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$738K · 2+1 bed Condo Apartment · Unit C503, 38 Simcoe Promenade, Markham, Ontario L6G 0H7 | HomeSearchCanada

$738,000

Unit C503

73 DOM

2+1273d

DOM 73

$738,000

DOM73days

Unit C503

38 Simcoe Promenade · Markham · Ontario L6G 0H7

MLS® N13486934 · Unionville · L6G 0H7

2+12Vacant900-999 ft²Condo ApartmentNoneNo basement73d$777/ft²$3,897 tax/yrNo basement

73 days on market

About this home

Experience contemporary living in the heart of downtown Markham. Spacious And Well-Maintained 2+1 Bedroom Condo With OneParking Space. Offering Approximately 943 Sqft Of Interior Living Space Plus A Private Balcony.Bright And Functional Open-Concept Layout Featuring Floor-To-Ceiling Windows That Fill TheSpace With Abundant Natural Light. Modern Kitchen With Contemporary Cabinetry, Quality Built-InAppliances, Ample Counter Space And Plenty Of Storage. Generous Living And Dining Area PerfectFor Bo…

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Property details

MLS#: N13486934
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2+1
Baths: 2 full, 0 half
Rooms: 5 + 1
Kitchens: 1
Size: 900-999Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Other
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Vacant
Washrooms: 3 pc · Flat; 4 pc · Flat
Family room: No
Central vacuum: No
Ensuite laundry: No

Condo corp #: 1548
Balcony: Terrace
Locker: Owned
Fees include: None
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 1 total
Heating: Other
Heating fuel: Other
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Birchmount / Enterprise
Stories: 5
Utilities: —
Laundry: Ensuite
Interior: Built-In Oven, Carpet Free
Parking features: Underground

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: RE/MAX REALTRON REALTY INC.

Source: TRREB/PROPTX · MLS® N13486934

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$738K

Unit C503 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $738,000✓ $3,897 tax✓ Other✓ 900-999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,234/mo

incl. closing costs (yr 1)

Annual total

$74,811

year 1

Mortgage only

$2,800/mo

principal + interest

Beyond mortgage

$2,040/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$147,600

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$325/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~950 ft² · ON avg ~$75/mo · assumes gas heat

Other$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$7,380/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$56/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$11,235

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)45% $33,597/yr

Property taxes20% $15,132/yr

Utilities5% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $7,380/yr

Condo fees11% $8,042/yr

Closing costs7% $5,100/yr

Mortgage is 45% of your true cost of ownership. The other 55% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$33,597	$2,800/mo
Government & taxes
Property tax	$3,897	$325/mo
Land transfer tax(closing)	$11,235	$936/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Other	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$7,380	$615/mo
Condo fees
Condo / HOA fees	$8,042	$670/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$74,811	$6,234/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit C503

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs