15 Water Walk Drive 2601, Markham

$490,000
15 Water Walk Drive 2601

$490,000

Extension
28d
Condo ApartmentApartment

15 Water Walk Drive 2601, Markham

Total Monthly Obligation $2,839

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
28d
Score
19
Yield
5.4%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Condo Apartment
MLS® Number-N13829746
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 25, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$2,204 (2025)
Maintenance-$478.96/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-STARHOME REALTY INC
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Unionville
Title-Residential Condo & Other

No agent assigned

Luxury Riverside Walk Condo, Located In Uptown Markham. 1 Bedroom & 1 Bathroom, Bright And Spacious. Move in Condition, Modern Finished & Open Concept With 9 Ft Ceiling, Laminate Floor Through-Out. Stainless Steel Appliances & Upgraded Kitchen Cabinetry. 24 Hr Concierge, Steps To Public Transit, Supermarket, Groceries, Bank & Restaurant. Easy Access To Hwy 404 & 407. Unionville H.S. And IB Milliken Mills H.S., Markville Secondary School. Clear View To North Unobstructed.

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

Closing Costs

Mortgage Amount
$392,000
Land Transfer Taxes$6,275
Legal Fees (Est.)
$
Total cash required for closing$105,775

Total Monthly Obligation

$2,839/mo
Mortgage $1,977
Monthly Loss $2,319
Principal$520
Interest$1,456
Property Tax$184
Condo Fees$479
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%16
Cash-on-Cash
-9.7%1
5-Year IRR
8.1%24
10-Year IRR
9.2%
Returns Index
13.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$26,496/yr
NOI
$13,495/yr
Net Cash Flow
-$852/mo
Cash Margin
-38.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
27.4/ 100

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

Comparables

Properties near 15 Water Walk Drive 2601

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.