MLS® listing
38 Simcoe Promenade 902: home for sale
$1,558,000
From the listing brokerage
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.
Facts on the listing
| Square feet | 2000-2249 |
|---|---|
| Approximate age | 0-5 |
| Style | Multi-Level |
| Parking spaces | 2 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Monthly fee | $1,408 |
| Property tax | $8,116 |
| Tax year | 2025 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | West |
| Fee includes | Common Elements Included, Building Insurance Included, Water Included, Parking Included |
| Balcony | Terrace |
| Laundry | In-Suite Laundry |
| Interior features | Built-In Oven, Carpet Free |
| Floor | 9 |
Listing courtesy of AIMHOME REALTY INC.. MLS® N13786504.
About this home
38 Simcoe Promenade 902 is a 5 bedroom home in TRREB's Unionville community in Markham, listed for sale at $1,558,000. The listing shows 4 bathrooms and 2000-2249 square feet. It comes with 2 parking spaces and a locker (owned) according to the listing. The garage is listed as underground. The nearest main intersection given is Birthmount/Enterprise. The approximate age on the listing is 0-5 years.
These details come from the listing brokerage through TRREB's MLS® System and are not guaranteed. Measurements, parking and what is included should be checked at a showing, against the status certificate and in the agreement of purchase and sale.
What it costs to buy 38 Simcoe Promenade 902
At the asking price of $1,558,000, a buyer in Markham pays Ontario land transfer tax on closing. The City of Toronto is the Ontario municipality that charges a municipal land transfer tax of its own, so there is no second tax here.
| Asking price | $1,558,000 |
|---|---|
| Ontario land transfer tax | $27,635 |
| First-time buyer refund, if you qualify | up to $4,000 |
| Minimum down payment | $311,600 |
The down payment figure is the federal minimum: 20 percent of the price, which applies at $1.5 million or more. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The tax is worked out at the published rates for a home with one or two single family residences and your lawyer confirms the final amount. Legal fees, title insurance and adjustments are extra: our closing costs guide lists them. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $1,408 a month |
|---|---|
| Property tax (2025) | $8,116 a year, about $676 a month |
| Fee and tax together | about $2,084 a month |
The listing says the fee includes common elements, building insurance, water and parking. That is before a mortgage payment, home insurance and any utilities the fee does not cover. A condo corporation sets its fees in each year's budget, so the amount can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
What to check before you make an offer
- Order the status certificate. An Ontario condo corporation must give one within 10 days of receiving the request and the fee, which is capped at $100. It shows the common expenses for this unit, any arrears, the budget, the reserve fund and any legal actions. Our guide explains what a status certificate tells you.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 2 parking spaces and a locker (owned). Ask whether each is owned, exclusive use or rented. Get the unit numbers too.
- Get your financing in writing. A lender looks at the property tax and the monthly fee as well as the price.
- See it in person. photos do not show noise, light at different hours or the condition of the hallways and elevators.
Our page on buying a home in Markham sets out the steps in order. This is general information, not legal advice. Confirm the details with a lawyer.
About Unionville
A nineteenth century main street with a GO station at the end of it. Unionville is the neighbourhood most people picture when they picture Markham and its houses carry a premium to match.
Transit: Unionville GO on the Stouffville line, YRT and Viva routes on Highway 7
| Property type | Median | Sales and average |
|---|---|---|
| All property types | $736,500 | 110 sales, average $960,767 |
| Detached | About $1,654,000 | 26 sales, average about $1,689,000 |
| Freehold townhouse (TRREB att/row/townhouse) | About $1,464,000 | 6 sales, average about $1,437,000 |
| Condo townhouse | About $840,000 | 14 sales, average about $924,000 |
| Condo apartment | About $580,000 | 63 sales, average about $628,000 |
Figures from TRREB's community housing market report, as listed in our Unionville guide.
Questions about Unionville
Can you walk to the GO train from most of Unionville?
From the streets closest to Main Street and the Highway 7 corridor, yes. From the northern and eastern edges it is a short drive or a bus connection. Check the specific address before you count on walking.
What kind of homes are on Main Street itself?
Mostly nineteenth and early twentieth century houses, some converted to shops and restaurants. They rarely come up for sale, they often carry heritage considerations and they attract a very particular buyer.
Is Unionville a good place to buy a first home?
It can be, but usually as a condo or an older townhome rather than a house. If your budget is stretched, neighbouring Wismer or Greensborough will buy you more square footage for the same money.
How is parking and traffic around Main Street?
Main Street is busy on summer weekends and during festivals. Residents on the immediate side streets deal with overflow parking several times a year. It is a real trade-off and worth driving on a Saturday before you commit.
Does Unionville flood?
Parts of the area sit near the Rouge tributaries and Toogood Pond. Low lying lots and older basements deserve a close look. Ask for the insurance history and have the grading assessed.
Read the Unionville neighbourhood guide · All Unionville homes for sale
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Questions about 38 Simcoe Promenade 902
How much is land transfer tax on 38 Simcoe Promenade 902?
At the asking price of $1,558,000 the Ontario land transfer tax is $27,635. Markham has no municipal land transfer tax. A first-time buyer who qualifies can get up to $4,000 back. Confirm the final figure with your lawyer.
What is the minimum down payment for 38 Simcoe Promenade 902?
$311,600 at the asking price of $1,558,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 38 Simcoe Promenade 902?
The listing shows $1,408 a month, including common elements, building insurance, water and parking. Check the current fee in the status certificate.
How much is the property tax on 38 Simcoe Promenade 902?
The listing shows $8,116 a year for 2025, about $676 a month.
How do I book a showing for 38 Simcoe Promenade 902?
Use the form on this page or call us. Quote MLS® N13786504. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 38 Simcoe Promenade 902 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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