$599,000 - 18 Water Walk Drive Unit 2901, Markham
Condo for Sale in Markham
Neighbourhood: Unionville
- MLS Number
- N13412342
- Property Type
- Condo
- Status
- active
- Days on Site
- 30
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 ATRIA REALTY INC.
Welcome to Riverview - one of Markham's most prestigious addresses. Only 3 years old, Unit 2901sits high on the 29th floor with breathtaking east-facing views. Wake up to stunning sunrisesevery morning and let the natural light pour through your floor-to-ceiling windows all daylong.This beautifully designed 1-bedroom features 9-ft ceilings, built-in appliances, quartzcountertops, and modern finishes throughout. Maintenance fees include heat, AC, and internet -simple, predictable living. Includes parking and locker.The building amenities are second to none - 24-hr concierge, indoor pool, rooftop terrace withBBQ, fully equipped gym, game room, party room, pet spa, and a car wash station. This building truly thought of everything. Families will love the school options - Pierre Elliott Trudeau, St. Augustine, Unionville High School, and York University's Markham Campus are all nearby. Shopping is effortless with WholeFoods, LCBO, CF Markville, First Markham Place, and Pacific Mall all within reach. Unionville GO Station is steps away, and with Hwy 404 and 407 just minutes from your door, getting anywhere in the GTA is a breeze. Whether you're a young professional, a savvy investor, or downsizing without compromise - thisis the one. Style, convenience, and those views. It doesn't get better than this.
Estimate your monthly payments for this property
Estimated Payment
$3,073.18/mo
Includes CMHC insurance ($16,712)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Unionville
Unionville is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Unionville
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Unionville offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
18 Water Walk Drive Unit 2901, Markham
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $998/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 30 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Unionville
I know Unionville well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.