38 Water Walk Drive, Unit 08, Markham, ON

$595,000
MLS#:N13485224
2 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Unionville. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $595,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Must See! Luxurious Times Group condo in the heart of Unionville. Bright and spacious 1+Den featuring a functional open-concept layout, unobstructed North exposure, and an impressive 364 sq. ft. Private Terrace. Modern kitchen with centre island and quartz countertops, spacious bedroom, and stylish finishes throughout. Includes 1 parking space and 1 locker. Total 989 sq. ft. (625 sq. ft. interior + 364 sq. ft. terrace). Prime location close to Hwy 7, 404 & 407, GO Transit, York University, top-ranking schools, Markville Mall, First Markham Place, Restaurants, Supermarkets, Banks, and Parks.

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Property Summary

This condo apartment located at 38 Water Walk Drive, Markham is currently for sale and has been available on SousaSells for 17 days. This property is listed at $595,000 with an estimated mortgage of $1,981* per month. It has 2 beds, 1 bathroom, and is 600-699 square feet. 38 Water Walk Drive, Markham is in the Unionville neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date6/24/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommon Element Condo
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyYork
Annual Tax$2,477.68

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Public Transit, Clear View

Interior Features

Carpet Free

Security Features

Concierge/Security

Community Features

Location

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38 Water Walk Drive, Unit 08, Markham, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 38 Water Walk Drive 1109, Markham, ON L3R 6M8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

Configure Loan Settings

Interest Rate4.00%
Down Payment$178,500 (30.0%)
* Minimum Canadian down payment required for this price is $34,500.
Amortization Period30 Years
Estimated Monthly Payment$1,981Based on a loan of $416,500 over 30 years.
Purchase Price$595,000
Loan Amount$416,500
Provincial Land Transfer Tax:$8,375
Total Estimated Closing Taxes:$8,375

About Purchasing a Home in Markham, ON

For a property listed at $595,000 in Markham, the legal minimum down payment is $34,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,375 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,375.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Unionville, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,151,037

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Local Schools Guide

Elementary Schools

Coledale
Public60 Coledale Road, Buttonville, Markham, Ontario, L3R 7W8
8.4
Buttonville
Public141 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C2
7.9
Sainte-Marguerite-Bourgeoys
Public111 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C1
9.5
Unionville Meadows
Public355 South Unionville Avenue, Unionville, Markham, Ontario, L3R 5C8
7.4
Ashton Meadows
PublicButtonville, Markham, Ontario
9.4

Secondary Schools

St. Augustine
Catholic2188 Rodick Road, Buttonville, Markham, Ontario, L6C 1S3
10.0
Markville
Public1000 Carlton Road, Unionville, Markham, Ontario, L3P 7P5
9.0
Pierre Elliott Trudeau
Public90 Bur Oak Avenue, Markham, Ontario, L6C 2E6
9.5
Father Michael McGivney
Public5300 14th Avenue, Markham, Ontario, L3S 3K8
8.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.