$1,128,000 - 12 Gandhi Lane Unit 103, Markham
Condo for Sale in Markham
Popular ListingNeighbourhood: Commerce Valley
- MLS Number
- N13497090
- Property Type
- Condo
- Status
- active
- Days on Site
- 10
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
Discover Luxury Living at Pavilia Towers, Perfectly Situated at the Intersection of Hwy 7 and Leslie Ave. Grand 1290 Sqft. Beautiful Sun filled Unit and Boasts Two Ensuite Bedrooms Plus Den Offering Ample Space for Families or Those Seeking Versatility. 10 Ft Ceiling. Modern Kitchen Design Features Quartz Countertops & Quartz Backsplash, Large Island, Sleek Smooth Cooktop, Built-in Oven; All 3 Bathrooms with Quartz Countertops. 2 Ensuite Bedrooms Are Roomy and Private, Large Walk-in Closet in Primary Bedroom. Large Den with Frosted Glass Sliding Doors & Closet (Can Be Used as 3rd BR), Perfect for Families or Those Who Need Extra Space. Laminate Floor Throughout. Amazing 2 Side by Side Parking (extra long) & Same Floor Locker Included. Keyless Entry to Unit (Lock & Unlock by Fob); Fantastic Amenities Including an Indoor Pool, Gym, Party Room, Library, and Rooftop Patio with BBQ Area. Located Near the Viva Station and Richmond Hill Centre (GO), Commuting Is a Breeze. Major Highways 407 and 404 Are Just Minutes Away, as Well as Plenty of Banks, Restaurants, and Shops for Everyday Needs. Don't Miss Out on the Chance to Experience Luxury Living at Its Finest. Move into Pavilia Towers and Enjoy Comfort, Convenience, and Sophistication All in One Place.
Estimate your monthly payments for this property
Estimated Payment
$4,989.52/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Commerce Valley
Commerce Valley is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Commerce Valley
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Commerce Valley offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
12 Gandhi Lane Unit 103, Markham
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $940/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Commerce Valley
I know Commerce Valley well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,700 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.