$488,000

For sale

#120 25 Water Walk Drive, Markham (Unionville) - Single Family for Sale

#120 25 Water Walk Drive, Markham (Unionville), Ontario, L6G0G3

2 beds2 baths1 parking650 ft²$545/mo condo feeListed 15 days ago

Overview

This 2-bedroom, 2-bathroom condo in Markham is for sale offering roughly 650 sq ft of space. Listed at $488,000, it is attractively priced about 27% below the $668,000 median asking price in Markham. It has been on the market 15 days, fresher than the Markham average of 63 days.

Condos for Sale in Markham →All real estate in Markham →

Description

Welcome To Riverside Uptown Markham In The Highly Sought-After Unionville Community! This Ground-Level Suite Features Soaring 10-Ft Ceilings And A Functional 1 Bedroom Plus Den Layout with 2 Washrooms. The Separate Den, Complete With A Door And Closet, Offers Excellent Flexibility As A Second Bedroom Or Private Home Office. Modern Open Concept Kitchen with Quartz Countertops, Backsplash and Stainless Steel Appliances. Enjoy The Convenience Of Ground-Level Living With A Walkout To A Large 225 sq ft Terrace Area. Direct Access To Highway 7 From Your Own Terrace Makes Stepping Out For Transit, Shopping And Dining Effortless, Without Waiting For An Elevator. Residents Enjoy Building Amenities Including 24 hour Concierge, Gym, Outdoor Pool, Party Room and much more! Conveniently Located Near Downtown Markham, walking distance to Nearby Restaurants, Shopping, Downtown Markham, Cineplex, Unionville GO Station And minutes away from Highways 404 & 407. Top Ranking School zone, Unionville High School. A Wonderful Combination Of Indoor Comfort, Outdoor Space And Everyday Convenience! (id:66096)

Property Details

MLS®: N14098434
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $545/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,521/yr

Rooms

Flat

Living room: 2.39 x 3.04 meters
Dining room: 3.32 x 3.36 meters
Kitchen: 3.32 x 3.36 meters
Primary Bedroom: 3.54 x 3.12 meters
Den: 1.93 x 2.66 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Laminate
Exterior: Concrete, Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Markham (Unionville) listings, avg age

63d

Price / ft²

$751

List price

$488K

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Markham (Unionville) has been listed for 15 days, which is 48 days fresher than the city average of 63. Act while there is still low competition.

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Listed by PROPTECH REALTY INC. · HOWARD ZHU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6G)

This home lists at $488,000, about 8.0× the local median household income of $61,200.

Carrying it typically needs a household income of about $95,323 (20% down, 25-yr amortization, stress-tested) — roughly 56% above the area median.

Median household income: $61,200
Population: 8,364
Median age: 35.2
Owner / renter: 54% / 46%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA L6G)

$488,000· $751/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,400

Min 5%50%

Mortgage payment$2,570/mo

↳ CMHC premium ($18,544 capitalized)

Property tax (est.)$210/mo

Condo fee$545/mo

Total monthly$3,325

Cash Needed to Close

Down payment (5%)$24,400

Land transfer tax$6,235

Est. closing costs$3,964

Total cash needed$34,599

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