| Parking Included | |
| Common Elements Included | |
| Building Insurance Included |



















802 - 38 Water Walk Drive
Unionville, Markham
$529,000
Welcome to this bright and modern 1-bedroom suite in a newer 2024 building! Approx. 557 sq. ft. featuring 9-ft ceilings, a spacious open-concept layout and desirable southern exposure with an abundance of natural sunlight. The stylish contemporary kitchen offers built-in stainless steel appliances, sleek countertops, a centre island and elegant tile backsplash. Includes 1 parking space and 1 locker. Excellent opportunity for both investors and end users. Currently tenanted at $2,200/month on a month-to-month basis. Cooperative tenant is willing to stay or vacate, providing flexibility for the purchaser. Conveniently located close to transit, shopping, dining, parks and major highways. Don't miss this opportunity to own a beautiful newer condo in a desirable Markham community!
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $363 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,270 |
| mls© Number | N13683402 |
| Listed By | HOMELIFE BROADWAY REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,708
- Property tax
- $189
- Heat allowance
- $150
- Condo fees, half counted
- $182
- Housing costs
- $3,228 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$99,000
gross annual household income
- Payment at 4%
- $2,226 / mo
- Cash down
- $105,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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