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Unit 516C at Gallery Square Condos

Sold

38 Simcoe Promenade 516C, Markham, ON L6G 0H7

MLS #N12254615

$552,500

Sold on August 27, 2025

August 27, 2025

Originally listed at $499,900 4 days on market

About This Property

Brand new luxury condo at Gallery Square! This beautiful 1+1 unit features 2 full bathrooms and a spacious den, ideal for use as a second bedroom or home office. Enjoy a bright, open-concept layout with modern finishes and a large private balcony perfect for outdoor relaxation. Located in a highly sought-after area, you're just steps away from York Transit, Markham Civic Centre, top-ranked schools, restaurants, and supermarkets. The building offers 24-hour concierge service for added convenience and security. Commuting is easy with quick access to Highways 404 & 407, GO Transit, and Viva buses. Whether you're a first-time buyer, downsizer, or investor, this unit offers the perfect blend of luxury, comfort, and accessibility. Don't miss out on this amazing opportunity to live in one of Markham's most vibrant communities. Book your showing today!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($465/mo) and property tax ($1,245/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$769/sqft
Unionville
$750/sqft+2.5%
Markham
$636/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 650 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

600-699 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-1548
MLS Size600-699
Listed OnJun 30, 2025
Maintenance Fees$465/month
Property Tax$1,245/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)6.09 x 3.6520.0 x 12.0-
Primary Bedroom(Main)3.07 x 3.0710.1 x 10.1-
Den(Main)2.19 x 2.47.2 x 7.9-

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Unit 516C History

Complete transaction history for this unit

Terminated

Listed: Jun 9, 2025

$599,900

• 21 days on market• Sale
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3 More Transactions Available

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Transaction History Available

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Price History

Original List Price

$499,900

Listed on Jun 30, 2025

Sold Price

$552,500

Sold on Aug 27, 2025

+$52,600

10.5%

4 days on market

Price History Available

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Similar Sold Units in This Building

Showing 4 of 6
Unit C914 - Photo 1
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1 parking|1 locker

Unit C914

38 Simcoe Promenade N/A C914, Markham, ON L6G 0H7

Residential Condo & Other|$465 fees|$3126 tax

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Unit C410 - Photo 1
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$611,888

2bed|2bath|798sqft
1 parking|1 locker

Unit C410

38 Simcoe Promenade N/A C410, Markham, ON L6G 1B3

Residential Condo & Other|$527 fees|$2976 tax

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Unit C802 - Photo 1
Sold

$530,000

2bed|2bath|600-699sqft
1 parking|1 locker

Unit C802

38 Simcoe Promenade C802, Markham, ON L6G 0H7

Residential Condo & Other|$477 fees|$2543 tax

MLS #N12479750

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Unit 405 - Photo 1
Sold

$525,000

2bed|2bath|600-699sqft
1 parking|1 locker

Unit 405

38 Simcoe Promenade W 405, Markham, ON L6G 0H7

Residential Condo & Other|$465 fees|$2590 tax

MLS #N12514924

View complete sale history and details

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

yourcondorealtor@gmail.com+1416-224-2166View My Portfolio
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Building Information

Building NameGallery Square Condos
Address38 Simcoe Promenade, Markham
Parking TypeUnderground

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About Unit 516C at Gallery Square Condos

Unit 516C is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 600-699 square feet located at Gallery Square Condos, 38 Simcoe Promenade, Markham. This unit is currently sold (sold for $553K).

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 516C Gallery Square Condos Markham

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