$758,000

For saleJust listed

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#2206 18 Water Walk Drive, Markham (Unionville) - Single Family for Sale

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

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Investment analysis

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$758,000

Markham

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Description

This luxurious unit in a 3 year old newer building is located in the heart of Markham. Featuring 2+1 (1032 sq. ft.) bedrooms with a large walk-in closet, 2.5 bathrooms, a huge den can be used as 3rd bedroom, two head by head parking spaces and a balcony with unobstructed west views. The modern kitchen comes with modern appliances and quartz countertops. Laminate flooring all throughout. This prime location is steps away from Whole Foods, LCBO, GO Train station, Cineplex, Goodlife, and much more; with Main St. and public transit only minutes away. The building features a 24 hr concierge, gym, indoor pool, library, party room, lounge, rooftop terrace with BBQ, and visitor parking. Two parking spots are included with the unit. Don't miss out on this opportunity to buy a beautiful unit in the perfect location, book a showing today! (id:66096)

Property Details

MLS®: N14140356
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $632/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,542.39/yr
Listed: Yesterday

Market Timing

Days on market

Markham (Unionville) listings, avg age

63d

Price / ft²

$689

List price

$758K

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.

Area context

Neighbourhood profile (L3R)

This home lists at $758,000, about 8.2× the local median household income of $93,000.

Carrying it typically needs a household income of about $148,064 (20% down, 25-yr amortization, stress-tested) — roughly 59% 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)

$758,000· $689/ft²

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Full Cost Breakdown

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Down Payment6.70% · $50,800

Min 6.70%50%

Mortgage payment$3,921/mo

↳ CMHC premium ($28,288 capitalized)

Property tax (est.)$295/mo

Condo fee$632/mo

Total monthly$4,848

Cash Needed to Close

Down payment (6.70%)$50,800

Land transfer tax$11,635

Est. closing costs$4,774

Total cash needed$67,209

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

#2206 18 Water Walk Drive, Markham (Unionville) - Single Family for Sale

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Neighbourhood profile (L3R)

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