15 Water Walk Drive #337, Markham

$529,000
15 Water Walk Drive #337

$529,000

New
28d
Condo ApartmentApartment

15 Water Walk Drive #337, Markham

Total Monthly Obligation $3,090

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
28d
Score
18
Yield
5.3%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Condo Apartment
MLS® Number-N13830810
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 25, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,513.62 (2026)
Maintenance-$546.47/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-SKYBOUND REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Vacant
Neighbourhood-Unionville
Title-Residential Condo & Other

No agent assigned

Immaculate 1 bedroom plus den condo suite situated in the much sought after Riverdale Uptown Markham in the heart of Unionville. Close proximity to Markham Town Square shopping mall, supermarkets, banks, schools & VIVA public transit. Easy access to Hwy 404/407 & major roadways. High ceiling, laminate flooring t/o, one parking and one locker included. Great amenities include 24-hr concierge, multipurpose room, exercise room, outdoor pool with BBQ area, charging stations, card/games room, library/lounge, billiard/ping pong room & guest suites. VACANT and professionally cleaned ready for immediate occupancy. Ideal for professionals and executives.

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

Closing Costs

Mortgage Amount
$423,200
Land Transfer Taxes$7,055
Legal Fees (Est.)
$
Total cash required for closing$114,355

Total Monthly Obligation

$3,090/mo
Mortgage $2,134
Monthly Loss $2,528
Principal$562
Interest$1,572
Property Tax$209
Condo Fees$546
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.7%22
10-Year IRR
9.0%
Returns Index
12.1/ 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
$28,284/yr
NOI
$13,984/yr
Net Cash Flow
-$968/mo
Cash Margin
-41.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
25.4/ 100

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

Comparables

Properties near 15 Water Walk Drive #337

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.