8 Water Walk Drive 2701, Markham

$1,259,000
8 Water Walk Drive 2701

$1,259,000

New
17d
Condo ApartmentApartment

8 Water Walk Drive 2701, Markham

Total Monthly Obligation $6,387

HausQ Valuation Report
Beds
3
Baths
4
Park
2
Sqft
1200-1399
DOM
17d
Score
15
Yield
3.6%
Cash on Cash
-10.2%
Cap Rate
2.4%
5Y IRR
7.6%
10Y IRR
8.4%
Property Type-Condo Apartment
MLS® Number-N13865260
Beds-3
Bathrooms-4
Size-1200-1399 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$4,125.84 (2026)
Maintenance-$764.43/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-T-ONE GROUP REALTY INC.,
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-Unionville
Title-Residential Condo & Other

No agent assigned

Exceptional 3-bedroom residence at 8 Water Walk Dr by Times Group, offering nearly 1,400 sq. ft. of spacious living in the heart of Markham. Soaring ceilings and floor-to-ceiling windows fill the suite with natural light and showcase unobstructed city views. The open-concept layout features an upgraded kitchen with integrated appliances, stone countertops, and an oversized island. Enjoy a southeast-facing balcony overlooking the skyline and surrounding greenery. Includes two side-by-side parking spaces, premium building amenities, smart home features, parcel services, and 24-hour security. Conveniently located near dining, shopping, schools, business centres, and transit, with easy access to Highways 404 and 407.

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

Closing Costs

Mortgage Amount
$1,007,200
Land Transfer Taxes$21,655
Legal Fees (Est.)
$
Total cash required for closing$274,955

Total Monthly Obligation

$6,387/mo
Mortgage $5,078
Monthly Loss $5,050
Principal$1,336
Interest$3,742
Property Tax$344
Condo Fees$764
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.2%0
5-Year IRR
5.3%12
10-Year IRR
7.0%
Returns Index
7.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$45,480/yr
NOI
$25,233/yr
Net Cash Flow
-$2,976/mo
Cash Margin
-78.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
15.0/ 100

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

Comparables

Properties near 8 Water Walk Drive 2701

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.