1903-18 Water Walk Drive, Markham, ON

Unionville, Markham · MLS® N13683550

$899,000
For Sale
Listed 34 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • South East Corner 2+1 With Two WR in Riverview Building B, Full of Sunshine.
  • 1050 Sq Ft with huge Balcony ( 132 Sq Ft ) of Unobstructed Amazing View in Downtown Markham.
  • Big Den ( 9 Ft x 8 Ft ) has Sliding Doors & Can be Used as 3rd Bedroom.
  • Many Building Amenities includes Indoor Pool, Gym, Library, Party Room, Yoga Room& Games Room.
  • Easy Access to Highway 404, Highway 407, Public Transit & Go Train Station.

South East Corner 2+1 With Two WR in Riverview Building B, Full of Sunshine. Bright Spacious And Quiet unit With Large Balcony. 1050 Sq Ft with huge Balcony ( 132 Sq Ft ) of Unobstructed Amazing View in Downtown Markham. Big Den ( 9 Ft x 8 Ft ) has Sliding Doors & Can be Used as 3rd Bedroom. Many Building Amenities includes Indoor Pool, Gym, Library, Party Room, Yoga Room& Games Room. Close to Supermarkets, Restaurants, Cinema & York University. Easy Access to Highway 404, Highway 407, Public Transit & Go Train Station. 1 Parking & 1 Locker included.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13683550
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Highway 7 and Warden
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$638/mo
Exposure
South East
Property tax
$3,571 / 2026
Days on market
34
Listing brokerage
KW Living Realty

Rooms

Bedroom 2Main3.45 × 2.70 m

Laminate

Primary BedroomMain3.52 × 3.21 m

laminate · 4 pc ensuite · walk-in closet(s)

Dining RoomMain6.06 × 4.10 m

Laminate

KitchenMain6.06 × 3.70 m

stainless steel appl · open concept

Living RoomMain6.06 × 4.10 m

Laminate

DenMain2.73 × 2.52 m

Laminate

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$770Kautomated estimate, from recent sales

Listed at $899,000. Recent sales of homes like it put this one around $770K, so the ask is about 17% above what similar homes have sold for.

If it sells at this ask, expect about $900K, typically $861K to $894K: that is where homes here have closed against their asks in the last 90 days (63 closings).

The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far above their automated estimate sold at about 95% of the original ask, in a median 36 days, 26% of them after a price reduction (750 sales).

List price
$716KBelow recent closings$899KAbove recent closings

Total price vs nearby homes. Fair value about $770K, learned from recent GTA sales.

The market behind the math:

63sold nearby · 90 days
$564Kmedian sold price
99%of asking, on average
−9%prices vs a year ago
~28 dayshomes like this take to sell
34days on market so far
$3,325/moest. rent · 26 leases
4.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2 months of inventory: 42 condo apartment homes for sale in the area against 63 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $818/sqft against an area asking average of $768/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 27 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $768K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Markville SS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

Based on 45 homes sold in this building over the past 20 months, from 500 closings in Unionville.

What sellers nearby are askingCurrently listed nearby in Unionville · asking prices
$885kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $805/sqft; this home lists at $818/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
899kThis home899k888k850k959k828kThis home vs active comparables

Neighbourhood & location

Unionville, Markham, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Commerce Valley
$713K
Wismer
$478K
Royal Orchard
$2.06M
Greensborough
$594K
Cornell
$600K

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Markville SS
94%
Markville SSPublic · Secondary · 9-12 · 4.0 km awayAmong the top in the GTA · 94% meet the provincial standard
Unnamed ES (Markham Centre)EQAO results not published
St. AugustineEQAO results not published
Also nearby: 8 more schools within 2.5 km
Unionville High School · Public secondary0.7 km · 89% at standard
Coledale Public School · Public elementary1.5 km · 78% at standard
Bill Crothers Secondary School · Public secondary1.5 km · 88% at standard
Parkview Public School · Public elementary1.7 km · 84% at standard
William Berczy Public School · Public elementary1.8 km · 83% at standard
St Justin Martyr Catholic Elementary School · Catholic elementary1.8 km · 98% at standard
Buttonville Public School · Public elementary2.4 km · 86% at standard
Unionville Public School · Public elementary2.4 km · 76% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,097/mo
$181KIncome needed
5.0×Price ÷ income
$946Weekly cost
$14,455Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

81%mortgage
Mortgage $4,097Property tax $298Condo fee $638Total carry $5,033

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,937per month

Mortgage amount $719,200 · 4.39% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$4,872Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,937
Property tax
$298
Condo / maintenance fees
$638
Heating
$0
Estimated monthly cost
$4,872

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$14,455
Estimated closing costs
$14,455

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$4,770/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$461,815Total interest paid
$1,181,015Total of all payments
Principal $719,200 Interest $461,815
YearPrincipalInterestBalance
1$16,275$30,966$702,925
2$16,997$30,244$685,928
3$17,751$29,489$668,177
4$18,539$28,701$649,638
5$19,362$27,879$630,276
6$20,221$27,019$610,055
7$21,119$26,122$588,936
8$22,056$25,185$566,880
9$23,035$24,206$543,846
10$24,057$23,183$519,788
11$25,125$22,116$494,664
12$26,240$21,001$468,424
13$27,405$19,836$441,019
14$28,621$18,620$412,398
15$29,891$17,350$382,507
16$31,218$16,023$351,290
17$32,603$14,637$318,687
18$34,050$13,190$284,636
19$35,561$11,679$249,075
20$37,140$10,101$211,936
21$38,788$8,453$173,148
22$40,509$6,731$132,638
23$42,307$4,933$90,331
24$44,185$3,056$46,146
25$46,146$1,095$0

At the end of your 5-year term

Total paid over the term
$236,203
Principal paid down
$88,924
Interest paid
$147,279
Balance remaining
$630,276

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 26 whole-home leases in Unionville$3,325/mo
$39,900Gross annual rent
2.6%Cap rate after taxes and upkeep
$3,158 to $3,491Typical rent range
~24 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 26 whole-home leases in Unionville signed at a median of $2,880 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,325. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.4%
Gross yield
− Property tax $3,571− Condo fees $7,658− Insurance $600− Vacancy & upkeep $4,389Net operating income $23,682

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KW Living Realty. MLS®/PropTx.

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