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$747K · 2+1 bed Condo Apartment · Unit 4505, Riverview Condos, 8 Water Walk Drive, Markham, Ontario L3R 6L4 | HomeSearchCanada

$747,000

Unit 4505

11 DOM

2+1211d

Map

DOM 11

$747,000

DOM11days

Unit 4505

Riverview Condos · 8 Water Walk Drive · Markham · Ontario L3R 6L4

MLS® N13553864 · Unionville · L3R 6L4

2+12Vacant1000-1199 ft²Condo Apartment2-car UndergroundNo basement11d$679/ft²$3,887 tax/yrBuilt 20233 yrs oldNo basement

11 days on market

About this home

Welcome to Luxury Living Riverview Building A, by Times Group in The Heart of Markham! Spacious 1,081 Sq Ft 2 Bed + Den w/ Sliding Privacy Glass Door, Can be used as the 3rd Bedroom), 2 Full Bath Suite, 1 Tandem parking for 2 cars. Rare Offering SW Panoramic Views of Downtown Markham with 3 Separate Private Balconies, Providing Exceptional Outdoor Space and Natural Light. The Suite Features a Highly Practical Layout, High-End Finishes include Carpet-Free Laminate Flooring, Soaring 9-foot Ceiling…

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Property details

MLS#: N13553864
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2+1
Baths: 2 full, 0 half
Rooms: 6 + 3
Kitchens: 1
Size: 1000-1199Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: 2023

Occupancy: Vacant
Washrooms: 4 pc · Flat; 4 pc · Flat
Family room: No
Central vacuum: No
Ensuite laundry: No

Property features: Public Transit, School, Park, Library, Place Of Worship

View: City

Building name: Riverview Condos
Condo corp #: 1526
Balcony: Open
Locker: Owned
Association amenities: BBQs Allowed, Gym, Rooftop Deck/Garden, Sauna, Visitor Parking, Indoor Pool
Fees include: Common Elements Included, Parking Included, Heat Included
Pets: Yes-with Restrictions

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Heat Pump
Heating fuel: Other
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete · Year Round Living
Fronting on: —
Cross street: Hwy 7/Warden
Stories: 39
Utilities: —
Laundry: Ensuite
Laundry level: Main Level
Interior: Carpet Free, Other
Parking features: None

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: RE/MAX EXCEL REALTY LTD.

Source: TRREB/PROPTX · MLS® N13553864

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$747K

Unit 4505 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $747,000✓ $3,887 tax✓ Other✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,276/mo

incl. closing costs (yr 1)

Annual total

$75,307

year 1

Mortgage only

$2,834/mo

principal + interest

Beyond mortgage

$2,032/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$149,400

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$324/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo · assumes gas heat

Other$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$7,470/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$55/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$11,415

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)45% $34,007/yr

Property taxes20% $15,302/yr

Utilities5% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $7,470/yr

Condo fees10% $7,868/yr

Closing costs7% $5,100/yr

Mortgage is 45% of your true cost of ownership. The other 55% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$34,007	$2,834/mo
Government & taxes
Property tax	$3,887	$324/mo
Land transfer tax(closing)	$11,415	$951/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Other	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$7,470	$623/mo
Condo fees
Condo / HOA fees	$7,868	$656/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$75,307	$6,276/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 4505

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs