706-18 Water Walk Drive, Markham, ON

Unionville, Markham · MLS® N13852054

$849,000
For Sale
Listed 18 days agoNo offer date stated
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2Bedrooms
3Bathrooms
1Garage
1000-1199Sq ft

About this home

*** Three Year New Luxury Residence in Prime Unioville at Warden/Hwy 7 *** Riverview Condos by Times Group *** Functional Layout with 2 Spit Bedrooms that have their own baths *** Rare Double Ensuites for Condo + Guest Powder Room *** Custom Built Shelves/Cabinets in some Rooms *** Fresh Paint *** Upgraded Ceiling/Pot Lights System in the Great Room *** $$$ spent ***Quartz Counter Top, 9 ft ceiling *** Close to Hwy 407/404, Top Ranked Unionville High, Minutes to GO/VIVA Transit, York University, Plazas, FMP, Downtown Markham, Markham City Hall and more *** Well Managed Building with classy finishes : Indoor Pool, Gym, Yoga Rm, Sauna, Party/Lounge Rms, BBQ Rooftop Terrace, 24/7 Concierge, Secure Smart Entry, Automated Parcel Lockers ....all these for Residents Enjoyment *** DO NOT MISS !!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13852054
Bedrooms
2
Bathrooms
3 (1 half)
Size
1000-1199 sq ft
Cross streets
Hwy 7/Warden
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$626/mo
Exposure
West
Property tax
$3,540 / 2026
Days on market
18
Listing brokerage
BAY STREET GROUP INC.

Rooms

Powder RoomFlat1.40 × 2.00 m
Bedroom 2Flat3.20 × 4.00 m

b/i closet · 3 pc ensuite · laminate

Primary BedroomFlat3.00 × 3.20 m

b/i closet · 4 pc ensuite · laminate

DenFlat2.50 × 3.50 m

b/i shelves · laminate

KitchenFlat3.00 × 3.80 m

centre island · ceramic backsplash · open concept

Great RoomFlat3.80 × 3.35 m

laminate · w/o to balcony · pot lights

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

Neighbourhood & location

Unionville, Markham, ON

CommuteTime from this home to where you spend your day

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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
$3,869/mo
$172KIncome needed
4.9×Price ÷ income
$893Weekly cost
$13,455Land 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 $3,869Property tax $295Condo fee $626Total carry $4,790

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,755per month

Mortgage amount $679,200 · 4.49% over 25 years

$169,800Down payment (20.0%)
$679,200Loan before insurance
$0CMHC premium
$4,676Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,755
Property tax
$295
Condo / maintenance fees
$626
Heating
$0
Estimated monthly cost
$4,676

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

One-time closing costs

Ontario land transfer tax
$13,455
Estimated closing costs
$13,455

Plus your down payment of $169,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,545/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

$447,424Total interest paid
$1,126,624Total of all payments
Principal $679,200 Interest $447,424
YearPrincipalInterestBalance
1$15,157$29,908$664,043
2$15,845$29,220$648,198
3$16,564$28,500$631,634
4$17,317$27,748$614,317
5$18,103$26,962$596,214
6$18,925$26,140$577,290
7$19,784$25,281$557,506
8$20,682$24,383$536,823
9$21,621$23,444$515,202
10$22,603$22,462$492,599
11$23,629$21,436$468,970
12$24,702$20,363$444,268
13$25,824$19,241$418,444
14$26,996$18,069$391,448
15$28,222$16,843$363,226
16$29,503$15,562$333,722
17$30,843$14,222$302,879
18$32,243$12,822$270,636
19$33,707$11,358$236,929
20$35,238$9,827$201,691
21$36,838$8,227$164,853
22$38,510$6,555$126,343
23$40,259$4,806$86,084
24$42,087$2,978$43,998
25$43,998$1,067$0

At the end of your 5-year term

Total paid over the term
$225,325
Principal paid down
$82,986
Interest paid
$142,339
Balance remaining
$596,214

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.

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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
2.9%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.

4.8%
Gross yield
− Property tax $3,540− Condo fees $7,512− Insurance $600− Vacancy & upkeep $4,488Net operating income $24,660

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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