2009-15 Water Walk Drive, Markham, ON

Unionville, Markham · MLS® N13809382

$528,000
For Sale
Listed 29 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Discover the perfect blend of style and convenience in this high-demand Riverside gem.
  • Luxury & Functional Layout 1Br +Den Which Can Be Definitely Used As A 2nd Bedroom.
  • Unit Comes With 1 Parking + 1 Locker + Internet Included.
  • Top-notch Amenities: Rooftop Pool & Gym & Party Room, & Card Room & Library & 24 Hr Security, Electric Car Chargers & Parcel Lockers For Easy Parcel Pick Ups.
  • Rapid access to Hwy 404/407, GO Transit, York University, and premium shopping.

Your Home Is Here! Discover the perfect blend of style and convenience in this high-demand Riverside gem. Luxury & Functional Layout 1Br +Den Which Can Be Definitely Used As A 2nd Bedroom. Laminate Floor Through-Out. Renovated bathroom. Enjoy stunning sunset views from your priviate balcony. 9 Ft Ceiling! Full-Sized Stainless-Steel Appliances. Practical Kitchen W/ Under Cabinet Led Lights! Spacious Laundry Room. Modern Stacked Washer/Dryer. Unit Comes With 1 Parking + 1 Locker + Internet Included. Top-notch Amenities: Rooftop Pool & Gym & Party Room, & Card Room & Library & 24 Hr Security, Electric Car Chargers & Parcel Lockers For Easy Parcel Pick Ups. Rapid access to Hwy 404/407, GO Transit, York University, and premium shopping! Whole Foods , Cineplex VIP, York Campus, Unionville H.S. And IB Milliken Mills H.S. Markville Secondary, Downtown Markham, Markham City Hall & More! High Demand Location! Ideal For First-time Buyers, Young Professionals, Or Investors Looking For New Life Style.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13809382
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Hwy 7 / Warden Ave.
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$534/mo
Exposure
West
Property tax
$2,463 / 2026
Days on market
29
Listing brokerage
BAY STREET GROUP INC.

Rooms

Dining RoomGround3.60 × 4.00 m

combined w/living · laminate

Living RoomGround3.00 × 3.05 m

combined w/dining · w/o to balcony · laminate

BedroomGround3.05 × 3.60 m

laminate · closet · large window

KitchenGround3.60 × 4.00 m

open concept · stainless steel appl · quartz counter

DenGround1.67 × 2.40 m

Laminate

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$526Klikely sale price

Listed at $528,000. Going by how homes in Unionville have actually closed against their asking prices (about 100%, 67 local closings in 90 days), the likely sale price is near $526K, if it sells. A realistic range is $495K to $569K.

Independent value check: $482K. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $448K and $506K).

Why $482K. The typical condo sold in Unionville over the past year went for about $580K (312 sales). What sets this one apart:

  • ▼ Lowers it1+1 bedrooms and 1 baths, against 1+1 and 2 typically.
List price
$495KBelow recent closings$569KAbove recent closings

Total price vs nearby homes. Likely closing about $526K, from 67 recent closings in this pocket.

The market behind the math:

67sold nearby · 90 days
$538Kmedian sold price
98%of asking, on average
−12%prices vs a year ago
~27 dayshomes like this take to sell
29days on market so far
$2,400/moest. rent · 15 leases
5.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.6 months of inventory: 59 condo apartment homes for sale in the area against 67 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 $813/sqft against an area asking average of $805/sqft.

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 67 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $507K. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($813/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 27 homes sold in this building over the past 20 months, from 500 closings in Unionville.

Sold price trend

Median sold price for condos in Unionville: $544K in September 2026, down 6% from a year ago, on 295 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$588K25
November 2025$595K22
December 2025$599K16
January 2026$579K18
February 2026$595K23
March 2026$558K22
April 2026$570K35
May 2026$561K29
June 2026$609K36
July 2026$564K25
August 2026$536K24
September 2026$544K20

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
$543K
Cathedraltown
$530K
Wismer
$438K
Aileen-Willowbrook
$674K
Royal Orchard
$1.76M

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

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

Affordability & Mortgage

Affordability
$2,406/mo
$112KIncome needed
4.7×Price ÷ income
$555Weekly cost
$7,035Land 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.

77%mortgage
Mortgage $2,406Property tax $205Condo fee $534Total carry $3,145

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,336per month

Mortgage amount $422,400 · 4.49% over 25 years

$105,600Down payment (20.0%)
$422,400Loan before insurance
$0CMHC premium
$3,075Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,336
Property tax
$205
Condo / maintenance fees
$534
Heating
$0
Estimated monthly cost
$3,075

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

One-time closing costs

Ontario land transfer tax
$7,035
Estimated closing costs
$7,035

Plus your down payment of $105,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,827/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

$278,257Total interest paid
$700,657Total of all payments
Principal $422,400 Interest $278,257
YearPrincipalInterestBalance
1$9,426$18,600$412,974
2$9,854$18,172$403,120
3$10,302$17,725$392,818
4$10,769$17,257$382,049
5$11,258$16,768$370,791
6$11,769$16,257$359,021
7$12,304$15,722$346,717
8$12,862$15,164$333,855
9$13,446$14,580$320,408
10$14,057$13,969$306,351
11$14,695$13,331$291,656
12$15,362$12,664$276,294
13$16,060$11,966$260,234
14$16,789$11,237$243,444
15$17,551$10,475$225,893
16$18,348$9,678$207,545
17$19,181$8,845$188,363
18$20,052$7,974$168,311
19$20,963$7,063$147,348
20$21,915$6,112$125,433
21$22,910$5,117$102,524
22$23,950$4,076$78,574
23$25,037$2,989$53,537
24$26,174$1,852$27,362
25$27,362$664$0

At the end of your 5-year term

Total paid over the term
$140,131
Principal paid down
$51,609
Interest paid
$88,522
Balance remaining
$370,791

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 15 whole-home leases in Unionville$2,400/mo
$28,800Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,280 to $2,520Typical rent range
~22 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 15 whole-home leases in Unionville signed at a median of $2,400 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,400. 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.

5.5%
Gross yield
− Property tax $2,463− Condo fees $6,403− Insurance $600− Vacancy & upkeep $3,168Net operating income $16,166

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

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