C503-38 Simcoe Promenade, Markham, ON
Unionville, Markham · MLS® N13812650
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About this home
In short
- Welcome To This Bright And Spacious Corner Suite In A Modern Building Completed In 2023, Ideally Located In The Heart Of Downtown Markham.
- Of Interior Living Space Plus A Private Balcony, This Well-Designed 2+1 Bedroom, 2-Bathroom Residence Features 9-Ft Ceilings And Includes One Parking Space And One...
- The Open-Concept Living And Dining Area Is Surrounded By Floor-To-Ceiling Windows, Creating A Bright And Airy Atmosphere With Plenty Of Natural Light.
- Enjoy 24-Hour Concierge, Fitness Centre, Media Room, Party Lounge And Visitor Parking.
- Steps To Unionville GO Station, Viva Transit, York University Markham Campus, Cineplex VIP, T&T Supermarket, Restaurants, Shops And Everyday Conveniences.
Welcome To This Bright And Spacious Corner Suite In A Modern Building Completed In 2023, Ideally Located In The Heart Of Downtown Markham! Offering 943 Sq. Ft. Of Interior Living Space Plus A Private Balcony, This Well-Designed 2+1 Bedroom, 2-Bathroom Residence Features 9-Ft Ceilings And Includes One Parking Space And One Locker. The Open-Concept Living And Dining Area Is Surrounded By Floor-To-Ceiling Windows, Creating A Bright And Airy Atmosphere With Plenty Of Natural Light. The Contemporary Kitchen Features Built-In Appliances, Modern Cabinetry, Generous Counter Space And Ample Storage. A Separate Den Offers Excellent Flexibility As A Home Office, Study Area Or Potential Third Bedroom. The Spacious Primary Bedroom Features A Large Closet And Private Ensuite, While The Second Bedroom Is Ideal For Family Or Guests. Enjoy 24-Hour Concierge, Fitness Centre, Media Room, Party Lounge And Visitor Parking. Steps To Unionville GO Station, Viva Transit, York University Markham Campus, Cineplex VIP, T&T Supermarket, Restaurants, Shops And Everyday Conveniences. Minutes To Highways 404 And 407. Zoned For Top-Ranked Unionville High School (#21/744) And St. Augustine Catholic High School (#1/747). An Exceptional Opportunity For End Users Or Investors To Own A Move-In-Ready Suite In One Of Markham's Most Vibrant Communities!
Key facts
- Property type
- Condo Apartment, Other
- MLS®
- N13812650
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 900-999 sq ft
- Cross streets
- Birchmount / Enterprise
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Other
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $670/mo
- Exposure
- North East
- Property tax
- $3,897 / 2026
- Days on market
- 27
- Listing brokerage
- RE/MAX REALTRON WENDY ZHENG REALTY
Rooms
laminate · combined w/living · b/i appliances
laminate · combined w/kitchen · w/o to balcony
laminate · double closet · 4 pc ensuite
laminate · above grade window · 3 pc bath
laminate · separate room · led lighting
laminate · open concept
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Unionville, Markham, ON
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Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $559,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,092
- Property tax
- $325
- Condo / maintenance fees
- $670
- Heating
- $0
- Estimated monthly cost
- $4,087
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,455
- Estimated closing costs
- $10,455
Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $185,515
- Principal paid down
- $68,324
- Interest paid
- $117,191
- Balance remaining
- $490,876
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON WENDY ZHENG REALTY. MLS®/PropTx.