38 Water Walk Drive Unit 910, Markham

Price: $738,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: N12894176

Welcome to this stunning luxury 2-bedroom, 2-bath corner suite in the heart of Markham, ideally located at Birchmount & Highway 7. Featuring abundant natural sunlight and breathtaking unobstructed views from two sides, this bright and spacious unit offers a modern kitchen with built-in appliances, a functional open-concept layout, and two private balconies perfect for relaxing or entertaining. Includes one parking space and one locker for added convenience. Residents enjoy premium amenities including a fully equipped gym, business centre, BBQ rooftop terrace, and outdoor park. Situated within the highly sought-after Unionville High School boundary, and just minutes from everyday conveniences such as Whole Foods Market, LCBO, Downtown Markham, Main Street Unionville, restaurants, cinema, and the scenic Toogood Pond Park. With easy access to GO Transit and Highways 404 & 407, this home perfectly blends luxury, convenience, and lifestyle-truly a place you'll be proud to call home.

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$738,000 - 38 Water Walk Drive Unit 910, Markham

Condo for Sale in Markham

90 days on market
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
N12894176
Property Type
Condo
Status
active
Days on Site
90
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
AIMHOME REALTY INC.
Description

Welcome to this stunning luxury 2-bedroom, 2-bath corner suite in the heart of Markham, ideally located at Birchmount & Highway 7. Featuring abundant natural sunlight and breathtaking unobstructed views from two sides, this bright and spacious unit offers a modern kitchen with built-in appliances, a functional open-concept layout, and two private balconies perfect for relaxing or entertaining. Includes one parking space and one locker for added convenience. Residents enjoy premium amenities including a fully equipped gym, business centre, BBQ rooftop terrace, and outdoor park. Situated within the highly sought-after Unionville High School boundary, and just minutes from everyday conveniences such as Whole Foods Market, LCBO, Downtown Markham, Main Street Unionville, restaurants, cinema, and the scenic Toogood Pond Park. With easy access to GO Transit and Highways 404 & 407, this home perfectly blends luxury, convenience, and lifestyle-truly a place you'll be proud to call home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,786.32/mo

Includes CMHC insurance ($20,590)

$
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5%10%50%

5-yr fixed avg.

Principal: $664,200Interest: $451,107
Mortgage Amount$684,790
Total Interest$451,107
Est. Property Tax$523/mo
Total Cost$1,135,897

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

38 Water Walk Drive Unit 910, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$523
Insurance (est.)-$154
Net Cash Flow+$1,003

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 $923/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 90 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 800 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 $3,075 (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.

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    38 Water Walk Drive Unit 910, M… — $738,000 | Battaglia Team