18 Water Walk Drive Unit 302, Markham

Price: $499,999

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: N12945166

Urban living at its finest in this large modern 1-bedroom + Den condo situated conveniently on Highway 7 close to Warden Ave. Enjoy the convenience of being steps away from Vibrant shops, restaurants, Theatre and public transit. Whole Foods, LCBO, GO Train, VIP Cineplex, GoodLife Gym, York U campus & more. Minutes to Hwy 404 & historic Main St. Unionville. Low maintenance fees cover heat, A/C, and internet (per Rogers agreement). The well-managed building features 24/7 concierge, smart entry system, automated parcel lockers, a 2-storey amenity pavilion, rooftop terrace, fully equipped gym, indoor pool and more. * Top ranking Unionville High School *

18 Water Walk Drive Unit 302 - Condo photo 1 of 5 in Markham, Ontario
18 Water Walk Drive Unit 302 - Condo photo 2 of 5 in Markham, Ontario
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$499,999 - 18 Water Walk Drive Unit 302, Markham

Condo for Sale in Markham

76 days on market
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
N12945166
Property Type
Condo
Status
active
Days on Site
76
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
HOMELIFE BROADWAY REALTY INC.
Description

Urban living at its finest in this large modern 1-bedroom + Den condo situated conveniently on Highway 7 close to Warden Ave. Enjoy the convenience of being steps away from Vibrant shops, restaurants, Theatre and public transit. Whole Foods, LCBO, GO Train, VIP Cineplex, GoodLife Gym, York U campus & more. Minutes to Hwy 404 & historic Main St. Unionville. Low maintenance fees cover heat, A/C, and internet (per Rogers agreement). The well-managed building features 24/7 concierge, smart entry system, automated parcel lockers, a 2-storey amenity pavilion, rooftop terrace, fully equipped gym, indoor pool and more. * Top ranking Unionville High School *

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,565.25/mo

Includes CMHC insurance ($13,950)

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5-yr fixed avg.

Principal: $449,999Interest: $305,627
Mortgage Amount$463,949
Total Interest$305,627
Est. Property Tax$354/mo
Total Cost$769,576

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: Markham

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

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

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.

70
Walk Score
Varies
Price Range

18 Water Walk Drive Unit 302, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$952

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 $833/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 76 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 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.

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.

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    18 Water Walk Drive Unit 302, M… — $499,999 | Battaglia Team