2701-8 Water Walk Drive, Markham, ON

Unionville, Markham · MLS® N13865260

$1,259,000
For Sale
Listed 13 days agoNo offer date stated
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3Bedrooms
4Bathrooms
2Garage
1200-1399Sq ft

About this home

In short

  • Exceptional 3-bedroom residence at 8 Water Walk Dr by Times Group, offering nearly 1,400 sq. ft. of spacious living in the heart of Markham.
  • Soaring ceilings and floor-to-ceiling windows fill the suite with natural light and showcase unobstructed city views.
  • The open-concept layout features an upgraded kitchen with integrated appliances, stone countertops, and an oversized island.
  • Includes two side-by-side parking spaces, premium building amenities, smart home features, parcel services, and 24-hour security.
  • Conveniently located near dining, shopping, schools, business centres, and transit, with easy access to Highways 404 and 407.

Exceptional 3-bedroom residence at 8 Water Walk Dr by Times Group, offering nearly 1,400 sq. ft. of spacious living in the heart of Markham. Soaring ceilings and floor-to-ceiling windows fill the suite with natural light and showcase unobstructed city views. The open-concept layout features an upgraded kitchen with integrated appliances, stone countertops, and an oversized island. Enjoy a southeast-facing balcony overlooking the skyline and surrounding greenery. Includes two side-by-side parking spaces, premium building amenities, smart home features, parcel services, and 24-hour security. Conveniently located near dining, shopping, schools, business centres, and transit, with easy access to Highways 404 and 407.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13865260
Bedrooms
3
Bathrooms
4 (1 half)
Size
1200-1399 sq ft
Cross streets
Hwy7/Warden
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$764/mo
Exposure
South East
Property tax
$4,126 / 2026
Days on market
13
Listing brokerage
T-ONE GROUP REALTY INC.,

Rooms

Primary BedroomFlat3.59 × 2.93 m

4 pc ensuite · large window · walk-in closet(s)

Dining RoomFlat5.51 × 3.11 m

combined w/living · open concept · laminate

Bedroom 3Flat3.51 × 2.73 m

mirrored closet · se view · 3 pc ensuite

FoyerFlat0.00 × 0.00 m

2 pc bath · closet

Living RoomFlat5.51 × 3.11 m

combined w/dining · open concept · w/o to balcony

KitchenFlat3.76 × 3.54 m

centre island · granite counters · stainless steel appl

Bedroom 2Flat3.01 × 2.96 m

3 pc ensuite · closet · granite counters

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
$5,738/mo
$246KIncome needed
5.1×Price ÷ income
$1,324Weekly cost
$21,655Land 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.

84%mortgage
Mortgage $5,738Property tax $344Condo fee $764Total carry $6,846

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)
$5,569per month

Mortgage amount $1,007,200 · 4.49% over 25 years

$251,800Down payment (20.0%)
$1,007,200Loan before insurance
$0CMHC premium
$6,677Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,569
Property tax
$344
Condo / maintenance fees
$764
Heating
$0
Estimated monthly cost
$6,677

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

One-time closing costs

Ontario land transfer tax
$21,655
Estimated closing costs
$21,655

Plus your down payment of $251,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,740/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

$663,494Total interest paid
$1,670,694Total of all payments
Principal $1,007,200 Interest $663,494
YearPrincipalInterestBalance
1$22,476$44,351$984,724
2$23,497$43,331$961,227
3$24,564$42,264$936,663
4$25,679$41,149$910,984
5$26,845$39,983$884,139
6$28,064$38,764$856,075
7$29,338$37,490$826,737
8$30,670$36,158$796,067
9$32,063$34,765$764,004
10$33,518$33,309$730,485
11$35,040$31,787$695,445
12$36,631$30,196$658,814
13$38,295$28,533$620,519
14$40,033$26,795$580,486
15$41,851$24,977$538,635
16$43,751$23,077$494,884
17$45,738$21,090$449,146
18$47,814$19,013$401,332
19$49,985$16,843$351,347
20$52,255$14,573$299,092
21$54,627$12,200$244,464
22$57,108$9,720$187,357
23$59,701$7,127$127,656
24$62,411$4,417$65,245
25$65,245$1,583$0

At the end of your 5-year term

Total paid over the term
$334,139
Principal paid down
$123,061
Interest paid
$211,078
Balance remaining
$884,139

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$4,100/mo
$49,200Gross annual rent
2.4%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.

3.9%
Gross yield
− Property tax $4,126− Condo fees $9,173− Insurance $600− Vacancy & upkeep $5,412Net operating income $29,889

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

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