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

38 Water Walk Drive 528, Markham, ON L3R 6M8

1+1 beds · 1 bath · 1 kitchen · 5 rooms · 1 parking space · 600-699 sq ft · Locker · Laundry in unit · Condo Apartment
$499,000

Also includedParking · Common Elements · Building Insurance

Maintenance fee
$408 / month
Property tax
$2,042 / year
Included in the fee
Parking, Common Elements, Building Insurance

Rare opportunity to own a beautifully south view 638 sq ft 1+1den suite with 9 ft ceilings located in the heart of Downtown Markham. The enclosed den with sliding door can easily serve as a second bedroom or private home office. Functional layout with laminate floor thru-out. Granite counter top and backsplash. Close to restaurants, banks, Markham downtown, York University new campus, Go Train station and minutes to Hwy 7/407/404 and much more. 1 Parking and 1 Locker is included.

MLS number
N13743640
Type
Condo Apartment
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
L3R 6M8
Photos
25
Locker
Yes — Owned
Laundry
Ensuite
Included in the fee
Parking, Common Elements, Building Insurance
9days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Coppard Glen PS7.1 / 10
Elementary · French Immersion · 1
YRDSB boundary · approved 2007
Milliken Mills PS7.3 / 10
Elementary · French Immersion · 2-8
YRDSB boundary · approved 2007
Unnamed ES (Markham Centre)
Elementary · Regular Track
YRDSB boundary · approved June 2013
Unnamed ES (Markham Centre)
Elementary Holding · Regular Track · JK-8
YRDSB boundary
James Robinson PS
Elementary Holding · Regular Track · JK-8
YRDSB boundary
Unionville HS8.9 / 10
Secondary · Arts · 9-12
YRDSB boundary
Pierre Elliott Trudeau HS9.4 / 10
Secondary · French Immersion · 9-12
YRDSB boundary · approved April 2015
Milliken Mills HS8.3 / 10
Secondary · International Baccalaureate (IB) · 9-12
YRDSB boundary
Markville SS9.4 / 10
Secondary · Regular Track · 9-12
YRDSB boundary · approved January 2008
Markville SS
Secondary Holding · Regular Track · 9-12
YRDSB boundary
Unionville HS8.9 / 10
Secondary Holding · Regular Track · 9-12
YRDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

York Region. Published by the York Region District School Board’s planning department, with the date the board approved each boundary shown above. A boundary approved years ago is still the current one until the board redraws it, but the older the date, the more worth confirming.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: YRDSB school locator.

Sources: York Region District School Board planning department.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Across and Vertical AcademySecondary850 mNot reported
Unionville College, Montessori and ElemeElementary661 mNot reported
AIS Elementary School (Aurora InternatioElementary661 mNot reported
Canada Warden SchoolSecondary721 mNot reported
St John XXIII Catholic Elementary School
York CDSB
Elementary998 m7.1 / 10
71% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Condo Apartments in Unionville551 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$495k$590k$684k20252026this home’s asking price
$603klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
97%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d14d28d20252026
24dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo apartments in unionville. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 8,251 people.

$64,000Median household income
52.7%Own their home
6.5%Detached houses
35.2Median age
61.2%Born outside Canada
45.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35190636 — the few blocks around this address, home to 8,251 people. It describes the area, not this property.

8,251Population
40.2Average age
1.9Household size
$77,600Average household income
$64,000Median household income
53%Own their home
47%Rent
83%Condominiums
61%Born outside Canada
46%University degree
$715,000Average home value
24%Low income
55%Not in the labour force
33%Never married
Under $5,0004%
$5,000 to $9,9991%
$10,000 to $14,9991%
$15,000 to $19,9992%
$20,000 to $24,9994%
$25,000 to $29,9994%
$30,000 to $34,9994%
$35,000 to $39,9993%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9997%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9995%
$90,000 to $99,9995%
$100,000 and over21%
$100,000 to $124,9998%
$125,000 to $149,9995%
$150,000 to $199,9995%
$200,000 and over3%

Percentages are of the 5,510 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$99,800 · minimum here is $24,950
$2,209.46per month
Borrowed before insurance$399,200
Total borrowed$399,200
Interest over 25 years at 4.5%$263,639

If you rented it out

-$2,787.63per month out of pocket
Rent$0.00
Everything it costs to hold$2,787.63
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by BAY STREET GROUP INC.. Listing data provided by the Toronto Regional Real Estate Board.