- Bedrooms
- 1+1
- Bathrooms
- 1
- Size
- 600–699sq ft
- Per sq ft
- $767at the range’s middle
- Tax a year
- $2,3952026 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 516-25 Water Walk Dr
516-25 Water Walk Dr is a 1+1-bedroom, 1-bathroom condo in Unionville, Markham, listed for sale at an asking price of $498,000 (MLS® N13732674).
Welcome to 25 Water Walk Drive, "Riverside" Building B! This Spectacular Bright, North Facing 1+1 Unit Features Nine (9') Foot Ceilings! **646 Sq. Ft. + 50 Sq. Ft. Open Balcony!*** As Per MPac. The Den With Double French Doors Can Be Used As A Bedroom. Picture Windows W/ Unobstructed Views! Laminate Flooring, Stainless Steel Appliances, Modern Finishes. Minutes To Hwy 407, Unionville Go Train Station, VIVA & YRT Bus Stops, YMCA, York University Markham Campus, Downtown Markham Cineplex, Etc... 24 Hour Concierge, Exercise Room, Games Room, Pool, Visitor Parking & A Lot More!!!
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall42/100−$554/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 59 condos with 2 bedrooms for lease in Unionville right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,395 / 2026
- MLS® number
- N13732674
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Unionville
- Municipality
- Markham
Building
- Size
- 600-699 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- Yes
- Den
- No
- Family room
- No
- Extras
- Stainless Steel Fridge/Freezer, Dishwasher, Rangehood, Stove/Oven, All Electrical Lighting Fixtures, Washer, Dryer, Laminate Flooring, Backsplash, Tall Upgraded Cabinetry.
- Condo maint.
- $582
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 1.22 × 3.05 m | 4 Pc Bath, Large Closet, Ceramic Floor | Flat |
| Living | 3.05 × 4.23 m | Combined W/Dining, Picture Window, W/O To Balcony | Flat |
| Dining | 3.05 × 4.23 m | Breakfast Bar, Open Concept, Laminate | Flat |
| Kitchen | 2.08 × 2.96 m | Breakfast Bar, Open Concept, Stainless Steel Appl | Flat |
| Primary | 2.99 × 3.2 m | Picture Window, Large Closet, Laminate | Flat |
| Den | 2.08 × 3.05 m | Led Lighting, French Doors, Laminate | Flat |
Listing history
Buy/sell history for 516-25 Water Walk Dr, Markham, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $498,000 | N/A | For Sale | N13732674 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $99,600
- Total mortgage amount
- $398,400
- Total interest payment
- $283,200
- Total purchase cost
- $781,200
- Mortgage payment
- $2,272/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
40%Monthly carrying cost
$3,054- Rent $2,500
- Shortfall $554
Rental income opens at $2,500, the median asking rent of 59 comparable homes for lease in Unionville. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $6,435
- Total land transfer tax
- $6,435
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $498,000
- $1,960
- Ontario total
- $6,435
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- 2 water-supply wells recorded within 250 mAll were drilled for domestic use; 45 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 13.7 m.250 m
- Groundwater recorded about 2.8 m below ground nearbyThe middle water level in the well records within 500 m (147 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 2.8 km2.8 km
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Markham District Energy Inc. — Warden Energy Centre, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 80 m awayFixed wireless up to 25/5 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (80 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.80 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
The market
Condos for sale in Unionville right now
- For sale now
- 141
- Median asking price
- $620K
- New in 7 days
- 9
- Price cuts
- 22%
Middle half: $528K to $729K
46 in 28 days
31 listings
This home is asking 20% below the median, lower than three quarters of them.
See all homes in UnionvilleAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Highway 7 / Village Pkwy | YRT bus rapid transit: Viva Purple | 300 m |
| Highway 7 / Warden Av | YRT bus rapid transit: Viva Purple | 500 m |
| Cedarland Dr / Warden Av | YRT bus rapid transit: Viva Purple | 700 m |
| Enterprise Blvd / Andre De Grasse St | YRT bus rapid transit: Viva Purple | 900 m |
| Unionville GO | GO Transit train: Stouffville | 1.2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St John XXIII Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 · French Immersion | 1 km | 79%Grade 6 average |
| Coledale Public SchoolYork Region DSB | Public · grades JK–8 | 1.5 km | 88%Grade 6 average |
| Parkview Public SchoolYork Region DSB | Public · grades JK–8 | 1.6 km | 87%Grade 6 average |
| ÉÉC Sainte-Marguerite-Bourgeoys-MarkhamConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2.6 km | 95%Grade 3 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Unionville High SchoolYork Region DSB | Public · grades 9–12 | 700 m | 88%Grade 9 math |
| Bill Crothers Secondary SchoolYork Region DSB | Public · grades 9–12 | 1.5 km | 79%Grade 9 math |
| St Augustine Catholic High SchoolYork CDSB | Catholic · grades 9–12 · French Immersion | 3.1 km | 97%Grade 9 math |
| École secondaire Norval-MorrisseauConseil scolaire Viamonde | French-language public · grades 9–12 | 9.4 km | 90%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Unionville are shown to signed-in members.