8 Water Walk Drive 1006, Markham

$699,999
8 Water Walk Drive 1006

$699,999

New
15d
Condo ApartmentApartment

8 Water Walk Drive 1006, Markham

Total Monthly Obligation $3,764

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
15d
Score
18
Yield
4.8%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Condo Apartment
MLS® Number-N13878926
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,918.64 (2026)
Maintenance-$497.67/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-VARIETAS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30/60
Neighbourhood-Unionville
Title-Residential Condo & Other

No agent assigned

A fantastic luxury suite in the heart of Markham, offering both comfort and modern amenities. Its located in the Riverview Building A, part of the upscale Riverview Complex. The suite boasts breathtaking views of downtown and uptown Markham from the large south-facing balcony. 2-bedroom unit with 2 washroom boasts an expansive 9' ceiling and a functional, open-concept layout with stylish laminate flooring throughout. The sleek kitchen features granite countertops, a designer backsplash, and premium finishes, perfect for modern living. Conveniently located just minutes from restaurants, banks, and the vibrant Markham Downtown, this condo is close to future York University campus, transit, and major highways a parking and 1 locker are included.

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

Closing Costs

Mortgage Amount
$559,999
Land Transfer Taxes$10,475
Legal Fees (Est.)
$
Total cash required for closing$151,975

Total Monthly Obligation

$3,764/mo
Mortgage $2,824
Monthly Loss $3,021
Principal$743
Interest$2,081
Property Tax$243
Condo Fees$498
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
8.0%23
10-Year IRR
9.1%
Returns Index
12.8/ 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
$33,852/yr
NOI
$19,176/yr
Net Cash Flow
-$1,226/mo
Cash Margin
-43.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo41
Risk Index
21.9/ 100

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

Comparables

Properties near 8 Water Walk Drive 1006

Time

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Data last updated within the past 24 hours.