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1503 - 8 Water Walk Drive
Unionville, Markham
$699,000
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.
No extras listed.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 0-5 |
| Size | 700-799 sq. ft. |
| Maintenance Fees | $456 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,687 |
| mls© Number | N13690680 |
| Listed By | CENTURY 21 HERITAGE GROUP LTD. |
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%
- $3,578
- Property tax
- $224
- Heat allowance
- $150
- Condo fees, half counted
- $228
- Housing costs
- $4,180 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$129,000
gross annual household income
- Payment at 4%
- $2,942 / mo
- Cash down
- $139,800
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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