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Gallery Square Condos Condos in Markham

38 Simcoe Promenade, Markham

Total Units

3

For Sale

0

For Rent

12

Sold

91

Leased

$1.1M

Avg Price

31

Days (Sale)

21

Days (Lease)

OQ

OVAIS QASSIM

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Property Type:
Condo
Number of Units:
Condo Demand:
High
Unit Availability:
Low
Number of Storeys:
Condo Completion:
Unit Size Range:
600 - 2,249 SQFT
Property Management:
REM Facilities Management Inc.

Market Overview

For-Sale Inventory

Highest Sale (12mo)

$755K

Lowest Sale (12mo)

$517K

Median Maintenance

$502/mo

Year Built

Gallery Square Condos Market

Updated Aug 19, 2026
Condos
Median sale price
$612K
Median PSF (est.)
$767/sqft
Sold last 90 days
3
Active listings
2
Months of inventory
–
Avg days on market
42
Sale-to-list ratio
104.67%
Absorption rate
0.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 66.67% · End-user: 33.33% (from 3 sales, 6 leases)
Price reductions (90d)
Price-reduction rate: 0.00%
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $767 — -0.49% vs community avg ($771)[at_par]
Supply vs demand by unit type (90d)
Sample: 2 active listings · 3 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 0 sold · mismatch +0.00%
2br: 1 active / 2 sold · mismatch -16.67%
3br: 1 active / 1 sold · mismatch +16.67%
Concession pattern by unit type (90d)
2br (7 sales) — 57.14% closed with concessions, avg 4.69% below ask
3br (5 sales) — 40.00% closed with concessions, avg 2.86% below ask
Seasonality (annual pattern)
Historically strongest months: Aug, Dec, Nov
Historically weakest months: Jul, Jun, Feb
Annual averages: DOM 30.5d · sale-to-list 104.67% (n=12)
Monthly detail
Jan · 2 sales · DOM 29.0d · STL 102.54%
Feb · 2 sales · DOM 52.0d · STL 93.04%
Jun · 2 sales · DOM 46.0d · STL 97.58%
Jul · 1 sales · DOM 35.0d · STL 94.99%
Aug · 1 sales · DOM 4.0d · STL 110.52%
Oct · 1 sales · DOM 27.0d · STL 105.01%
Nov · 2 sales · DOM 18.5d · STL 127.10%
Dec · 1 sales · DOM 9.0d · STL 105.02%

Market Intelligence

Price per sqft analysis and trends

Gallery Square Condos

Sale PSF

N/A

Lease PSF

N/A

Unionville

Sale PSF

$750/sqft

18 sales

Lease PSF

$3.10/sqft/mo

6 leases

Markham

Sale PSF

$636/sqft

70 sales

Lease PSF

$3.08/sqft/mo

9 leases

York

Sale PSF

$627/sqft

207 sales

Lease PSF

$3.12/sqft/mo

1 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
Gallery Square CondosThis Building
——/mo——
Unionville
7503.10/mo186
Markham
6363.08/mo709
York
6273.12/mo2071

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingcommunity

Purchase

N/A

Monthly Lease

$57.33/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

BBQs Allowed
Bike Storage
Concierge
Elevator
Exercise Room
Game Room
Guest Suites
Gym
Indoor Pool
Media Room
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Tennis Court
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCommon ElementsHeatNoneParkingWater

Building Reviews

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About Gallery Square Condos Condos

Gallery Square Condos is a premier condominium located at 38 Simcoe Promenade, Markham. offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 106 units available at Gallery Square Condos, with prices averaging around $1108K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

Gallery Square Condos stands out in Markham's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

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 and market analysis.

Explore more real estate in the wider area: Unionville, Markham and the York area.

Units for Sale at Gallery Square Condos

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