4005-8 Water Walk Drive, Markham, ON

Unionville, Markham · MLS® N13783636

$899,000
For Sale
Listed 5 days agoNo offer date stated
2+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to Riverview Building A by Times Group, a sought-after luxury condo in Unionville.
  • This beautifully maintained 1,081 sq. ft. southwest facing corner suite features 2-bedroom + den, 2 full baths, 9-foot ceilings and floor-to-ceiling windows with...
  • 3 private balconies offer exceptional outdoor space.
  • The primary bedroom features southwest views, a walk-in closet, and a 4-piece ensuite with double vanity and glass shower.
  • Enjoy outstanding amenities, including a 24-hr concierge, indoor pool, sauna, gym, yoga studio, party room, games room, library, card room, BBQ terrace, and car wash...

Welcome to Riverview Building A by Times Group, a sought-after luxury condo in Unionville. This beautifully maintained 1,081 sq. ft. southwest facing corner suite features 2-bedroom + den, 2 full baths, 9-foot ceilings and floor-to-ceiling windows with abundant natural light and sunset views. 3 private balconies offer exceptional outdoor space. The primary bedroom features southwest views, a walk-in closet, and a 4-piece ensuite with double vanity and glass shower. The second bedroom offers picturesque south views and a mirrored closet. The versatile den, with a sliding privacy glass door, is ideal as a home office or guest room. The modern kitchen features premium built-in appliances, European-made cabinetry, upgrade Statuario Maximus quartz countertops, and a matching backsplash. Additional upgrades include engineered flooring, and Statuario wall & floor tiles in the ensuite. Enjoy outstanding amenities, including a 24-hr concierge, indoor pool, sauna, gym, yoga studio, party room, games room, library, card room, BBQ terrace, and car wash bay, plus smart building and suite features. Conveniently located minutes from Highways 404 and 407, with YRT/Viva at the door and top-ranking schools, supermarkets, restaurants, banks, and shops nearby. 1 parking and 1 locker included. Monthly maintenance fees include Rogers Ignite bulk internet service. This is an exceptional, well-maintained, move-in-ready suite! Don't miss!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13783636
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Warden / Hwy 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$653/mo
Exposure
South West
Property tax
$3,772 / 2026
Days on market
5
Listing brokerage
HOMEART REALTY SERVICES INC.

Rooms

KitchenFlat5.41 × 3.66 m

combined w/dining · stainless steel appl · custom backsplash

Dining RoomFlat5.41 × 3.66 m

combined w/kitchen · centre island · open concept

Primary BedroomFlat3.41 × 3.18 m

4 pc ensuite · window floor to ceiling · w/o to balcony

Living RoomFlat3.71 × 3.91 m

window floor to ceiling · w/o to balcony · crown moulding

FoyerFlat1.22 × 1.83 m

mirrored closet · crown moulding

Bedroom 2Flat3.05 × 2.90 m

picture window · mirrored closet · w/o to balcony

DenFlat2.77 × 2.62 m

glass doors · formal rm

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$900Klikely closing

Listed at $899,000 with no offer date. Homes here have been closing close to ask, so my read is $900K, typically $861K to $894K. Comparable closings on their own put this home around $845K, which supports the ask, so this is a firm read.

List price
$861KBelow recent closings$899KAbove recent closings

Total price vs nearby homes. Likely closing about $900K, from 63 recent closings in this pocket.

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
5days on market so far
$3,505/moest. rent · 5 leases
4.7%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 63 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $760K. Condition and finishes remain an in-person call.

What the listing highlights2 points 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
  • Primary suite: a key comfort and resale feature. Lifestyle
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 29 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 secondary1.6 km · 88% at standard
St Justin Martyr Catholic Elementary School · Catholic elementary1.8 km · 98% at standard
Parkview Public School · Public elementary1.8 km · 84% at standard
William Berczy Public School · Public elementary1.8 km · 83% at standard
Buttonville Public School · Public elementary2.4 km · 86% at standard
Unionville Public School · Public elementary2.5 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 $314Condo fee $653Total carry $5,065

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
$4,904Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,937
Property tax
$314
Condo / maintenance fees
$653
Heating
$0
Estimated monthly cost
$4,904

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 5 whole-home leases in Unionville$3,505/mo
$42,060Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,084 to $3,926Typical 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 5 whole-home leases in Unionville signed at a median of $2,900 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,505. 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.

4.7%
Gross yield
− Property tax $3,772− Condo fees $7,837− Insurance $600− Vacancy & upkeep $4,627Net operating income $25,225

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMEART REALTY SERVICES INC.. MLS®/PropTx.

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