$619,000 - 38 Water Walk Drive Unit 321, Markham
Condo for Sale in Markham
48 days on marketNeighbourhood: Unionville
- MLS Number
- N13152544
- Property Type
- Condo
- Status
- active
- Days on Site
- 48
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- North
- Balcony
- Enclosed
- Listing Brokerage
- HOMELIFE CULTURELINK REALTY INC.
LOCATION! LOCATION! RIVERVIEW CONDO AT Downtown Markham IS Most Coveted: Developed by Times Group Corporation/ A Location That does The Heavy Lifting: Steps from restaurants, supermarkets, Cineplex, LCBO, clinics, and Markham Civic Centre/ The Flato Markham theatre/ Debbie Wilke Parks/ 19 Century Historic charm Main Street Unionville nearby/close to York University Markham Campus/ PAM AM Sport Centre/YMCA/ Transit at your doorstep with VIVA/YRT connections to Unionville GO Station and onward to the subway. Top-rated Unionville High School and multiple public and private schools nearby. Resort-Style Amenities That Redefine Condo Living: Wake up to East-facing light in this smartly designed 1 Bedroom + Den - a versatile layout where the den easily functions as a second bedroom. Soaring 9-ft ceilings, quartz countertops, a center island, and a sleek 4-piece bath create an elevated everyday living experience. Step onto your private balcony and unwind with sweeping sunset views. This isn't just a home - it's a lifestyle!!! Enjoy an exceptional suite of amenities: Rooftop terrace with BBQ area/ Indoor Pool/sauna; Change rooms with lockers/Yoga Wellness Studio, fully equipped Gym Room/Library/ Games room, Party Room/Pet Spa for your four-legged family members/Multi-Purpose use with Party Room/Meeting Room, Study Area; Casual Dining nook(perfect for young professionals working from home)/Automated hand free parcel lockers/Concierge Service/Stunning Design Lounge Waiting Area. Everything you need to live like you're in a five-star hotel, every single day!!!This is the one you've been waiting for!!!
Estimate your monthly payments for this property
Estimated Payment
$3,175.79/mo
Includes CMHC insurance ($17,270)
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.
38 Water Walk Drive Unit 321, 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 $884/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.
Negotiation Opportunity
At 48 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 700 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 $2,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.