$823,000 - 18 Water Walk Drive Unit 508, Markham
Condo for Sale in Markham
Popular ListingNeighbourhood: Unionville
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- N14029956
- Property Type
- Condo
- Status
- active
- Days on Site
- 8
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Markham
- Taxes (2026)
- $3,656
- Maintenance Fees
- $632/mo
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- HOMEART REALTY SERVICES INC.
Welcome to Riverview by Times Group, a luxurious condo in high demand Unionville. This spacious corner suite features 2-ensuite + den + power room, 1,032' + 247' wrap-around balcony. The primary bedroom offers two mirrored closets, and a 4-piece ensuite with a glass shower. The second bedroom offers northwest views, a mirrored closet, and its own 4-piece ensuite. The versatile den, with a sliding privacy-glass door is ideal for a home office or guest room. The modern kitchen features premium built-in appliances, European-made cabinetry, functional layout, open concept, 9' ceilings. Lots of upgrades: Quartz countertops & backsplash, induction cooktop, kitchen island, crown moulding, engineered flooring throughout. State-of-the-art amenities; 24-h concierge, indoor pool, sauna, gym, yoga studio, party room, games room, library, card room, BBQ terrace & car wash bay. Conveniently located minutes to Hwy 404 and 407, Unionville GO Station, with YRT/Viva at the door and top-ranking schools, supermarkets, restaurants, banks, and shops nearby. 2 parkings (tandem parking) and 1 locker included. Monthly maintenance fees include Rogers Ignite bulk internet service.
Estimate your monthly payments for this property
Estimated Payment
$4,222.42/mo
Includes CMHC insurance ($22,962)
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 508, Markham
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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 $823/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.
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. The $632/month fees should cover building insurance, common elements, and reserve contributions.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $3,429 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.