18 Water Walk Drive 2307, Markham

$619,000
18 Water Walk Drive 2307

$619,000

New
22d
Condo ApartmentApartment

18 Water Walk Drive 2307, Markham

Total Monthly Obligation $3,338

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
22d
Score
17
Yield
4.6%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Condo Apartment
MLS® Number-N13848026
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,507 (2025)
Maintenance-$431.87/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE BROADWAY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Metal/Steel Siding
Possession-Immediate
Neighbourhood-Unionville
Title-Residential Condo & Other

No agent assigned

A Landmark Condominium Building Located In the Fashionable Uptown Markham And Development By Times Group Corporation. FRESHLY PAINTED THROUGHOUT. 9' Ceiling W/Spacious 1+1 Bedroom Unit with Powder Room. Functional Layout With Laminate Floor Thru-Out. Granite Countertop And Backsplash. Close To Restaurants, Banks, Markham Downtown, York University, Transit And Minutes To Hwy 7/407/404. ** 1 Parking And 1 Locker Included **

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%
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$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$495,200
Land Transfer Taxes$8,855
Legal Fees (Est.)
$
Total cash required for closing$134,155

Total Monthly Obligation

$3,338/mo
Mortgage $2,497
Monthly Loss $2,681
Principal$657
Interest$1,840
Property Tax$209
Condo Fees$432
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.2%19
10-Year IRR
8.5%
Returns Index
11.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,620/yr
NOI
$15,669/yr
Net Cash Flow
-$1,191/mo
Cash Margin
-49.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
23.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 18 Water Walk Drive 2307

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.