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Listed 7 days ago

1006 - 8 Water Walk Drive

Unionville, Markham

$699,999

Condo Apartment |
2 | 2 | 1 | 1
About this home

A fantastic luxury suite in the heart of Markham, offering both comfort and modern amenities. Its located in the Riverview Building A, part of the upscale Riverview Complex. The suite boasts breathtaking views of downtown and uptown Markham from the large south-facing balcony. 2-bedroom unit with 2 washroom boasts an expansive 9' ceiling and a functional, open-concept layout with stylish laminate flooring throughout. The sleek kitchen features granite countertops, a designer backsplash, and premium finishes, perfect for modern living. Conveniently located just minutes from restaurants, banks, and the vibrant Markham Downtown, this condo is close to future York University campus, transit, and major highways a parking and 1 locker are included.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size800-899 sq. ft.
Maintenance Fees$498
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,919
mls© NumberN13878926
Listed ByVARIETAS REALTY INC.
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,583
Property tax
$243
Heat allowance
$150
Condo fees, half counted
$249
Housing costs
$4,225 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $140,000
25-yr amortization

Income needed

$130,000

gross annual household income

Payment at 4%
$2,946 / mo
Cash down
$140,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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