15 Water Walk Drive 533, Markham

$519,000
15 Water Walk Drive 533

$519,000

New
2d
Condo ApartmentApartment

15 Water Walk Drive 533, Markham

Total Monthly Obligation $3,036

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
2d
Score
18
Yield
5.3%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.0%
Property Type-Condo Apartment
MLS® Number-N14100872
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,373.95 (2025)
Maintenance-$544.32/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Unionville
Title-Residential Condo & Other

No agent assigned

Spacious & Functional 1 Bedroom + Den At Riverside Condos In Uptown Markham! Den Can Be Used As A Second Bedroom With A Bed & Desk! 635 Sq. Ft. + 40 Sq. Ft. Balcony. 9 Ft. Ceilings! Large Primary Bedroom Fits A King-Size Bed & Nightstands. Plenty Of Storage! Freshly Painted, Laminate Flooring Throughout, Brand-New Cooktop, Full-Sized Stainless Steel Appliances & Modern Washer/Dryer. Includes 1 Parking, 1 Locker & Internet! Resort-Style Amenities: 24-Hour Concierge, Gym, Party Room, Rooftop BBQ, Outdoor Infinity Pool & Visitor Parking. Steps To Whole Foods, Restaurants, Shopping, Banks, Viva Transit & York University Markham Campus. Minutes To Unionville GO, Downtown Markham & Hwy 404/407.

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

Closing Costs

Mortgage Amount
$415,200
Land Transfer Taxes$6,855
Legal Fees (Est.)
$
Total cash required for closing$112,155

Total Monthly Obligation

$3,036/mo
Mortgage $2,094
Monthly Loss $2,485
Principal$551
Interest$1,543
Property Tax$198
Condo Fees$544
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.7%22
10-Year IRR
8.9%
Returns Index
12.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$27,744/yr
NOI
$13,664/yr
Net Cash Flow
-$955/mo
Cash Margin
-41.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
25.8/ 100

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

Comparables

Properties near 15 Water Walk Drive 533

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.