$499,980 - 38 Water Walk Drive Unit 2002, Markham
Condo for Sale in Markham
38 days on market- MLS Number
- N13103282
- Property Type
- Condo
- Status
- active
- Days on Site
- 38
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Welcome to Riverview - luxury condo living in the heart of Downtown Unionville.This rare south-facing 1-bed, 1-bath suite offers 557 sq. ft. of bright, open-concept living with 9-ft ceilings. One parking and One locker included!! The modern kitchen features built-in stainless steel appliances, stone countertops, a centre island, and tile backsplash. The sun-filled living area boasts unobstructed southern exposure, and the generously sized bedroom offers comfort and privacy. Includes 1 parking space and 1 locker.World-class amenities include dual 24/7 concierge, free visitor parking, gym, yoga studio, indoor pool, libraries, party room, billiards, mahjong room, rooftop BBQ patio, and a pet spa.Unbeatable location - steps to restaurants, cafes, supermarkets, parks, and VIVA transit. Minutes to Unionville GO, IBM, Hwy 407 (3 min), Hwy 404 (5 min), Whole Foods (3 min), York University Markham Campus (5 min), and within the Unionville High School boundary.A rare opportunity to own in one of Markham's most sought-after communities.
Estimate your monthly payments for this property
Estimated Payment
$2,565.16/mo
Includes CMHC insurance ($13,949)
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.
38 Water Walk Drive Unit 2002, 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 $1000/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 38 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 500 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.