building Age
0-5
Days on market
Size
2000-2249 sqft
Listed on
Parking
2 Underground, 2 Parking
Listing brokerage: AIMHOME REALTY 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 902-38 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——$1,558,000—For SaleN13786504

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
Comm Element Condo
Style
Multi-Level
Community
Unionville
Municipality
Markham

Building

Size
2000-2249 sqft
Building Age
0-5
Construction
Concrete

Inside

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

Parking

Garage Type
Underground
Garage
2
Additional Parking
0
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Condo maint.
$1,408

Rooms

RoomSizeFeaturesLevel
Living20.8 × 17.7 mBalcony, Combined W/Dining, Bay WindowMain
Kitchen12.1 × 9.3 mW/O To Balcony, Open Concept, Stainless Steel ApplMain
Den7.5 × 8.0 mFrench Doors, Pot LightsMain
Primary11.9 × 18.1 mW/O To Terrace, 4 Pc Ensuite, Double ClosetUpper
Primary11.1 × 14.6 m4 Pc Ensuite, Double Closet, Bay WindowLower
3rd Br10.4 × 10.2 mBay Window, Closet, 4 Pc BathLower
Media/Ent8.0 × 7.1 mDouble DoorsLower

Map and tour

Land transfer tax on this home

Ontario land transfer tax
$27,635
Total land transfer tax
$27,635
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$23,635
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 $1,558,000
$23,160
Ontario total
$27,635

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% · $311,600

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
$311,600
Total mortgage amount
$1,246,400
Total interest payment
$886,000
Total purchase cost
$2,444,000
Mortgage payment
$7,108/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

72%

Monthly carrying cost

$9,192
−$4,592per month
  • Rent $4,600
  • Shortfall $4,592

Rental income opens at $4,600, the median asking rent of 7 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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