$682,000

For sale

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#1503 8 Water Walk Drive, Markham (Unionville) - Single Family for Sale

#1503 8 Water Walk Drive, Markham (Unionville), Ontario, L3R6L4

2 beds2 baths1 parking ft²

#1110 180 Enterprise Boulevard, Markham (Unionville), Ontario, L6G0G4

2 bd2 ba1 pk650 ft²+$681/mo

Listed by CENTURY 21 ATRIA REALTY INC.

#607 8 Rouge Valley Drive West, Markham (Unionville), Ontario, L6G0G8

For saleJust listed

Today

$388K

#607 8 Rouge Valley Drive West, Markham (Unionville), Ontario, L6G0G8

2 bd2 ba2 pk550 ft²+$561/mo

Listed by HOMELIFE NEW WORLD REALTY INC.

#918 8119 Birchmount Road, Markham (Unionville), Ontario, L6G0H5

For saleJust listed

Yesterday

$449K

#918 8119 Birchmount Road, Markham (Unionville), Ontario, L6G0H5

2 bd2 ba1 pk650 ft²+$479/mo

Listed by SMART SOLD REALTY

#2206 18 Water Walk Drive, Markham (Unionville), Ontario, L3R6L5

For saleJust listed

2 days ago

$758K

#2206 18 Water Walk Drive, Markham (Unionville), Ontario, L3R6L5

3 bd3 ba2 pk1,100 ft²+$632/mo

Listed by HOMECOMFORT REALTY INC.

Investment analysis

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$682,000

Markham

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$456/mo condo fee

Overview

This 2-bedroom, 2-bathroom condo in Markham is for sale offering roughly 750 sq ft of space. Its $682,000 asking price sits right in line with the $668,000 median in Markham. It has been on the market 14 days, fresher than the Markham average of 63 days.

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

Description

Luxury Riverview Condos in high demand area of Unionville. Large 2 bedroom Unit with unobstructed south exposure. Master bedroom with 3-pc ensuite and a large window. Living room walk-out to a large 97 sf balcony facing the ravine Rouge Valley Greenbelt. Close vicinity to downtown Markham and York University Markham campus. Open concept kitchen with Stone Counter top, built-in appliances and a center Island. Public Transit at door steps. Close to shopping, restaurants, banks, easy access to HWY 404/407. Close to all amenities. (id:66096)

Property Details

MLS®: N14102634
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $456/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,687.32/yr
Listed: 14 days ago

Rooms

Flat

Living room: 2.46 x 3.31 meters
Dining room: 3.86 x 3.07 meters
Kitchen: 3.86 x 3.07 meters
Primary Bedroom: 3.05 x 2.8 meters
Bedroom 2: 3.76 x 2.6 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, Oven, Dryer, Cooktop, Blinds
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Markham (Unionville) listings, avg age

63d

Price / ft²

$910

List price

$682K

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 14 days, which is 49 days fresher than the city average of 63. Act while there is still low competition.

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Listed by CENTURY 21 HERITAGE GROUP LTD. · SYLVIA SUI-LING WONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3R)

This home lists at $682,000, about 7.3× the local median household income of $93,000.

Carrying it typically needs a household income of about $133,218 (20% down, 25-yr amortization, stress-tested) — roughly 43% above the area median.

Median household income: $93,000
Population: 62,060
Median age: 46.4
Owner / renter: 83% / 17%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L3R)

$682,000· $910/ft²

For sale

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Full Cost Breakdown

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Down Payment6.33% · $43,200

Min 6.33%50%

Mortgage payment$3,542/mo

↳ CMHC premium ($25,552 capitalized)

Property tax (est.)$224/mo

Condo fee$456/mo

Total monthly$4,222

Cash Needed to Close

Down payment (6.33%)$43,200

Land transfer tax$10,115

Est. closing costs$4,546

Total cash needed$57,861

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice