$1,558,000

For sale

#902 38 Simcoe Promenade, Markham (Unionville) - Single Family for Sale

#902 38 Simcoe Promenade, Markham (Unionville), Ontario, L6G0H7

5 beds4 baths2 parking2,125 ft²$1,408/mo condo feeListed 50 days ago

Overview

This 5-bedroom, 4-bathroom condo in Markham is for sale offering roughly 2,125 sq ft of space. It has been on the market 50 days, fresher than the Markham average of 63 days.

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Description

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. (id:66096)

Property Details

MLS®: N13786504
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 4
Half Baths: 1
Parking: 2
Interior Size: 2,125 ft²
Style: Multi-level
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,408/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $8,116.22/yr

Rooms

Main level

Living room: 17.7 x 20.8 meters
Kitchen: 9.3 x 12.1 meters
Den: 8 x 7.5 meters

Upper Level

Primary Bedroom: 18.1 x 11.9 meters

Lower level

Primary Bedroom: 14.6 x 11.1 meters
Bedroom 3: 10.2 x 10.4 meters
Media: 7.1 x 8 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Oven - Built-In
Exterior: Concrete
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Markham (Unionville) listings, avg age

63d

Price / ft²

$733

List price

$1.56M

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 5-bed single family in Markham (Unionville) has been listed for 50 days, which is 13 days fresher than the city average of 63. Act while there is still low competition.

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Listed by AIMHOME REALTY INC. · NA QIU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6G)

This home lists at $1,558,000, about 25.5× the local median household income of $61,200.

Carrying it typically needs a household income of about $304,332 (20% down, 25-yr amortization, stress-tested) — roughly 397% above the area median.

Median household income: $61,200
Population: 8,364
Median age: 35.2
Owner / renter: 54% / 46%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA L6G)

$1,558,000· $733/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $311,600

Min 20%50%

Mortgage payment$6,644/mo

Property tax (est.)$676/mo

Condo fee$1,408/mo

Total monthly$8,729

Cash Needed to Close

Down payment (20%)$311,600

Land transfer tax$27,635

Est. closing costs$7,174

Total cash needed$346,409

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