18 Water Walk Drive 706, Markham

$849,000
18 Water Walk Drive 706

$849,000

New
22d
Condo ApartmentApartment

18 Water Walk Drive 706, Markham

Total Monthly Obligation $4,546

Beds
2
Baths
3
Park
1
Sqft
1000-1199
DOM
22d
Score
17
Yield
4.7%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.4%
Property Type-Condo Apartment
MLS® Number-N13852054
Beds-2
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,540.33 (2026)
Maintenance-$625.96/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BAY STREET GROUP INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Unionville
Title-Residential Condo & Other

No agent assigned

*** Three Year New Luxury Residence in Prime Unioville at Warden/Hwy 7 *** Riverview Condos by Times Group *** Functional Layout with 2 Spit Bedrooms that have their own baths *** Rare Double Ensuites for Condo + Guest Powder Room *** Custom Built Shelves/Cabinets in some Rooms *** Fresh Paint *** Upgraded Ceiling/Pot Lights System in the Great Room *** $$$ spent ***Quartz Counter Top, 9 ft ceiling *** Close to Hwy 407/404, Top Ranked Unionville High, Minutes to GO/VIVA Transit, York University, Plazas, FMP, Downtown Markham, Markham City Hall and more *** Well Managed Building with classy finishes : Indoor Pool, Gym, Yoga Rm, Sauna, Party/Lounge Rms, BBQ Rooftop Terrace, 24/7 Concierge, Secure Smart Entry, Automated Parcel Lockers ....all these for Residents Enjoyment *** DO NOT MISS !!

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

Closing Costs

Mortgage Amount
$679,200
Land Transfer Taxes$13,455
Legal Fees (Est.)
$
Total cash required for closing$184,755

Total Monthly Obligation

$4,546/mo
Mortgage $3,425
Monthly Loss $3,644
Principal$901
Interest$2,523
Property Tax$295
Condo Fees$626
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.4%1
5-Year IRR
7.5%21
10-Year IRR
8.7%
Returns Index
11.6/ 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
$39,504/yr
NOI
$22,102/yr
Net Cash Flow
-$1,583/mo
Cash Margin
-48.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.545
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.0/ 100

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

Comparables

Properties near 18 Water Walk Drive 706

Time

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Data last updated within the past 24 hours.