2206-18 Water Walk Drive, Markham, ON

Unionville, Markham · MLS® N13844960

$980,000
For Sale
Listed 19 days agoNo offer date stated
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2+1Bedrooms
3Bathrooms
2Garage
1000-1199Sq ft

About this home

In short

  • Three Year New Riverview Luxurious Building In The Heart Of Markham.
  • Ft 2 Bedrooms +huge Den and 2.5 bathrooms, Unobstructed View Balcony.
  • This Is The Newest Addition To The Markham Skyline.
  • Prime Location Steps To Whole Foods, LCBO, Go Train, VIP Cineplex, Good Life And Much More.
  • Minutes To Main St., Public Transit, 24Hrs Concierge, Gym, Indoor Pool, Library, Party Room, Lounge, Rooftop Terrace With BBQ, Visitor Parking.

Three Year New Riverview Luxurious Building In The Heart Of Markham. 1032 Sq.Ft 2 Bedrooms +huge Den and 2.5 bathrooms, Unobstructed View Balcony. Laminate Flooring Thru Out. Large Walk-In Closet. Modern Kitchen With B/I SS Appliances, Quartz Countertop. This Is The Newest Addition To The Markham Skyline. Prime Location Steps To Whole Foods, LCBO, Go Train, VIP Cineplex, Good Life And Much More. Minutes To Main St., Public Transit, 24Hrs Concierge, Gym, Indoor Pool, Library, Party Room, Lounge, Rooftop Terrace With BBQ, Visitor Parking. Two tanden parking spots included.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13844960
Bedrooms
2+1 (3 total)
Bathrooms
3 (1 half)
Size
1000-1199 sq ft
Cross streets
Highway 7 and Warden
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$632/mo
Exposure
West
Property tax
$3,542 / 2025
Days on market
19
Listing brokerage
FIRST CLASS REALTY INC.

Rooms

Primary BedroomFlat3.05 × 3.40 m

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

Bedroom 2Flat3.18 × 3.45 m

laminate · closet

Living RoomFlat3.38 × 3.48 m

laminate · w/o to balcony

DenFlat2.44 × 3.45 m

Laminate

KitchenFlat3.18 × 3.48 m

laminate · quartz counter · stainless steel appl

Dining RoomFlat3.38 × 3.48 m

laminate · combined w/living · open concept

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Unionville · asking prices
$882kavg 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 $802/sqft; this home lists at $891/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
980kThis home860k823k939k899k888kThis 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
$541K
Cathedraltown
$530K
Aileen-Willowbrook
$674K
Wismer
$438K
Royal Orchard
$1.64M

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
$4,467/mo
$194KIncome needed
5.0×Price ÷ income
$1,031Weekly cost
$16,075Land 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.

83%mortgage
Mortgage $4,467Property tax $295Condo fee $632Total carry $5,394

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,335per month

Mortgage amount $784,000 · 4.49% over 25 years

$196,000Down payment (20.0%)
$784,000Loan before insurance
$0CMHC premium
$5,262Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,335
Property tax
$295
Condo / maintenance fees
$632
Heating
$0
Estimated monthly cost
$5,262

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

One-time closing costs

Ontario land transfer tax
$16,075
Estimated closing costs
$16,075

Plus your down payment of $196,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,247/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

$516,461Total interest paid
$1,300,461Total of all payments
Principal $784,000 Interest $516,461
YearPrincipalInterestBalance
1$17,496$34,523$766,504
2$18,290$33,729$748,215
3$19,120$32,898$729,094
4$19,988$32,030$709,106
5$20,896$31,122$688,210
6$21,845$30,174$666,365
7$22,837$29,182$643,528
8$23,874$28,145$619,655
9$24,957$27,061$594,697
10$26,091$25,928$568,607
11$27,275$24,743$541,331
12$28,514$23,505$512,818
13$29,808$22,210$483,009
14$31,162$20,857$451,848
15$32,577$19,442$419,271
16$34,056$17,963$385,215
17$35,602$16,416$349,613
18$37,218$14,800$312,395
19$38,908$13,110$273,487
20$40,675$11,344$232,812
21$42,522$9,497$190,290
22$44,452$7,566$145,838
23$46,471$5,548$99,367
24$48,581$3,438$50,786
25$50,786$1,232$0

At the end of your 5-year term

Total paid over the term
$260,092
Principal paid down
$95,790
Interest paid
$164,302
Balance remaining
$688,210

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
Estimate$3,400/mo
$40,800Gross annual rent
2.5%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.2%
Gross yield
− Property tax $3,542− Condo fees $7,589− Insurance $600− Vacancy & upkeep $4,488Net operating income $24,581

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

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