$628,000 - 18 Water Walk Drive Unit 1107, Markham
Condo for Sale in Markham
- MLS Number
- N13160728
- Property Type
- Condo
- Status
- active
- Days on Site
- 25
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 ATRIA REALTY INC.
Unit 1107 at 18 Water Walk Drive is a bright, stylish, and versatile suite in the heart of Markham Centre. Floor-to-ceiling windows deliver all-day natural light, giving the space anopen, airy quality that makes an immediate impression.The floor plan is a standout. The enclosed den with its own door functions as a true secondbedroom, home office, or nursery - rare flexibility for a one-bedroom layout. Two bathrooms addeveryday practicality seldom found at this price point, and the timeless finishes mean thishome is completely move-in ready.The building impresses with a rooftop patio with BBQ, pet spa, indoor pool, yoga studio, sauna, fitness centre, games room, party room, Car wash station and 24-hour concierge - an amenitypackage that sets a high bar in the GTA.The neighbourhood delivers on every front. Toogood Pond, Promenade Park, and Rouge River areminutes away for evening strolls. Top schools including Pierre Elliott Trudeau, St. Augustine, Unionville High School and York University Markham Campus make this ideal for families. Shopping is covered with Whole Foods, LCBO, CF Markville, First Markham Place, and Pacific Mall nearby. Go Place, Number One Restaurant, and nearby supermarkets cover daily essentials, while Main Street Unionville's dining strip and the thriving Asian food scene ensure that eating outalways feels like an event. Cineplex VIP Markham, Varley Art Gallery, and the Unionville Farmers' Market round out a rich lifestyle.Commuters have it made with Highways 407 and 404 minutes away, Unionville GO Station reaching downtown Toronto in roughly 30 minutes, and VIVA rapid transit on Highway 7. Bright, flexible, and perfectly positioned.This is Markham Centre living at its finest. Don't let it pass you by.
Estimate your monthly payments for this property
Estimated Payment
$3,221.97/mo
Includes CMHC insurance ($17,521)
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 Markham
Markham 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 Markham
- •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
Markham 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 1107, Markham
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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 $1047/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 25 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.
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 $2,617 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.