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Unit 506 at Gallery Square Condos

Sold

38 Simcoe Promenade 506, Markham, ON L6G 0H7

MLS #N10352520

$695,000

Sold on January 22, 2025

January 22, 2025

Originally listed at $699,900 40 days on market

About This Property

Brand New - Never Lived In 2 Bedrooms Plus Den Unit With 2 Baths (1-5 Pc. & 1 3-Pc) -Apprx 900 S.F. As Per Builder's Plan. Practical & Open Concept Layout! Laminated Flooring Thru Out! Open Gourmet Kitchen W/Built In Appliances. Open Balcony. York Transit @Doorstep. 24 Hrs. Concierge. Steps To Civic Centre, Supermarket, Restaurants, Top Ranking Schools & Much More ....Mins To 404, 407 & Go Trains. Please See Floor Plan In Attachment.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($608/mo) and property tax ($4,102/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$814/sqft
Unionville
$750/sqft+8.5%
Markham
$636/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 860 sqft.

Property Details

Bedrooms

3

Bathrooms

2

Square Feet

860 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
MLS Size800-899
Listed OnOct 31, 2024
Maintenance Fees$608/month
Property Tax$4,102/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Flat)5.09 x 4.2716.7 x 14.0-
Dining Room(Flat)5.09 x 4.2716.7 x 14.0-
Kitchen(Flat)5.09 x 4.2716.7 x 14.0-
Primary Bedroom(Flat)3.82 x 2.9112.5 x 9.5-
Bedroom 2(Flat)3.11 x 2.6710.2 x 8.8-
Den(Flat)2.88 x 1.789.4 x 5.8-
Foyer(Flat)2.86 x 1.179.4 x 3.8-

Room Dimensions Available

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Price History

Original List Price

$699,900

Listed on Oct 31, 2024

Sold Price

$695,000

Sold on Jan 22, 2025

-$4,900

-0.7%

40 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameGallery Square Condos
Address38 Simcoe Promenade, Markham
Parking TypeUnderground

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About Unit 506 at Gallery Square Condos

Unit 506 is a residential condo & other with 3 bedrooms, 2 bathrooms spanning approximately 800-899 square feet located at Gallery Square Condos, 38 Simcoe Promenade, Markham. This unit is currently sold (sold for $695K).

About Gallery Square Condos

Gallery Square Condos is located at 38 Simcoe Promenade, Markham. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Unionville Neighbourhood

This unit is located in Unionville, part of Markham in the York area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Gallery Square Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 506 Gallery Square Condos Markham

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