$899,000 - 8 Water Walk Drive Unit 4005, Markham
Condo for Sale in Markham
Neighbourhood: 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
- N13783636
- Property Type
- Condo
- Status
- active
- Days on Site
- 22
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Markham
- Taxes (2026)
- $3,772
- Maintenance Fees
- $653/mo
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- HOMEART REALTY SERVICES INC.
Welcome to Riverview Building A by Times Group, a sought-after luxury condo in Unionville. This beautifully maintained 1,081 sq. ft. southwest facing corner suite features 2-bedroom + den, 2 full baths, 9-foot ceilings and floor-to-ceiling windows with abundant natural light and sunset views. 3 private balconies offer exceptional outdoor space. The primary bedroom features southwest views, a walk-in closet, and a 4-piece ensuite with double vanity and glass shower. The second bedroom offers picturesque south views and a mirrored closet. The versatile den, with a sliding privacy glass door, is ideal as a home office or guest room. The modern kitchen features premium built-in appliances, European-made cabinetry, upgrade Statuario Maximus quartz countertops, and a matching backsplash. Additional upgrades include engineered flooring, and Statuario wall & floor tiles in the ensuite. Enjoy outstanding amenities, including a 24-hr concierge, indoor pool, sauna, gym, yoga studio, party room, games room, library, card room, BBQ terrace, and car wash bay, plus smart building and suite features. Conveniently located minutes from Highways 404 and 407, with YRT/Viva at the door and top-ranking schools, supermarkets, restaurants, banks, and shops nearby. 1 parking and 1 locker included. Monthly maintenance fees include Rogers Ignite bulk internet service. This is an exceptional, well-maintained, move-in-ready suite! Don't miss!
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
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.
8 Water Walk Drive Unit 4005, 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 $899/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 22 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. The $653/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.
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 $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.