$600,000 - 38 Water Walk Drive Unit 619, Markham
Condo for Sale in Markham
45 days on market- MLS Number
- N13075322
- Property Type
- Condo
- Status
- active
- Days on Site
- 45
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- CENTERPOINT REALTY INC.
Step into this sun-filled 1+1 bedroom suite, (Den Can be used as 2nd bedroom) offering 714 sq ft of smart, functional living space. The highlight is a walkout to an expansive 48-foot private balcony-an ideal spot to start your day or unwind in a peaceful setting after work. Perfectly suited for a professional, couple, or small family.Lovingly cared for, this home shows exceptionally well and feels like new, offering a true turn-key (AAA) opportunity. Everyday essentials are just steps away, with easy access to restaurants, banks, and grocery stores-an excellent choice for those seeking comfort and convenience in a downsizing lifestyle.Residents of Riverview enjoy a wide range of upscale amenities, including an indoor pool, sauna with locker-equipped change rooms, a yoga and wellness studio, games and party rooms, meeting spaces, a rooftop terrace, beautifully landscaped outdoor lounging areas, BBQ stations, and secure parcel lockers for hassle-free package pickup.The location is equally impressive, with No Frills nearby, entertainment at VIP Cineplex, and scenic outdoor spaces such as Debbie Wilkes Park and Markham Civic Centre just moments away. Highly regarded schools like Unionville High School are within close reach. Commuting is effortless with YRT/VIVA transit right outside your door, connecting you seamlessly to GO Transit and major routes. Photos taken before tenant move in.
Estimate your monthly payments for this property
Estimated Payment
$3,078.31/mo
Includes CMHC insurance ($16,740)
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 619, 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 $857/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 45 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 700 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 $2,500 (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.