38 Simcoe Promenade 411
Unionville, Markham, L6G 1B3
FOR SALE
$729,000
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Property Description
Introducing a stunning, newly constructed condo unit in Gallery Square, featuring contemporary design and exceptional amenities. This modern residence boasts 2 spacious bedroom plus 2 stylish bathrooms, 1 designated parking space, and 1 storage locker. Enjoy breathtaking views from the open-concept living area, which seamlessly connects to a sunlit balcony. The kitchen, equipped with a sleek quartz countertop island, is perfect for both everyday meals and entertaining. The den offers flexible use, easily serving as a second bedroom. The primary bedroom includes a built-in closet and direct balcony access, complemented by a luxurious 4-piece ensuite. Conveniently situated, this condo is within walking distance to Markham VIP Cineplex, diverse dining options, grocery stores, supermarkets, and various shops. It is also just minutes from Go Transit, the YMCA, York University, First Markham Place, highly-rated schools, and major highways 404 and 407.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-12-02 | 2024-12-13 | 11 | $699,000 | - | Terminated |
| 2024-10-09 | 2024-11-19 | 41 | $799,990 | - | Terminated |
| 2024-09-26 | 2024-10-09 | 13 | $699,000 | - | Terminated |
Nearby Intersections
Birchmount & Highway 7 (135)
Warden & Highway 7 (133)
Property Features
Park, Place Of Worship, Public Transit, Ravine, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (p2)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.97' x 21.00' | W/O To Balcony, Combined W/Kitchen, Hardwood Floor |
| Kitchen | Main | 9.97' x 21.00' | Combined W/Living, B/I Appliances |
| Prim Bdrm | Main | 8.99' x 10.99' | B/I Closet, 4 Pc Ensuite, Balcony |
| 2nd Br | Main | 7.97' x 9.97' | Hardwood Floor, Closet |
| Bathroom | Main | 7.87' x 9.84' | 4 Pc Bath |
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Markham Market Statistics
Markham Price Trend
38 Simcoe Promenade 411 is a 2-bedroom 2-bathroom condo listed for sale at $729,000, which is $39,935 (5.2%) lower than the average sold price of $768,935 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 2 bedroom condo in Markham declined by $53,473 (6.5%) compared to the previous 30 day period (October 18 - November 16) and up $28,892 (3.9%) from the same time one year ago.Inventory Change
There were 48 2-bedroom condos listed in Markham over the last 30 days (November 17 - December 16), which is down 43.5% compared with the previous 30 day period (October 18 - November 16) and up 11.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Markham typically sold $1,468 (0.2%) above asking price over the last 30 days (November 17 - December 16), which represents a $21,293 increase compared to the previous 30 day period (October 18 - November 16) and $4,271 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Markham over the last 30 days (November 17 - December 16) stood at 64.6%, up from 21.2% over the previous 30 days (October 18 - November 16) and up from 53.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Markham stood at 23 days when successfully sold over the last 30 days (November 17 - December 16), compared to 51 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Excel Titan
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