38 Water Walk Drive Unit 910, Markham

Price: $699,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: N13508390

Luxury meets location! Built by renowned Times Group, this immaculate 2-bed, 2-bath condo offers elite urban living. Enjoy breathtaking panoramic views from your rare double balcony. The sun-filled layout boasts soaring 9-ft ceilings and a highly coveted, completely flat ceiling design with no bulkheads throughout! Cook in style with an upgraded kitchen featuring sleek two-tone cabinetry and high-gloss uppers. The spacious primary bedroom features a private 3-pc ensuite, complemented by a large 2nd bedroom. Resort-style amenities: indoor pool, gym, games/party rooms, & rooftop garden. Unbeatable location: walk to transit, dining, banks, & parks. Mins to Hwy 404/407. Includes 1 Parking, 1 Locker, & basic Rogers Bulk Internet. Move-in ready!

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New Listing
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$699,000 - 38 Water Walk Drive Unit 910, Markham

Condo for Sale in Markham

New — Listed 4 days ago

Neighbourhood: Unionville

2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
N13508390
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
RE/MAX IMPERIAL REALTY INC.
Description

Luxury meets location! Built by renowned Times Group, this immaculate 2-bed, 2-bath condo offers elite urban living. Enjoy breathtaking panoramic views from your rare double balcony. The sun-filled layout boasts soaring 9-ft ceilings and a highly coveted, completely flat ceiling design with no bulkheads throughout! Cook in style with an upgraded kitchen featuring sleek two-tone cabinetry and high-gloss uppers. The spacious primary bedroom features a private 3-pc ensuite, complemented by a large 2nd bedroom. Resort-style amenities: indoor pool, gym, games/party rooms, & rooftop garden. Unbeatable location: walk to transit, dining, banks, & parks. Mins to Hwy 404/407. Includes 1 Parking, 1 Locker, & basic Rogers Bulk Internet. Move-in ready!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

$
$
5%10%50%

5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

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.

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Neighbourhood Guide: Unionville

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

38 Water Walk Drive Unit 910, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$1,039

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $874/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Markham's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 800 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 $2,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    38 Water Walk Drive Unit 910, Markham | $699,000 | Battaglia Team